Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    2598 Fortune Way Vista, CA 92081
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2598 Fortune Way Vista, CA 92081

    View on Map
    • Industrial properties
    • 625 SF
    • 2.54 lot acres
    For Sale
    $328,000
    View Listing →
    Vista Commercial Condo For Sale For Sale
    $328,000
    725 SF

    Vista Commercial Condo For Sale

    Industrial commercial condo in Vista's Fortune Way Business Park.

    2598 Fortune Way Unit B, Vista, CA 92081
    View Listing
    Property ID
    US09-9659706
    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

    • Genius Power & Magic / Marketing & Advertising / (Bike/Boat/Book/etc) Store
    • Aspect Machining / Industrial Manufacturer
    • Blue Sky Energy / Production Facility
    • Cability Inc. / Corporate Office
    • Anytyme Plumbing, Heating & Air / Plumbing Service / General Contractor

    Property Details for 2598 Fortune Way

    Year built
    1992
    Lot size
    2.54 lot acres
    Property size
    625 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Industrial properties
    APN
    219-031-32-02
    APU
    2190313202

    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
    Vista
    County
    San Diego
    State
    California
    Longitude
    -117.227
    Latitude
    33.1497
    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
    $1,773
    $64,801
    $94,258
    $159,059
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $650,000
      3,974 SF

      1050 La Mirada Ct

      CONDOMINIUMS (INDUSTRIAL) • 3,974 SF
      1050 La Mirada Ct, Vista, CA 92081-7874
      View Details
    • Value Estimation
      $990,000
      6,624 SF

      2575 Fortune Way Ste D

      CONDOMINIUMS (INDUSTRIAL) • 6,624 SF
      2575 Fortune Way Ste D, Vista, CA 92081-8413
      View Details
    • Value Estimation
      $1,200,000
      8,567 SF

      1084 La Mirada Ct

      CONDOMINIUMS (INDUSTRIAL) • 8,567 SF
      1084 La Mirada Ct, Vista, CA 92081-7874
      View Details
    • Value Estimation
      $795,000
      6,041 SF

      1045 La Mirada Ct

      CONDOMINIUMS (INDUSTRIAL) • 6,041 SF
      1045 La Mirada Ct, Vista, CA 92081-7874
      View Details
    • Value Estimation
      $1,410,000
      9,336 SF

      2373 La Mirada Dr

      CONDOMINIUMS (INDUSTRIAL) • 9,336 SF
      2373 La Mirada Dr, Vista, CA 92081-7863
      View Details
    • Value Estimation
      $665,000
      4,400 SF

      2367 La Mirada Dr

      CONDOMINIUMS (INDUSTRIAL) • 4,400 SF
      2367 La Mirada Dr, Vista, CA 92081-7863
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      61,942 SF

      Industrial Facility Investment Opportunity

      Class A industrial facility available for investment.
      3225 Executive Rdg, Vista, CA 92081
      View Details
    • Contact for pricing
      6,060 SF

      Single Tenant Vista Warehouse

      6,060 SF single tenant building with fenced parking.
      1220 Keystone Way, Vista, CA 92081
      View Details
    • $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
    • Contact for pricing
      52,775 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
    • $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
    • Contact for pricing
      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

    Similar Nearby for Lease

    • $1.55 SF/Yr

      Vista Office/Industrial Space Available

      Office and industrial space available for lease in Vista.
      1175-1185 Park Center Dr, Vista, CA 92081
      View Details
    • Contact for pricing

      Industrial Conversion in North San Diego

      First ground-up industrial conversion in North San Diego.
      1430 Decision St, Vista, CA 92081
      View Details
    • Contact for pricing

      Vista Industrial Property For Lease

      Industrial property available for lease in Vista, California.
      2611 Business Park Dr, Vista, CA 92081
      View Details
    • Contact for pricing

      Industrial Suites For Lease

      Industrial suites available for lease with dock and grade loading.
      2575 Pioneer Ave, Vista, CA 92081
      View Details
    • $1.60 SF/Yr
      2,651 SF

      Warehouse Space Near Carlsbad Border

      Warehouse space with EV charging, convenient Carlsbad/Vista location.
      1495 Poinsettia Ave, Vista, CA 92081
      View Details
    • Contact for pricing
      37,887 SF

      Functional Industrial Space Available

      Industrial property with office space and concrete truck aprons.
      2765 Progress St, Vista, CA 92081
      View Details
    View Listing
    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.
    2598 Fortune Way
    Vista, CA 92081
    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.
    Sign Up Successful!
    You now have access to more from Realmo!