Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

500-502 4Th Ave San Diego, CA 92101

FOR SALE
Turn key restaurants
Property ID
US09-6553154
13,000 SF 0.24 ac lot Built 1930
Last sale Feb 2026 · $4,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 13,000 square foot hospitality property, located at 500 Fourth Avenue in San Diego's vibrant Gaslamp Quarter, presents a unique owner-user opportunity. The building, previously operating as a nightclub and restaurant, boasts two units and sits on an 11,000 square foot lot. Renovated in 2010, the property is ideally situated in a prime corner location within this renowned entertainment district. Its versatile layout makes it suitable for a variety of hospitality or retail…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$109k
Tax billed · 2024
Assessed value$7.69M
Assessed land$5.31M
Assessed improvement$2.39M
Effective rate1.42%

Value estimate

· Oct 2026
$2.58M
$2.32M – $2.84M
NOI build-up
Gross scheduled income$422k
Vacancy & credit loss−$17k
Operating expenses−$101k
NOI · 6.76% cap applied$304k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$885/SF
Submarket average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$309 – $1,436

Cap rate analysis

How does the asset earn?
6.76%
$304k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
INDUSTRIAL (M ZONE)
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Daycare Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Daycare Center11.3
Laundromat10.8
Shoe Repair9.0

Location

500-502 4Th Ave San Diego, CA 92101
County assessor Recorded deeds · 14 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7th, San Diego, CA 92101 $7,050,000 Mar 2026 12,400 SF
904 5th, San Diego, CA 92101-6102 $1,000,000 Feb 2026 17,646 SF
665 5th, San Diego, CA 92101-6915 $12,500,000 Dec 2025 10,000 SF
531 Broadway, San Diego, CA 92101-5217 $1,648,000 May 2025 7,775 SF
1130 7th, San Diego, CA 92101-5310 $3,200,000 May 2025 15,000 SF
2137 5th, San Diego, CA 92101-2101 $5,400,000 Dec 2024 14,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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
Why this one?
Saved
Reason not saved — we won't ask again