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Property profile & analytics
FOR LEASE
Retail space
12481 High Bluff Dr San Diego, CA 92130
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8923541
For Lease
1 / 9
$16,010,000
12481 High Bluff Dr, San Diego, CA 92130
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Property summary
AI-generated overview
High Bluff Ridge offers 164,943 square feet of Class A executive office space for lease in San Diego, CA. This prestigious property consists of two buildings located at 12481 + 12531 High Bluff Dr, 92130, within San Diego County. A total of eight suites are available, with flexible space options ranging from a minimum of 4,349 square feet to a maximum contiguous space of 24,407 square feet. Currently, there are 84,780 square feet of vacant space ready for immediate occupancy. The property provides ample parking with a ratio of 4.4 spaces per 1,000 square feet. Ideal for businesses seeking a high-quality, versatile workspace in a prime San Diego location, this multi-tenant property offers the opportunity to customize your space to meet your specific needs. The property is categorized as an Executive Office building, ensuring a professional and sophisticated environment. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business at High Bluff Ridge.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Total area
69,374 SF
Lot
3.86 ac (168,141 SF)
Zoning code
COMMERCIAL
APN
304-101-06-00
UPID
US09-8923541
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
-
Bernstein Litowitz Berger Law Firm
-
Charles Schwab Financial Advisor
-
Square 1 Bank Bank Credit Union
-
Kane Corp Hardware & Home Improvement Home Appliance Store
-
AMN RPO Division Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.01M
Owner & transaction history
Prii High Bluffs LLC · 9 yrs held
Prii High Bluffs LLC
since 2017
2 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$231 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$336,240
Tax year 2024
Assessed value
$30,615,086
Assessed 2024
Previous assessed
$30,615,086
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$8,469,064
Assessed improvement
$22,146,022
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2005
Heating
NONE
Units
1
Total area
69,374 SF
Lot
3.86 ac (168,141 SF)
Zoning code
COMMERCIAL
APN
304-101-06-00
UPID
US09-8923541
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Units
1
Lot
3.86 ac
Current owner
From public records · entity-resolved
Prii High Bluffs LLC
Entity
Mailing address
101 CALIFORNIA ST FL, SAN FRANCISCO, CA 94111-5802
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2017
—
Prii High Bluffs LLC
—
Grant Deed
related
$55,000,000 · Wells Fargo Bk
—
—
Prentiss/collins Del Mar Heigh
—
Deed Of Trust
related
$6,645,286 · Prentiss Properties Acquistion
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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