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Property profile & analytics
OFF-MARKET Estimated value $7,490,000
Medical Office Space

1011 Devonshire Dr Encinitas, CA 92024-5136

9,668 SF 0.6 ac lot Built 1982
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US09-6958629
Property summary
AI-generated overview

This exceptional 1,140 square foot medical office suite is located in the desirable city of Encinitas, California, within the larger 10,007 square foot building at 1011 Devonshire Drive, Suite G. The property boasts a convenient single-tenant occupancy, ideal for a practice seeking a dedicated and private space. Situated in San Diego County, this two-story building offers a professional and easily accessible location for patients and staff alike. The suite itself is currently vacant and ready for immediate occupancy, providing a blank canvas for your practice's unique needs. The address is 1011 Devonshire Drive, Suite G, Encinitas, CA 92024. This presents a rare opportunity to establish or relocate your medical practice in a thriving community with excellent access and visibility. The property type is classified as an office building with a medical office subtype. The building's total square footage is 10,007 square feet, with the available suite comprising 1,140 square feet. This presents a fantastic opportunity for a medical professional seeking a well-located, readily available space in a highly sought-after area. The property is available for lease.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1982
Total area 9,668 SF
Lot 0.6 ac (26,136 SF)
Zoning code COMMERCIAL
APN 258-242-01-00
UPID US09-6958629
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Acupuncture By Sher Alternative Medicine Practice Acupuncture
  • Dr. Kathleen A. Erwin, MD Physician
  • Christina Thompson, DMD Dental Office
  • Ruminson Randall S DDS Dental Office
  • Sheryl Nelson, D.D.S Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.10M
Blend (final) Blend
$7.49M
Owner & transaction history
1011 Devonshire Property LLC · 3 yrs held
1011 Devonshire Property LLC
since 2023
Last sale
$6.7M
7 recorded transactions
2023
$6.7M
2021
Price N/A
2020
Price N/A
2019
Price N/A
2019
Price N/A
2014
Price N/A
2013
Price N/A
Zoning & alternative use
COMMERCIAL · Encinitas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $8.7M +89.9%
Retail stores $7.8M +70.3%
Restaurant $6.3M +38.2%
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