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Financial
Distress signals
Property profile

16870 Bernardo Dr San Diego, CA 92127

OFF-MARKET
Retail space
Property ID
US09-7358848
71,699 SF 3.38 ac lot Built 2002
Last sale Oct 2018 · $21,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a proposed four-story Class A office building designed to provide 68,708 square feet of rentable space. It is configured for a key corner location with immediate access to Interstate 15 and nearby mass transit. Parking is planned at a 4:1 space-to-area ratio. The building includes a prominent lobby and main building entrance, and the surrounding area includes hotels, restaurants, and retail services. Corporate neighbors in the vicinity include Sony, BAE, Hewlett Packard, Northrop Grumman, General Atomics, Cymer, NCR, and Chase Mortgage.

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?
$265k
Tax billed · 2024
Assessed value$23.35M
Assessed land$8.04M
Assessed improvement$15.31M
Effective rate1.14%

Value estimate

· Oct 2026
$26.57M
$23.91M – $29.22M
CAP approach$26.63M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$481/SF
Submarket average, outlier-cleaned · 855 recorded sales of this use type
Observed band · Q1–Q3$245 – $769
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

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

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply30.5
Wholesale Shop29.0
Auto Repair Shop23.5

Location

16870 Bernardo Dr San Diego, CA 92127-1677
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11545 Bernardo, San Diego, CA 92127-1629 $8,800,000 Feb 2025 48,047 SF
16855 Bernardo, San Diego, CA 92127-1625 $37,500,000 Sep 2019 90,958 SF
16835 Bernardo, San Diego, CA 92127-1611 $37,500,000 Sep 2019 26,119 SF
16885 Bernardo, San Diego, CA 92127-1618 $12,695,000 Apr 2019 51,739 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
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