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

    1955 Citracado Pkwy Escondido, CA 92029-4110

    • Medical offices
    • 44,393 SF
    • 3.19 lot acres
    OFF-MARKET
    Last Sale
    Nov 03, 2021
    $26,000,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8399294
    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

    • Arch Health Medical Group Orthopedics / Medical Clinic
    • Dr. Ednan Ahmed / Eye Care Center / Doctor
    • San Diego Imaging / Medical Diagnostic Imaging Center
    • LabCorp / Medical Laboratory / Blood Testing Service
    • Dennis Leahy, M.D. / Cardiologist / Internist

    Property Details for 1955 Citracado Pkwy

    Year built
    2011
    Lot size
    3.19 lot acres
    Property size
    44,393 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    232-592-11-00
    APU
    2325921100

    Description

    This exceptional Class A medical office suite, totaling 2,803 square feet, is available for lease within a larger, three-story medical building (44,261 square feet total) in Escondido, California. Built in 2011, the property boasts five exam rooms, a private bath, doctor's offices, reception area, and administrative space. The suite is ideally situated within the vibrant Madison Medical Center, offering convenient proximity to Palomar Medical Center, a state-of-the-art 288-bed hospital. This location provides ample synergy with other medical providers within the extensive medical campus. The building features on-site imaging and lab facilities, and benefits from abundant free parking, easily accessible from Interstates 5 and 78. The property is professionally managed and offers flexible lease terms, accommodating both short-term and long-term needs. This cost-effective opportunity is perfect for establishing a new medical practice or expanding an existing one. The building sits on a 3.91-acre lot in San Diego County, zip code 92029, at 1955 Citracado Parkway. Daily rates for exam rooms are available.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Escondido
    County
    San Diego
    State
    California
    Longitude
    -117.121
    Latitude
    33.1132
    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
    $308,514
    $7,282,800
    $19,767,600
    $27,050,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,670,000
      10,080 SF

      2280 Micro Pl

      MEDICAL BUILDING • 10,080 SF
      2280 Micro Pl, Escondido, CA 92029-1011
      View Details
    • Value Estimation by Request
      13,980 SF

      1951 Citracado Pkwy

      MEDICAL BUILDING • 13,980 SF
      1951 Citracado Pkwy, Escondido, CA 92029-4158
      View Details
    • Value Estimation by Request
      71,656 SF

      2127 Citracado Pkwy

      MEDICAL BUILDING • 71,656 SF
      2127 Citracado Pkwy, Escondido, CA 92029
      View Details
    • Value Estimation
      $1,475,000
      80,064 SF

      2130 Citracado Pkwy

      MEDICAL BUILDING • 80,064 SF
      2130 Citracado Pkwy, Escondido, CA 92029-4149
      View Details
    • Value Estimation
      $785,000
      75,138 SF

      2125 Citracado Pkwy

      MEDICAL BUILDING • 75,138 SF
      2125 Citracado Pkwy, Escondido, CA 92029-4159
      View Details
    • Value Estimation
      $565,000
      36,201 SF

      1817 Avenida Del Diablo

      HOMES (RETIRED, NURSING) • 36,201 SF
      1817 Avenida Del Diablo, Escondido, CA 92029-3112
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Escondido Office Space For Lease

      Spacious, updated Escondido office space with five private offices.
      301 Enterprise St, Escondido, CA 92029
      View Details
    • $600,000
      14 SF

      Industrial Land For Sale

      Industrial land available for sale, zoned Light Industrial M-1.
      2458 Auto Park Way, Escondido, CA 92029
      View Details
    • $9,995,000
      81 SF

      6.98 Acres Vacant Land Parcels

      6.98 acres of vacant land, preliminary review February 2025.
      2200 Felicita Rd, Escondido, CA 92029
      View Details
    • Contact for pricing

      Escondido Land with Panoramic Views

      26.5 acres in Harmony Grove area, suitable for development.
      21435 Bresa De Loma Dr, Escondido, CA 92029
      View Details
    • Contact for pricing
      20,808 SF

      Escondido Industrial Property Near CA-78

      Industrial property with close proximity to CA-78 in Escondido.
      530 Opper St, Escondido, CA 92029
      View Details
    • $799,000

      Established Security Company for Sale

      Profitable, Recurring Revenue, High Growth Potential
      911 Andreasen Dr, Escondido, CA 92029
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,661 SF

      Escondido Office Space Available

      Class A office space with renovated common areas and amenities.
      1955 Citracado Pkwy, Escondido, CA 92029
      View Details
    • $15 SF/Yr
      36,036 SF

      Centerpark Plaza: Escondido Offices

      Prime Escondido office & warehouse space available.
      1201-1291 Simpson Way, Escondido, CA 92029
      View Details
    • $1.40 SF/Yr
      3,986 SF

      Escondido Industrial Suite Available

      3,986 SF industrial suite available August 1, 2024.
      450 State Pl, Escondido, CA 92029
      View Details
    • $1.35 SF/Yr
      17 SF

      Industrial Suites Available for Lease

      Industrial suites for lease featuring truck door and drive access.
      1145 Industrial Ave, Escondido, CA 92029
      View Details
    • $1.35 SF/Yr
      20 SF

      Escondido Industrial Flex Space

      Approximately 11,808 SF industrial space with secured parking.
      530 Opper St, Escondido, CA 92029
      View Details
    • $1.65 SF/Yr
      2,512 SF

      Escondido Warehouse Space Available

      Office, restroom, and warehouse space for lease in Escondido.
      1330 Industrial Ave, Escondido, CA 92029
      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.
    1955 Citracado Pkwy
    Escondido, CA 92029-4110
    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.