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895 Palomar St 6,612 SF Vacant Flex Building Chula Vista, CA 91911 $1,995,000 ($301.72/SF)



Executive Summary
This two-story, ±6,612 SF office/warehouse property offers a unique owner-user or investor opportunity in the heart of Chula Vista. Situated along Palomar Street, the site benefits from proximity to the transformative $1 billion Chula Vista Bayfront development, which is set to drive significant economic growth in the area. The property is zoned for light industrial/commercial use (M52 Limited Impact Industrial), allowing for a wide range of business applications.
The building features a flexible layout with five warehouse spaces and twelve small offices, making it suitable for multi-tenant occupancy or a single-user configuration. Current tenancy is primarily month-to-month, providing immediate income with the potential for repositioning or redevelopment. The site includes 18 parking spaces and offers excellent visibility and accessibility, with direct connections to Interstate 5 and nearby major thoroughfares.
Located just 1.7 miles from the Bayfront, the property provides convenient access to regional transportation networks, retail amenities, and a growing residential base. This is a rare opportunity to secure a versatile asset in a high-demand submarket poised for long-term appreciation.
The building features a flexible layout with five warehouse spaces and twelve small offices, making it suitable for multi-tenant occupancy or a single-user configuration. Current tenancy is primarily month-to-month, providing immediate income with the potential for repositioning or redevelopment. The site includes 18 parking spaces and offers excellent visibility and accessibility, with direct connections to Interstate 5 and nearby major thoroughfares.
Located just 1.7 miles from the Bayfront, the property provides convenient access to regional transportation networks, retail amenities, and a growing residential base. This is a rare opportunity to secure a versatile asset in a high-demand submarket poised for long-term appreciation.
Property Facts
| Price | $1,995,000 | Lot Size | 0.35 AC |
| Price Per SF | $301.72 | Rentable Building Area | 6,612 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Flex | Year Built | 1979 |
| Property Subtype | Flex Research & Development | Parking Ratio | 2.72/1,000 SF |
| Building Class | C | ||
| Zoning | M52 - Limited Impact Industrial | ||
| Price | $1,995,000 |
| Price Per SF | $301.72 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | C |
| Lot Size | 0.35 AC |
| Rentable Building Area | 6,612 SF |
| No. Stories | 2 |
| Year Built | 1979 |
| Parking Ratio | 2.72/1,000 SF |
| Zoning | M52 - Limited Impact Industrial |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 622-011-02 | Improvements Assessment | $410,958 |
| Land Assessment | $832,320 | Total Assessment | $1,243,278 |
Property Taxes
Parcel Number
622-011-02
Land Assessment
$832,320
Improvements Assessment
$410,958
Total Assessment
$1,243,278
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895 Palomar St
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