Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9888 Carroll Centre Rd San Diego, CA 92126

    • Office Properties & Spaces
    • 1,679 SF
    For Sale
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Scripps Mesa Endodontics, Lam Chittaphong D.D.S. / Dental Office
    • Meijun / Tech Support Center / IT Consulting Firm
    • Dr. Tracy Wutzke / Physician / Medical Clinic
    • Bagula, Riviere, Coates And Associates, LLP / Law Firm
    • ShagLonger / Physician

    Property Details for 9888 Carroll Centre Rd

    Property size
    1,679 SF
    Property type
    Office Properties & Spaces
    Property subtype
    Medical offices

    Description

    This 1,679 square foot office condominium in San Diego's Miramar area offers a flexible layout divisible into two suites, each with window-lined offices and natural light. One reserved parking space is included, along with a new private security system providing 24-hour access. The suite can be connected to water, and common area restrooms are conveniently located on both floors. Elevator access is available. The property is zoned IL-2-1 (City of San Diego), permitting professional and medical uses. Currently divided for two tenants, offering a potential income stream for the buyer. The HOA fee is $711 per month. The building boasts a beautiful atrium with a campus-like setting and courtyard, and was renovated in 2015 (originally built in 1985). Monument signage is available. The location provides easy freeway access to I-15 via Carroll Canyon and Miramar Road, ample parking (4 spaces per 1,000 SF, totaling 185 spaces), and proximity to numerous restaurants on Mira Mesa Boulevard. The property's address is 9888 Carroll Centre Rd, San Diego, CA 92126, APN 314-330-28-31.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.119
    Latitude
    32.8998

    Comparable in this City

    • Value Estimation by Request
      34,427 SF

      9750 Miramar Rd

      Medical offices • 34,427 SF
      9750 Miramar Rd, San Diego, CA 92126
      View Details
    • Value Estimation by Request
      34,427 SF

      9750 Miramar Rd

      Medical offices • 34,427 SF
      9750 Miramar Rd, San Diego, CA 92126
      View Details
    • Value Estimation by Request
      34,427 SF

      9750 Miramar Rd

      Medical offices • 34,427 SF
      9750 Miramar Rd, San Diego, CA 92126
      View Details
    • Value Estimation by Request
      1.08 Acres

      8710 Miramar Rd

      MEDICAL BUILDING • 1.08 Acres
      8710 Miramar Rd, San Diego, CA 92126-4327
      View Details
    • Value Estimation
      $4,845,000
      27,648 SF

      8901 Activity Rd

      MEDICAL BUILDING • 27,648 SF
      8901 Activity Rd, San Diego, CA 92126-4432
      View Details
    • Value Estimation
      $9,555,000
      35,557 SF

      8933 Activity Rd

      MEDICAL BUILDING • 35,557 SF
      8933 Activity Rd, San Diego, CA 92126-4427
      View Details

    Similar Nearby for Sale

    • $650,000
      34,427 SF

      San Diego Medical Office Condo

      Prime San Diego medical office, owner-user opportunity.
      9750 Miramar Rd, San Diego, CA 92126
      View Details
    • Contact for pricing
      34,427 SF

      Scripps Miramar Medical Office Condos

      San Diego medical office condos for sale.
      9750 Miramar Rd, San Diego, CA 92126
      View Details
    • Contact for pricing
      1,679 SF

      Miramar Office Condo for Sale

      1,679 SF, Medical/Office Use
      9888 Carroll Centre Rd, San Diego, CA 92126
      View Details
    • $1,395,000
      34,427 SF

      Scripps Miramar Medical Office Condo

      San Diego medical office condo, owner-user opportunity.
      9750 Miramar Rd, San Diego, CA 92126
      View Details
    • Contact for pricing
      36,731 SF

      Medical/Office Building For Sale

      Mixed-use building suitable for owner-user or multiple tenants.
      8933 Activity Rd, San Diego, CA 92126
      View Details
    • Contact for pricing
      12,800 SF

      Multi-Tenant Office Building For Sale

      Multi-tenant office building with high visibility and redevelopment potential.
      9494 Miramar Rd, San Diego, CA 92126
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,255 SF

      San Diego Medical Office Suites

      Prime San Diego medical office space available.
      8901 Activity Rd, San Diego, CA 92126
      View Details
    • $29 SF/Yr
      10,322 SF

      Camino Ruiz Plaza: Prime San Diego Space

      Executive Suites, Restaurant Potential, San Diego
      11211-11225 Camino Ruiz, San Diego, CA 92126
      View Details
    • $19 SF/Yr
      47,202 SF

      Trade Place Commerce Center: San Diego

      San Diego Office/Industrial Space Available
      9220 Dunbrook Rd, San Diego, CA 92126
      View Details
    • $22 SF/Yr
      161,168 SF

      Activity Business Center: San Diego Offices

      Prime San Diego Flex & Office Space Available
      9235-9265 Padgett St, San Diego, CA 92126
      View Details
    • $1.99 SF/Yr
      96,000 SF

      Black Mountain Commerce Park Spaces

      Miramar, San Diego: Flexible Office/Industrial Space
      9360-9420 Activity Rd/9580-9630 Black Mtn Rd, San Diego, CA 92126
      View Details
    • $18 SF/Yr
      203,547 SF

      Miramar Metroplex Office Suites

      San Diego Executive Office Space Available
      7340 Miramar Rd, San Diego, CA 92126
      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.
    9888 Carroll Centre Rd
    San Diego, CA 92126
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!