Sign Up Successful!
You now have access to more from Realmo!
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

    10547 Viper Way San Diego, CA 92121-4117

    • Warehouses
    • 29,876 SF
    • 1.85 lot acres
    OFF-MARKET
    Last Sale
    Oct 03, 2024
    Value Estimations
    $1,265,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8674263
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 10547 Viper Way

    Year built
    1997
    Lot size
    1.85 lot acres
    Property size
    29,876 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Warehouses
    APN
    311-450-03-00
    APU
    3114500300

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,265,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.174
    Latitude
    32.9078
    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
    $95,194
    $5,039,348
    $2,680,504
    $7,719,852
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      172,743 SF

      8320-8445 Camino Santa Fe

      Distribution properties • 172,743 SF
      8320-8445 Camino Santa Fe, San Diego, CA 92121
      View Details
    • Value Estimation by Request
      76,228 SF

      5754 Pacific Center Blvd

      Distribution properties • 76,228 SF
      5754 Pacific Center Blvd, San Diego, CA 92121
      View Details
    • Value Estimation
      $520,000
      4.22 Acres

      7670 Trade St

      WAREHOUSE, STORAGE • 4.22 Acres
      7670 Trade St, San Diego, CA 92121-2437
      View Details
    • Value Estimation
      $1,005,000
      24,750 SF

      8655 Production Ave

      WAREHOUSE, STORAGE • 24,750 SF
      8655 Production Ave, San Diego, CA 92121-2258
      View Details
    • Value Estimation
      $820,000
      17,775 SF

      8425 Production Ave

      WAREHOUSE, STORAGE • 17,775 SF
      8425 Production Ave, San Diego, CA 92121-2202
      View Details
    • Value Estimation
      $1,290,000
      92,572 SF

      10345 Sorrento Vly Rd

      WAREHOUSE, STORAGE • 92,572 SF
      10345 Sorrento Vly Rd, San Diego, CA 92121-1606
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      18,756 SF

      Industrial Warehouse with Dock Doors

      18,756 SF industrial warehouse featuring dock and grade doors.
      6130 Nancy Ridge Dr, San Diego, CA 92121
      View Details
    • $2,990,000
      7,200 SF

      High-Finish Industrial Opportunity

      7,200 SF industrial property for sale in San Diego.
      8390 Juniper Creek Ln, San Diego, CA 92121
      View Details
    • Contact for pricing
      44,000 SF

      San Diego Warehouse on Large Lot

      44,000 SF warehouse with large fenced yard for sale.
      7565-7595 Carroll Rd, San Diego, CA 92121
      View Details
    • $1,999,000

      Miramar Industrial Condo For Sale

      4882 SF industrial condo in Miramar, owner/user opportunity.
      7360 Trade St, San Diego, CA 92121
      View Details
    • $4,300,000
      9,000 SF

      San Diego Warehouse For Sale

      9,000 SF warehouse/industrial property in San Diego, California.
      8575 Miramar Pl, San Diego, CA 92121
      View Details
    • $2,250,000

      Free Standing Miramar Warehouse Building

      Industrial/warehouse building in Miramar area, suitable for owner/user.
      8615 Commerce Ave, San Diego, CA 92121
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      15,303 SF

      San Diego Industrial Warehouse For Lease

      15,303 SF Warehouse, R&D Space Available
      6749 Top Gun St, San Diego, CA 92121
      View Details
    • $1.55 SF/Yr
      44,210 SF

      Industrial Warehouse with Cold Storage

      44,210 SF warehouse with cold storage available for lease.
      7825 Trade St, San Diego, CA 92121
      View Details
    • $1.45 SF/Yr
      7,280 SF

      Industrial Warehouse Space For Rent

      Industrial warehouse space available for lease in San Diego.
      5340-5360 Eastgate Mall, San Diego, CA 92121
      View Details
    • $21 SF/Yr
      2,940 SF

      Industrial Park Space Available

      Multi-tenant industrial park with on-site deli and parking.
      9020 Kenamar Dr, San Diego, CA 92121
      View Details
    • Contact for pricing
      11,500 SF

      Miramar Road Showroom/Industrial Space

      High-end showroom/industrial space with office, yard, and freeway access.
      6080 Miramar Rd, San Diego, CA 92121
      View Details
    • $27 SF/Yr
      800 SF

      San Diego Flex Space Available

      Office, warehouse, and lab space in central San Diego.
      10459 Roselle St, San Diego, CA 92121
      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.
    10547 Viper Way
    San Diego, CA 92121-4117
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.