Single-Story Flex Space
For Sale
Contact for pricing
6341-6349 Nancy Ridge Dr, San Diego, CA
Rare single-story flex space opportunity in San Diego, CA.
Property Size4,657 SF
Lot Size17.87 Acres
Price / SF$429.46
Days on Market561
Property Features for 6341-6349 Nancy Ridge Dr
General Information
Standard status
Active
Size
4,657 SF
Lot size
17.87 Acres
Property subtype
FLEX_R_AND_D
Listing Agency:
Lee & Associates | San Diego
(858) 230-1166
Listed By:
Paul Britvar · License #01949354
(858) 230-1166
Source:
Moodyscre
Added: Jan 15, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | San Diego
Investment Insights
Based on property information with market context.
This property offers a rare single-story flex space opportunity. The building provides 4,657 square feet of space. It is located in San Diego, CA.
Key Highlights
- Rare single‑story
- Flex opportunity
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.8k | $24.00 |
| − Vacancy | −$7.8k | −$1.68 |
| EGI | $103.9k | $22.32 |
| − OpEx | −$36.4k | −$7.81 |
| NOI | $67.6k | $14.51 |
4,657 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$965.2K
$844.6K – $1.13M
NOI $67,564 @ 7.0% cap · market cap 3.38%
Second Best
Industrial
$786.8K
$688.4K – $917.9K
NOI $55,075 @ 7.0% cap · market cap 2.75%
Theoretical Best
Specialty Retail
$1.84M
$1.61M – $2.15M
NOI $128,757 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,332
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in San Diego, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Wild Thyme Company Catering & Events — 8547 Miramar Pl, San Diego, CA 92121
- CowgirlQ Catering — 6355 Marindustry Dr Suite B, San Diego, CA 92121
- Urban Solace Catering — 6355 Marindustry Dr Suite B, San Diego, CA 92121
Frequently Asked Questions
What type of property is this?
Flex space - Rare single-story flex space opportunity in San Diego, CA.
Where is this flex space located?
The property is located at 6341-6349 Nancy Ridge Dr San Diego, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Rare single‑story; Flex opportunity