Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5550 La Jolla Blvd San Diego, CA 92037
    Property profile & analytics

    5550 La Jolla Blvd, San Diego, CA 92037

    View on Map
    • Retail properties & Spaces
    • 16,298 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 5550 La Jolla Blvd

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.269
    Latitude
    32.8132

    Comparable in this City

    • Value Estimation by Request
      1,300 SF

      1273 Prospect St

      Restaurants
      1273 Prospect St, San Diego, CA 92037
      View Details
    • Value Estimation by Request
      10,000 SF

      905-915 Pearl St

      Individual retail properties
      905-915 Pearl St, San Diego, CA 92037
      View Details
    • Value Estimation by Request

      Ln Jolla Sq

      Neighborhood centers
      0 Ln Jolla Sq, San Diego, CA 92037
      View Details
    • Value Estimation by Request

      1020 Prospect St

      Office Spaces
      1020 Prospect St, San Diego, CA 92037
      View Details
    • Value Estimation by Request

      7863 Girard Ave

      Individual retail properties
      7863 Girard Ave, San Diego, CA 92037
      View Details
    • Value Estimation by Request
      16,000 SF

      7470 La Jolla Blvd

      Office Units
      7470 La Jolla Blvd, San Diego, CA 92037
      View Details

    Similar Nearby for Sale

    • $350,000

      La Jolla Turnkey Restaurant Opportunity

      Turnkey restaurant in La Jolla Village with excellent equipment.
      Ln, La Jolla, CA 92037
      View Details
    • Contact for pricing

      La Jolla Development Opportunity

      Prime La Jolla location with development potential and income opportunity.
      7542 Herschel Ave, San Diego, CA 92037
      View Details
    • Contact for pricing
      Pending

      Retail Space in Birdrock

      Street front retail space with parking in the heart of Birdrock.
      5726 La Jolla Blvd, San Diego, CA 92037
      View Details
    • Contact for pricing
      30,984 SF

      La Jolla Bank Building For Sale

      Two-story bank branch with parking structure in La Jolla.
      7680 Girard Ave, La Jolla, CA 92037
      View Details
    • $9,995,000
      3,944 SF

      La Jolla Residential Income Opportunity

      Rare opportunity to transform or maintain multi-unit rental asset.
      1303 Cave St, La Jolla, CA 92037
      View Details
    • Contact for pricing
      1,998 SF

      Remodeled Duplex in La Jolla

      Turnkey duplex near beaches and Village shops in La Jolla.
      7319 Cuvier St, La Jolla, CA 92037
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,033 SF

      La Jolla Drive-Thru Opportunity

      Prime drive-thru restaurant space in The Village of La Jolla.
      2206 Torrey Pines Rd, San Diego, CA 92037
      View Details
    • Contact for pricing

      La Jolla Office Space Available

      Office space available in La Jolla, California.
      1125 Wall St, La Jolla, CA 92037
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail property available for lease in San Diego, CA.
      2206 Torrey Pines Rd, San Diego, CA 92037
      View Details
    • Contact for pricing

      Retail Space in San Diego

      Retail property available for lease in San Diego, California.
      8657 Villa La Jolla Dr, San Diego, CA 92037
      View Details
    • Contact for pricing

      Retail Space Available

      Retail property available for lease in San Diego, CA.
      4120 La Jolla Village Dr, San Diego, CA 92037
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail property available for lease in San Diego, CA.
      1125 Wall St, San Diego, CA 92037
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5550 La Jolla Blvd
    San Diego, CA 92037
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    5550 La Jolla Blvd, San Diego, CA, 92037
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!