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    3630 Enterprise Street San Diego, CA 92110

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    Picture of Medical Office Space at 3630 Enterprise Street, San Diego, CA
    For Sale
    Contact for pricing

    3,334 SF Office /Medical For Sale

    Property size:
    3,334 SF
    Lot size:
    0.35 Acres
    Added:
    May 16, 2025
    Days on Market:
    337
    Last Refresh:
    Mar 16 at 9:06 am

    Property Features for 3630 Enterprise Street

    General Information

    Standard status
    Active
    Property type
    Medical Office Space, Medical centers, Medical space, Office properties & Spaces, Healthcare properties
    Size
    3,334 SF
    Elevators
    N/A
    Lot size
    0.35 Acres

    Building Details

    Year Built
    1980
    Year Renovated
    2016
    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Joshua J. Smith

    Listing agent Joshua

    Listing office

    Listing date May 16, 2025

    Overview

    Remodeled Office/Medical Building For Sale

    This 3,334 SF single tenant building presents a prospect for office, retail, or medical investors or owner/users. Fully remodeled in 2016, with secured parking and a roof-mounted solar array, this property offers modern amenities while retaining its original 1980s Spanish architecture. Its location caters to the commercial real estate market and area redevelopment, making it an attractive asset for investors seeking a solid addition to their portfolio or those needing a central location to place their business. The property has an active license for a Birthing Center including OSHPD 3 certification, which is applicable for Dialysis, Surgical, Rehab, Primary Care, and Psychology uses as well as Out Patient Clinic Services of a Hospital. The location is near commercial services, major thoroughfares and active large-scale residential/commercial redevelopment. Situated near Old Town San Diego State Historic Park and the Sports Arena/Midway District, the area offers a blend of historical charm and amenities. With proximity to the UC San Diego Medical Center, Scripps Mercy Hospital and easy access to the I-5 and I-8 highways, the location provides convenience and connectivity for employees and clients/patients.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Roberta L. Frank, ... Midwife Best Start Birth ... Medical Clinic San Diego HypnoBirthing Training Center Ann Groonwald Midwife Birth from Love Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Shots For Pets — 3191 Sports Arena Blvd, San Diego, CA 92110
    • Vetco — 3495 Sports Arena Blvd, San Diego, CA 92110
    • Vetco Total Care Animal Hospital — 3495 Sports Arena Blvd, San Diego, CA 92110
    • PetSmart Veterinary Services – San Diego (Sports Arena) — 3610 Rosecrans St, San Diego, CA 92110
    • Banfield Pet Hospital — 3361 Rosecrans St Ste 9a, San Diego, CA 92110

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.1982432
    Latitude
    32.7463979

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    FAQs

    What type of property is this?
    Medical Office Space - 3,334 SF Office /Medical For Sale
    Where is this medical office space located?
    The property is located at 3630 Enterprise Street San Diego, CA.
    (619) 797-1322
    We can help!
    Listing Contact
    Joshua J. Smith
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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