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

    11818 Stoney Peak Dr, Unit 1199 San Diego, CA 92128-6499

    • Apartment buildings
    • 9,999 SF
    • 9.92 lot acres
    OFF-MARKET
    Value Estimations
    $2,270,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8847552
    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

    • Apartment buildings

    Property Details for 11818 Stoney Peak Dr

    Year built
    1999
    Lot size
    9.92 lot acres
    Property size
    9,999 SF
    Zone code
    R-3:RESTRICTED MULTIPLE
    Property type
    Apartment buildings
    APN
    313-690-50-00
    APU
    3136905000

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,755,000
      6.5%
      $2,545,000
      7%
      $2,360,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $3,330,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.075
    Latitude
    32.9787
    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
    $531,615
    $12,603,333
    $36,704,315
    $49,307,648
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,280,000
      9,999 SF

      15605 Avenida Alcachofa, Unit 69

      APARTMENT HOUSE (5+ UNITS) • 9,999 SF
      15605 Avenida Alcachofa, San Diego, CA 92128-4431
      View Details
    • Value Estimation by Request
      6.09 Acres

      18605 Caminito Cantilena, Unit 1879

      APARTMENT HOUSE (5+ UNITS) • 6.09 Acres
      18605 Caminito Cantilena, San Diego, CA 92128-1000
      View Details
    • Value Estimation by Request
      3.72 Acres

      15500 Alcachofa Avda

      APARTMENT HOUSE (5+ UNITS) • 3.72 Acres
      15500 Alcachofa Avda, San Diego, CA 92128
      View Details
    • Value Estimation
      $2,290,000
      9,999 SF

      11505 Windcrest Ln

      APARTMENT HOUSE (5+ UNITS) • 9,999 SF
      11505 Windcrest Ln, San Diego, CA 92128-4231
      View Details
    • Value Estimation
      $2,290,000
      9,999 SF

      15909 Avenida Venusto

      APARTMENT HOUSE (5+ UNITS) • 9,999 SF
      15909 Avenida Venusto, San Diego, CA 92128-3358
      View Details
    • Value Estimation
      $2,245,000
      9,999 SF

      12389 Creekview Dr

      APARTMENT HOUSE (5+ UNITS) • 9,999 SF
      12389 Creekview Dr, San Diego, CA 92128-6643
      View Details

    Similar Nearby for Sale

    • $599,900
      948 SF

      Updated Condo in Poway School

      Updated 2-bedroom condo with modern amenities and convenient location.
      10722 Sabre Hill Dr, San Diego, CA 92128
      View Details
    • $799,900
      1,322 SF

      Carmel Mountain Ranch Condo with Views

      Two-bedroom condo with loft and mountain views in gated community.
      11133 Provencal Pl, San Diego, CA 92128
      View Details
    • $1,995,000
      4,198 SF

      Industrial Warehouse Space For Sale

      Industrial warehouse space featuring one grade level loading door.
      12335 World Trade Dr, San Diego, CA 92128
      View Details
    • $674,000

      San Diego 55+ Community Home

      Well-maintained home in a sought-after 55+ San Diego community.
      12491 Rios Rd, San Diego, CA 92128
      View Details
    • Contact for pricing
      427,405 SF

      Elite San Diego Office Campus

      Trophy office campus in San Diego's innovation ecosystem.
      13500 Evening Creek Dr N, San Diego, CA 92128
      View Details
    • Contact for pricing
      71,971 SF

      RB Medical Plaza: San Diego

      Prime Medical Office, High Demand
      11770 Bernardo Plaza Ct, San Diego, CA 92128
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      123,514 SF

      Rancho Bernardo Retail Center

      Grocery-anchored center, 1 space available
      11922 Bernardo Plaza Dr, San Diego, CA 92128
      View Details
    • $17,950,000
      4,889 SF

      Office Building in I-15 Corridor

      51,027 SF single-story office building near retail amenities.
      12220 World Trade Dr, San Diego, CA 92128
      View Details
    • Contact for pricing
      25,600 SF

      San Diego Office Space Available

      Office space available with multiple rooms in San Diego.
      15445 Innovation Dr, San Diego, CA 92128
      View Details
    • $2 SF/Yr
      1,516 SF

      Rancho Bernardo Office/Medical Space

      Office and medical spaces in Town Center Rancho Bernardo.
      16440-16516 Bernardo Center Dr, San Diego, CA 92128
      View Details
    • $1.50 SF/Yr
      17,466 SF

      San Diego Flex Space Available

      Flex space available for rent in San Diego, CA.
      15070 Avenue Of Science, San Diego, CA 92128
      View Details
    • Contact for pricing
      97,000 SF

      San Diego Warehouse Space Available

      97,000 sqft warehouse space for rent in San Diego.
      12270 World Trade Dr, San Diego, CA 92128
      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.
    11818 Stoney Peak Dr, Unit 1199
    San Diego, CA 92128-6499
    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.