8069 Mission Gorge 1
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2026 | Listed by Coldwell Banker Realty | $598,000 | |
| Listed by Coldwell Banker Realty | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2022 | Listed | $775,000 | |
| Listed | |||
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Opportunity to build over 12,000 sq ft, three story commercial building of which 8,500 sq ft is office space. Covered parking garage, 2,500 sq ft patio, balconies and more. City zoned General Commercial allows many uses such as retail, office space, medical etc. Corner lot on Mission Gorge Rd & Big Rock Previously fully entitled and permit ready this project is ideal for an owner/user or as a development opportunity. This 10,200 Sq. Ft. office building ideal for medical office. Building plans and specifications pertaining to the project are available for inspection. Excellent gas station location on a signalized corner. Property faces Highway 52 with excellent visibility, which should only improve with the impending completion of the Highway 52 extension to the east to Highway 67. The fully entitled project, ready to build over 12,000 sq ft, a three-story commercial building of which 8,500 sq ft is office space, INCLUDING 35 PARKING SPACES. Freeway 52 exposure!!! Covered parking garage, 2,500 sq ft patio, balconies, and more. City zoned General Commercial allows many uses such as retail, office space, medical, etc. Property includes 2 APN numbers 383-160-09 and 383-160-07 Corner lot on Mission Gorge Rd & Big Rock in the city of Santee ( San Diego East County)
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017