Your AI Navigator in Commercial Real Estate
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
    Property profile & analytics

    2540 Fortune Way Vista, CA 92081-8441

    • Warehouses
    • 7,946 SF
    • 0.54 lot acres
    OFF-MARKET
    Value Estimations
    $575,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9665722
    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

    • CSI Capacitors / CSI Technologies Inc. / Electronic Parts Supplier

    Property Details for 2540 Fortune Way

    Year built
    1992
    Lot size
    0.54 lot acres
    Property size
    7,946 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Warehouses
    APN
    219-031-04-00
    APU
    2190310400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $575,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $463,000
      Market price range: $262k - $602k

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

    Location Insight

    • Map
    • Local Demand
    City
    Vista
    County
    San Diego
    State
    California
    Longitude
    -117.224
    Latitude
    33.1495
    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
    $19,565
    $709,260
    $866,872
    $1,576,132
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,165,000
      95,252 SF

      1300 Specialty Dr

      WAREHOUSE, STORAGE • 95,252 SF
      1300 Specialty Dr, Vista, CA 92081-8502
      View Details
    • Value Estimation
      $645,000
      14,916 SF

      2470 Coral St

      WAREHOUSE, STORAGE • 14,916 SF
      2470 Coral St, Vista, CA 92081-8430
      View Details
    • Value Estimation
      $1,395,000
      75,141 SF

      2835 La Mirada Dr

      WAREHOUSE, STORAGE • 75,141 SF
      2835 La Mirada Dr, Vista, CA 92081-8457
      View Details
    • Value Estimation
      $8,940,000
      32,512 SF

      2525 Birch St

      WAREHOUSE, STORAGE • 32,512 SF
      2525 Birch St, Vista, CA 92081-8433
      View Details
    • Value Estimation
      $5,395,000
      22,536 SF

      2641 La Mirada Dr

      WAREHOUSE, STORAGE • 22,536 SF
      2641 La Mirada Dr, Vista, CA 92081-8435
      View Details
    • Value Estimation
      $1,170,000
      66,692 SF

      2770 La Mirada Dr, Unit 80

      WAREHOUSE, STORAGE • 66,692 SF
      2770 La Mirada Dr, Vista, CA 92081-8478
      View Details

    Similar Nearby for Sale

    • $10,000,000
      33,804 SF

      Vista Headquarters/Manufacturing Facility For Sale

      33,804 SF headquarters/manufacturing facility on 1.76 acres.
      2640 Progress St, Vista, CA 92081
      View Details
    • $2,272,500
      6,060 SF

      Single Tenant Vista Warehouse

      6,060 SF single tenant building with fenced parking.
      1220 Keystone Way, Vista, CA 92081
      View Details
    • $6,632,000
      29,475 SF

      Freestanding Manufacturing/Distribution Building For Sale

      29,475 SF freestanding building with fenced yard in Vista.
      2425 La Mirada Dr, Vista, CA 92081
      View Details
    • $2,000,000
      5,288 SF

      End Unit Industrial Condo

      Industrial condo with grade-level loading access in Vista, California.
      2355-2359 La Mirada Ct, Vista, CA 92081
      View Details
    • $2,000,000
      5,288 SF

      Industrial Condo in Vista Business Park

      End unit industrial condo in ideal Vista Business Park location.
      2355 La Mirada Dr, Vista, CA 92081
      View Details
    • $2,195,000
      13,309 SF

      Industrial Warehouse in Vista, CA

      13,309 SF industrial warehouse available for sale.
      2136 Industrial Ct, Vista, CA 92081
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      50,090 SF

      Vista Warehouse with Dock Loading

      52,090 SF warehouse with dock and grade-level loading.
      2611 Island View Way, Vista, CA 92081
      View Details
    • Contact for pricing
      15,360 SF

      Industrial Warehouse Space Available

      15,360 SF warehouse with office space for lease.
      1225 Park Center Dr, Vista, CA 92081
      View Details
    • $1.55 SF/Yr
      4,200 SF

      Industrial Suite with Upgraded Amenities

      4,200 SF industrial suite with upgraded restroom and kitchenette.
      2453 Cades Way, Vista, CA 92081
      View Details
    • $1.25 SF/Yr
      76,954 SF

      Vista Warehouse with Secured Loading

      Industrial warehouse in Vista Business Park with secured loading area.
      970 Park Center Dr, Vista, CA 92081
      View Details
    • $1.40 SF/Yr
      2,684 SF

      Vista Warehouse Space Available

      2,684 SF warehouse space for rent in Vista, CA.
      2780 La Mirada Dr, Vista, CA 92081
      View Details
    • $0.32 SF/Yr
      26,026 SF

      Freestanding Industrial Building with Mezzanine

      26,026 SF industrial building with new office space.
      2465 Coral St, Vista, CA 92081
      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.
    2540 Fortune Way
    Vista, CA 92081-8441
    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.