Office Units with Medical Use
For Sale
$1,780,000
1211 Vista, Vista, CA 92083
Configured for traditional office operations with private rooms, shared work areas, and meeting space.
Property Size3,779 SF
Price / SF$471.02
Days on Market73
Property Features for 1211 Vista
General Information
Standard status
Active
Size
3,779 SF
Property subtype
Office
Additional Details
Road Access
Yes
Amenities
Central Air
OP
Corner Lot.
15 Parking Spaces.
Corner.
Building Details
Year Built
2005
Listing Agency:
John Scatoloni, Broker
(562) 777-2200
Listed By:
John Scatoloni · License #01780335
Source:
Xome
Added: Jun 20
Changed: Aug 30
Last Checked: Aug 30 at 11:20PM
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 John Scatoloni, Broker
Investment Insights
Based on property information with market context.
Office space scheduled for occupancy in July 2026 is arranged with a reception area, expansive open workspace, four private offices, a breakroom, and a conference room. The building was constructed in 2005 and is part of a larger office complex. The premises may be divided into approximately 1,300 SF and 2,600 SF sections, with the final configuration to be determined.
Traditional office use is permitted. Medical office use may be possible subject to city approval. The complex fronts Vista Way and includes a corner-lot setting with 15 parking spaces. The property is offered for purchase and lease.
Traditional office use is permitted. Medical office use may be possible subject to city approval. The complex fronts Vista Way and includes a corner-lot setting with 15 parking spaces. The property is offered for purchase and lease.
Key Highlights
- 3,779 SF office space with occupancy planned for July 2026
- Reception area, open workspace, 4 private offices, breakroom, and large conference room
- Potential division into approximately 1,300 SF and 2,600 SF sections
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$87,442
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.91%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,748,840
$1.7M
Cap Rate 7%
$1,249,171
$1.2M
Cap Rate 9%
$971,578
$971.6K
Market Conditions
NOI Build-Up for 3,779 SF
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.
Gross rent
$136.0K $36.00/SF
− Vacancy
−$19.5K −$5.15/SF
EGI
$116.6K $30.85/SF
− OpEx
−$29.1K −$7.71/SF
NOI
$87.4K $23.14/SF
Area
San Diego County, CA
Vacancy
14.30%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,748,840
Cap Rate 7%
$1,249,171
Cap Rate 9%
$971,578
Alternative Uses
Best Use
Office B
$1.25M
$1.09M – $1.46M
NOI $87,442 @ 7.0% cap · market cap 4.91%
Second Best
Healthcare Medical
$1.02M
$891.4K – $1.19M
NOI $71,309 @ 7.0% cap · market cap 4.01%
Theoretical Best
Office A
$1.73M
$1.51M – $2.02M
NOI $121,199 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,002
Businesses Nearby
Explore this area
Business Placement
Demographics for 92083, CA
39,219
Population
11,901
Households
3.3
Avg Household Size
33
Median Age
20%
College-Educated
75%
High-School Grad
5.5 sq mi
ZIP Area
7,131
Density / Sq Mi
$82,614
Median Household Income
$40,145
Median Earnings
$2,104
Median Rent
$607,400
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Configured for traditional office operations with private rooms, shared work areas, and meeting space.
Where is this office units located?
The property is located at 1211 Vista Vista, CA.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: 3,779 SF office space with occupancy planned for July 2026; Reception area, open workspace, 4 private offices, breakroom, and large conference room; Potential division into approximately 1,300 SF and 2,600 SF sections
