Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    2275 Rio Bonito Way San Diego, CA 92108-1685
    Back to Search
    Property profile & analytics

    2275 Rio Bonito Way, San Diego, CA 92108-1685

    View on Map
    • Retail space
    • 4.48 lot acres
    Off-Market
    Property ID
    US09-7187705
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Robert Geiler at Guaranteed Rate - NMLS #238957 / Loan Service / Bank
    • Rio San Diego Plaza II / Business Service Center / Corporate Office
    • Ticor Title Company / Bank / Loan Service
    • Megan Acuna - Real Estate Agent / Real Estate Agency
    • PRA San Diego / Event Planning / Wedding Service

    Property Details for 2275 Rio Bonito Way

    Lot size
    4.48 lot acres
    Zone code
    C
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    438-051-15-00
    APU
    4380511500

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 31, 2005 $4,312,491 Sdco Rio San Diego Plz II INC Currie Office Building LLC Grant Deed —
    Aug 31, 2005 $8,625,000 Sdco Rio San Diego Plz II INC Rio San Diego Plz II Master Ll Grant Deed —
    Jul 27, 2005 — Currie Office Building LLC Rio San Diego Plz II Master Ll Grant Deed —
    Feb 25, 2004 — San Diego Plaza Rio II Scripps Mission Valley Office Grant Deed $12.6M · First National Bank
    Dec 15, 1999 $8,525,000 Scripps Mission Valley Office Calmat Properties Co Grant Deed $35.3M · Guaranty Federal Bank Fsb

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.136
    Latitude
    32.7774
    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
    2023
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $15,045,000
      55,776 SF

      3375 Camino Del Rio S

      STORE, RETAIL OUTLET
      3375 Camino Del Rio S, San Diego, CA 92108-3807
      View Details
    • Value Estimation
      $910,000
      6.04 Acres

      7470 Msn Vly Rd

      RETAIL STORES (PERSONAL SERVICES)
      7470 Msn Vly Rd, San Diego, CA 92108-4406
      View Details
    • Value Estimation
      $19,990,000
      74,699 SF

      7565 Msn Vly Rd, Unit 75

      RETAIL STORES (PERSONAL SERVICES)
      7565 Msn Vly Rd, San Diego, CA 92108-4431
      View Details
    • Value Estimation
      $7,820,000
      30,000 SF

      5644 Msn Ctr Rd

      RETAIL STORES (PERSONAL SERVICES)
      5644 Msn Ctr Rd, San Diego, CA 92108-4328
      View Details
    • Value Estimation
      $8,405,000
      28,242 SF

      2440 Hotel N Cir

      RETAIL STORES (PERSONAL SERVICES)
      2440 Hotel N Cir, San Diego, CA 92108-2823
      View Details
    • Value Estimation
      $5,650,000
      32,953 SF

      4420 Hotel Cir Ct

      RETAIL STORES (PERSONAL SERVICES)
      4420 Hotel Cir Ct, San Diego, CA 92108-3411
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      13,037 SF

      Prime Development Site Near SDSU

      51,389 SF site near SDSU with development potential.
      10505 San Diego Mission Rd, San Diego, CA 92108
      View Details
    • Contact for pricing

      San Diego Land For Sale

      Land available in San Diego, California.
      10505 San Diego Mission Rd, San Diego, CA 92108
      View Details
    • Contact for pricing
      2,040 SF

      San Diego Live-Work Opportunity

      Live-work space in evolving Mission Valley community.
      2333 Camino Del Rio S, San Diego, CA 92108
      View Details
    • Contact for pricing
      1,500 SF

      Mission Valley Office Condo For Sale

      1,500 SF office condo available in Mission Valley.
      2333 Camino Del Rio S, San Diego, CA 92108
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail and Office Storefront Opportunity

      Storefront space with strong roadway access and visibility in the Mission Valley area of San Diego.
      10471 San Diego Mission Rd, San Diego, CA 92108
      View Details
    • Contact for pricing
      4,467 SF

      Retail Space on Fenton Parkway

      Retail space available for rent in San Diego, CA.
      2169 Fenton Pkwy, San Diego, CA 92108
      View Details
    • Contact for pricing
      10,500 SF

      Mission Valley Retail Space Available

      Retail space in regional shopping destination, Mission Valley, San Diego.
      1530 Mission Center Rd, San Diego, CA 92108
      View Details
    • Contact for pricing
      3,131 SF

      Civita Boulevard Retail Space

      Retail space available on Civita Boulevard, San Diego.
      7901 Civita Blvd, San Diego, CA 92108
      View Details
    • Contact for pricing
      1,576 SF

      Retail Space in Mission Valley

      Highly visible retail space in the heart of Mission Valley.
      7710 Hazard Center Dr, San Diego, CA 92108
      View Details
    • Contact for pricing
      2,178 SF

      Retail Space Available For Rent

      Retail space available for rent in San Diego, CA.
      4242 Camino Del Rio N, San Diego, CA 92108
      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.
    2275 Rio Bonito Way
    San Diego, CA 92108-1685
    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

    Thank You for Inquiry
    2275 Rio Bonito Way, San Diego, CA, 92108
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!