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Property profile & analytics
OFF-MARKET Estimated value $19,860,000
Medical Office Space

2130 Citracado Pkwy Escondido, CA 92029-4149

80,064 SF 1.53 ac lot Built 2020
Individually Owned 4-yr Hold Free & Clear
Property ID
US09-8226781
Property summary
AI-generated overview

This exceptional 105,300 square foot medical office building in Escondido, California, presents a unique opportunity for healthcare providers. Located at 2130 Citracado Parkway, 92029, in San Diego County, this single-suite property offers flexible space options, ranging from a minimum of 1,500 square feet to a maximum contiguous space of 26,500 square feet. The entire building is currently vacant, providing a blank canvas for a large-scale medical practice or a collection of smaller practices. The building features convenient elevator access, catering to the needs of patients and staff. This prime location in Escondido offers excellent visibility and accessibility, making it an ideal setting for a thriving medical practice. The property is categorized as a medical office building with multiple tenancy potential. Serious inquiries are encouraged to explore the possibilities of establishing a successful medical presence in this exceptional facility. The property is situated in a vibrant area of Escondido, offering easy access to major transportation routes and a wide range of amenities. This is a rare opportunity to secure a substantial and well-appointed medical office space in a desirable location.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2020
Total area 80,064 SF
Lot 1.53 ac (66,646 SF)
Zoning code COMMERCIAL
APN 232-590-03-00
UPID US09-8226781
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
  • Mikhail Malek, MD - Palomar Health Medical Group (Formerly Arch Health Medical Group) Physician
  • Thomas Knutson, MD - Palomar Health Medical Group (Formerly Arch Health Medical Group) Physician
  • Ariel Palanca Physician
  • Christopher Vanichsarn, MD | PHMG Physician
  • Alexander Chang Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$21.91M
Comparable Approach Comparable
$20.65M
Blend (final) Blend
$19.86M
Owner & transaction history
Rincon Del Diablo Municipal Water D · 4 yrs held
Rincon Del Diablo Municipal Water D
since 2022
5 recorded transactions
2022
Price N/A
2021
$53.6M
2019
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
COMMERCIAL · Escondido, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Planning | Escondido, CA
Top alternative use upside
Auto repair, garage $30.6M +25.3%
Office building $28.9M +18.4%
Warehouse, storage $24.7M +1.4%
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