7696 Formula PlSan Diego, CA 92121

  • Industrial properties
  • 15,805 SF
For Sale

Property Details for 7696 Formula Pl

Year built
1980
Lot size
0.79 AC
Property size (Sq ft)
15,805 SF
Zone code
INDUSTRIAL (M ZONE)
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
343-210-23-00
APU
3432102300

Description

This exceptional 15,825-square-foot industrial property, located at 7696 Formula Place in San Diego's Miramar submarket (zip code 92121), presents a compelling opportunity. The single-story building offers a flexible layout ideal for a variety of uses, combining warehouse and flex space. The warehouse area comprises approximately 85% of the total square footage, featuring a grade-level loading door and efficient floor drains. The remaining 15% is dedicated to office space. The high ceilings, measuring 15 feet clear, provide ample vertical space for storage or equipment. The property's convenient location within the Miramar submarket offers easy access to major transportation routes and other key amenities. Two restrooms are included within the building. This property is perfect for businesses seeking a functional and well-situated industrial space in a thriving San Diego neighborhood. The property is classified as a single-tenant building. The property type is industrial, with a subtype of flex and warehouse.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,792,091
    Hospitality
    $3,473,535
    Educational
    $2,889,940
    Medical
    $2,989,330
    Retail
    $4,495,463
7696 Formula Pl, San Diego, California
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Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.8882
Longitude
-117.156
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$35,909
$942,935
$1,977,444
$2,920,379
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