Technical
Financial
Distress signals
Property profile

3703 Camino Del Rio S San Diego, CA 92108

OFF-MARKET
Retail space
Property ID
US09-6592385
20,320 SF 0.93 ac lot Built 1989
Individually Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class A medical office building, Del Rio Plaza, presents a compelling investment or owner-user opportunity in San Diego's desirable Mission Valley submarket. Located at 3703 Camino Del Rio South, this two-story building boasts 22,595 square feet situated on a 0.93-acre lot. Built in 1989 and extensively renovated in 2017, the property features a multi-tenant configuration and offers ample parking (4 spaces per 1,000 sq ft). Recent improvements include a complete parking lot repaving and restripping, new landscaping, upgraded lighting and security cameras, refurbished elevator interiors, new signage and directories, a new entry driveway, and stamped concrete in common areas. The building is zoned MV-CO and benefits from a strong current NOI of $357,449, with a pro-forma NOI of $506,155. This presents a rare chance to acquire a well-maintained, high-performing asset in a thriving San Diego location. The asking price is $6,900,000. The property's excellent location and recent upgrades make it an attractive investment for both users and investors seeking a stable, high-return asset in a prime San Diego market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1989
Total area 20,320 SF
Lot 0.93 ac (40,510 SF)
Zoning code COMMERCIAL
APN 439-520-08-00
UPID US09-6592385

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Business Management Consultant
  • Physician
  • Insurance Agency
  • Physician
  • Physician

Location

3703 Camino Del Rio S San Diego, CA 92108-4031
San Diego metro Census 9307 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$4.65M

Owner & transaction history

since 2015
7 recorded transactions
2022
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2015
Price N/A
1997
Price N/A
1997
$127,000

Zoning & alternative use

COMMERCIAL · San Diego, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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