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2424 Vista Way, Oceanside, CA 92054
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Property summary
AI-generated overview
First Bankers Plaza, located at 2424 Vista Way in Oceanside, California, 92054, offers exceptional medical office space for lease. This single-suite building in San Diego County totals 4,738 square feet and currently has 3,793 square feet available for lease. The space is divisible, with a minimum leasable area of 1,611 square feet and a maximum contiguous space of 2,182 square feet. The property is ideally suited for medical practices seeking a well-located and readily available space. Its classification as a medical office building suggests it may already have features beneficial to medical tenants, though specific amenities are not detailed here. The building's location in Oceanside provides easy access to major transportation routes and a thriving community. Interested parties are encouraged to inquire about lease terms and conditions. The property is situated at 33.1837548 latitude and -117.335475 longitude. This presents a unique opportunity to establish or expand a medical practice in a desirable location within San Diego County. The building's address is clearly identified as 2424 Vista Way.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Total area
29,942 SF
Lot
1.47 ac (64,033 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
165-240-46-00
UPID
US09-9120483
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Physician Medical Clinic
-
Physician Medical Clinic
-
Physician
-
Physician Medical Clinic
-
Psychotherapist
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.04M
CAP Approach
CAP
$7.05M
Comparable Approach
Comparable
$7.25M
Blend (final)
Blend
$5.93M
Owner & transaction history
since 2023
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
RESTRICTED COMMERCIAL · Oceanside, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.93M
Value range
$5.33M – $6.52M
±10% around blend
Estimated value / SF
$198 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$5.33M
blend $5.93M
$6.52M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
29,942 SF
Lot area
1.47 ac
Year built
1987
APN
165-240-46-00
Zoning
RESTRICTED COMMERCIAL
Assessed value
$5,814,000
Annual tax
$66,016
3
Income approach: direct capitalization
Partial preview
Income approach indication
$7.05M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$7.63M
@ 6.5% CAP return
$7.05M
@ 7% CAP return
$6.54M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$66,016
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$6.42M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
23.0 mi away · 33,155 SF
23.5 mi away · 27,582 SF
23.6 mi away · 26,416 SF
24.1 mi away · 29,929 SF
24.4 mi away · 32,103 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.93M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 59 sales
$315
-37%
Submarket 95 sales
$604
-67%
County 2035 sales
$420
-53%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $198/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
7.70%
Selected cap rate for this retail space
Derived from the Oceanside market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.70%
9.0%
NOI (est.)
$82k *
Last sale · May 2023
$5.70M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.06M
Move the market yield to see immediate price impact.
Value / SF
$35
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.20%7.70%8.20%
$74k
$1.02M
$955k
$897k
$82k
$1.13M
$1.06M
$996k
$90k
$1.25M
$1.17M
$1.10M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$4.40M
8.2 mi · Mar 2026 · $134/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$66,016
Tax year 2024
Assessed value
$5,814,000
Assessed 2024
Previous assessed
$5,814,000
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,326,000
Assessed improvement
$4,488,000
Applied tax rate
7.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
1987
Heating
NONE
Units
1
Total area
29,942 SF
Lot
1.47 ac (64,033 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
165-240-46-00
UPID
US09-9120483
Jurisdiction
SAN DIEGO
Zoning & alternative use
RESTRICTED COMMERCIAL · Oceanside, CAZoning RESTRICTED COMMERCIAL · permitted uses
RESTRICTED COMMERCIAL · Oceanside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Units
1
Lot
1.47 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RESTRICTED COMMERCIAL
Jurisdiction
Oceanside, CA
Recorded code
RESTRICTED COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RESTRICTED COMMERCIAL in Oceanside, CA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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