Mixed-Use Redevelopment
For Sale
Contact for pricing
4811 W Point Loma Blvd, San Diego, CA 92107
CC-4-2 zoning provides for ground-floor commercial space accommodating up to three tenants.
Property Size2,800 SF
Price / SF$633.57
Days on Market239
Property Features for 4811 W Point Loma Blvd
General Information
Standard status
Active
Size
2,800 SF
Property subtype
RETAIL
Listing Agency:
Colliers | San Diego
(858) 677-5344
Listed By:
Scott Danshaw
Source:
Moodyscre
Added: Jan 6
Changed: Aug 30
Last Checked: Aug 30 at 5:26AM
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 Colliers | San Diego
Investment Insights
Based on property information with market context.
This 2,800-square-foot mixed-use property at 4811 W Point Loma Blvd presents a redevelopment or owner-user opportunity. The site carries CC-4-2 zoning and can accommodate ground-floor commercial space for up to three tenants. Current zoning also allows hotel or motel development, while the source information identifies residential density-bonus potential under the Affordable Housing Act.
The property offers frontage along both West Point Loma Blvd and Lotus Street. It is positioned four blocks from the beach and near I-8, with a high Walk Score noted for the location. The address is 4811 W Point Loma Blvd, San Diego, CA 92107.
The property offers frontage along both West Point Loma Blvd and Lotus Street. It is positioned four blocks from the beach and near I-8, with a high Walk Score noted for the location. The address is 4811 W Point Loma Blvd, San Diego, CA 92107.
Key Highlights
- 2,800‑square‑foot mixed‑use property at 4811 W Point Loma Blvd
- CC‑4‑2 zoning
- Ground‑floor commercial configuration for up to 3 tenants
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
$67,589
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
3.81%
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%
$1,351,780
$1.4M
Cap Rate 7%
$965,557
$965.6K
Cap Rate 9%
$750,989
$751.0K
Market Conditions
NOI Build-Up for 2,800 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
$100.8K $36.00/SF
− Vacancy
−$4.2K −$1.52/SF
EGI
$96.6K $34.48/SF
− OpEx
−$29.0K −$10.35/SF
NOI
$67.6K $24.14/SF
Area
San Diego, CA
Vacancy
4.21%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
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%
$1,351,780
Cap Rate 7%
$965,557
Cap Rate 9%
$750,989
Alternative Uses
Best Use
Retail
$965.6K
$844.9K – $1.13M
NOI $67,589 @ 7.0% cap · market cap 3.81%
Second Best
Mixed Use
$772.8K
$676.2K – $901.6K
NOI $54,096 @ 7.0% cap · market cap 3.05%
Theoretical Best
Specialty Retail
$1.11M
$967.7K – $1.29M
NOI $77,414 @ 7.0% cap · market cap 4.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,701
Businesses Nearby
50k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 41%
76
Shops & Services
12,300 visits/mo
0.1 miles
Jack in the Box
Dining
12,009 visits/mo
0.1 miles
Pizza Port
Dining
8,574 visits/mo
0.5 miles
Shell
Shops & Services
7,390 visits/mo
0.1 miles
7-Eleven
Shops & Services
7,072 visits/mo
0.2 miles
Demographics for 92107, CA
28,684
Population
14,658
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
98%
High-School Grad
3.0 sq mi
ZIP Area
9,561
Density / Sq Mi
$107,262
Median Household Income
$61,936
Median Earnings
$2,208
Median Rent
$1,218,200
Median Home Value
Market
Vacancy Rate% for Retail in San Diego, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - CC-4-2 zoning provides for ground-floor commercial space accommodating up to three tenants.
Where is this mixed-use property located?
The property is located at 4811 W Point Loma Blvd San Diego, CA.
What is the asking price?
The asking price for this property is $1,774,000.
What are key features of this property?
This property features: 2,800‑square‑foot mixed‑use property at 4811 W Point Loma Blvd; CC‑4‑2 zoning; Ground‑floor commercial configuration for up to 3 tenants
