Mixed-Use Creative and Wellness
3065 Reynard San Diego, CA 92103
3065 Reynard, San Diego, CA, 92103
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For Sale
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Two-parcel property with existing improvements and current tenant occupancy in a CN-1-3 zone with Complete Communities Tier 3 overlay.
Property Size6,222 SF
Lot Size0.33 Acres
Price / SF$317.42
Days on Market152
Property Features for 3065 Reynard
General Information
- Standard status
- Active
- Size
- 6,222 SF
- Lot size
- 0.33 Acres
- Property subtype
- Land
Listing agency
Top Gun CRE
Listed by
Nicolas Hernandez · License #02207439
Source
Crexi
Added: Feb 21 Updated: Jul 21 at 4:57PM Checked: Jul 21 at 4:57PM
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 Top Gun CRE
Investment Insights
Based on property information with market context.
This mixed-use creative and wellness property includes two legal parcels totaling approximately 14,246 square feet, with 6,222 square feet of existing improvements. The space is currently occupied by a diverse mix of creative, studio, wellness, and service-oriented tenants, providing in-place income while allowing for rent repositioning and further redevelopment evaluation.
Zoned CN-1-3 and located within the Complete Communities Tier 3 overlay, the site may allow increased residential density with a floor area ratio of up to 6.5. The property is centrally positioned just north of Downtown San Diego, offering access to Mission Hills, Old Town, major employment centers, and regional freeways.
For buyers and brokers underwriting both income stability and long-term repositioning, the combination of existing occupancy and redevelopment potential is central to the property’s marketability.
Zoned CN-1-3 and located within the Complete Communities Tier 3 overlay, the site may allow increased residential density with a floor area ratio of up to 6.5. The property is centrally positioned just north of Downtown San Diego, offering access to Mission Hills, Old Town, major employment centers, and regional freeways.
For buyers and brokers underwriting both income stability and long-term repositioning, the combination of existing occupancy and redevelopment potential is central to the property’s marketability.
Key Highlights
- Two legal parcels totaling approx. 14,246 SF with 6,222 SF of existing improvements
- Currently occupied by a mix of creative, studio, wellness, and service‑oriented tenants providing in‑place income
- Zoned CN‑1‑3 with Complete Communities Tier 3 overlay
Local Financial Insights For Office B
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 | $186.7k | $30.00 |
| − Vacancy | −$26.5k | −$4.26 |
| EGI | $160.2k | $25.74 |
| − OpEx | −$40.0k | −$6.44 |
| NOI | $120.1k | $19.31 |
6,222 SF · lease $30.00/SF/yr · vacancy 14.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.72M
$1.50M – $2.00M
NOI $120,116 @ 7.0% cap · market cap 6.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.46M
$2.15M – $2.87M
NOI $172,026 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
MiracleTouch Logo
Alternative Medicine Practice
BLDG Studios
Film Production
Briefcase Studios
Film Production
Similar For Sale Nearby
FAQs
What type of property is this?
Creative space - Two-parcel property with existing improvements and current tenant occupancy in a CN-1-3 zone with Complete Communities Tier 3 overlay.
Where is this creative space located?
The property is located at 3065 Reynard San Diego, CA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Two legal parcels totaling approx. 14,246 SF with 6,222 SF of existing improvements; Currently occupied by a mix of creative, studio, wellness, and service‑oriented tenants providing in‑place income; Zoned CN‑1‑3 with Complete Communities Tier 3 overlay
