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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2640 Financial Ct San Diego, CA 92117-3464

    • Manufacturing properties
    • 19,725 SF
    • 1.82 lot acres
    OFF-MARKET
    Value Estimations
    $2,950,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7299349
    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

    • Rossi Architecture / Architecture Firm
    • Gemini Energy Services / Utility Contractor / Contractor
    • Fotex Print / Print Shop / Banner Store
    • Studio Palma / Florist
    • Tetra Tech / Environmental Consultant / Engineering Consultant

    Property Details for 2640 Financial Ct

    Year built
    1987
    Lot size
    1.82 lot acres
    Property size
    19,725 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Manufacturing properties
    APN
    359-820-23-00
    APU
    3598202300

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,890,000
      6.5%
      $3,590,000
      7%
      $3,335,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.228
    Latitude
    32.8263
    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
    $40,830
    $1,862,827
    $1,454,205
    $3,317,032
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,170,000
      18,000 SF

      2620 Financial Ct

      MANUFACTURING (LIGHT) • 18,000 SF
      2620 Financial Ct, San Diego, CA 92117-3459
      View Details
    • Value Estimation
      $3,305,000
      17,952 SF

      4060 Morena Blvd

      MANUFACTURING (LIGHT) • 17,952 SF
      4060 Morena Blvd, San Diego, CA 92117-5243
      View Details
    • Value Estimation
      $1,415,000
      9,999 SF

      4605 Morena Blvd, Unit 77

      MANUFACTURING (LIGHT) • 9,999 SF
      4605 Morena Blvd, San Diego, CA 92117-3650
      View Details
    • Value Estimation
      $6,350,000
      40,814 SF

      2625 Ariane Dr, Unit 65

      MANUFACTURING (LIGHT) • 40,814 SF
      2625 Ariane Dr, San Diego, CA 92117-3422
      View Details
    • Value Estimation
      $2,050,000
      16,800 SF

      4250 Morena Blvd

      MANUFACTURING (LIGHT) • 16,800 SF
      4250 Morena Blvd, San Diego, CA 92117-4323
      View Details
    • Value Estimation by Request
      1.28 Acres

      4330 Morena Blvd, Unit 90

      MANUFACTURING (LIGHT) • 1.28 Acres
      4330 Morena Blvd, San Diego, CA 92117-4351
      View Details

    Similar Nearby for Sale

    • $224,000
      3,165.00 Acres

      Bay Park Development Opportunity

      Eight legal lots with bay views in coveted Bay Park.
      Trenton Ave, San Diego, CA 92117
      View Details
    • $700,000
      2,487.00 Acres

      Bay Park Development Opportunity

      Eight legal lots with bay views in coveted Bay Park.
      Trenton Ave, San Diego, CA 92117
      View Details
    • $375,000
      31,825 SF

      Morena Blvd Executive Office Suite

      Prime San Diego office space, 732 sq ft.
      4455 Morena Blvd, San Diego, CA 92117
      View Details
    • $600,000
      3,479.00 Acres

      Bay Park Development Opportunity

      Eight legal lots with bay views in San Diego.
      Trenton Ave, San Diego, CA 92117
      View Details
    • $2,495,000

      Clairemont Mesa Blvd Opportunity

      Specialty property available for sale on Clairemont Mesa Blvd.
      4161 Clairemont Mesa Blvd, San Diego, CA 92117
      View Details
    • $550,000
      2,918.00 Acres

      Bay Park Development Opportunity

      Eight legal lots with bay views in coveted Bay Park.
      Trenton Ave, San Diego, CA 92117
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,443 SF

      Warehouse Space Available For Lease

      Warehouse space featuring a reception area and one ground-level door.
      4907 Morena Blvd, San Diego, CA 92117
      View Details
    • Contact for pricing
      1,899 SF

      San Diego Warehouse Space Available

      Warehouse space available now with reception and restrooms.
      4903 Morena Blvd, San Diego, CA 92117
      View Details
    • Contact for pricing
      1,716 SF

      San Diego Flex/Industrial Space

      Flex/industrial space available for rent in San Diego, CA.
      4905 Morena Blvd, San Diego, CA 92117
      View Details
    • Contact for pricing
      17,548 SF

      San Diego Executive Office/Warehouse

      17,548 SF Office/Warehouse For Lease
      4901 Morena Blvd, San Diego, CA 92117
      View Details
    • $20 SF/Yr
      32,753 SF

      Mt. Soledad Office Space for Lease

      Modern San Diego offices, flexible spaces available.
      2621-2665 Ariane Dr, San Diego, CA 92117
      View Details
    • $27 SF/Yr
      4,470 SF

      Industrial Flex Space Available Now

      4,470 SF industrial/flex suite available for lease.
      2625 Ariane Dr, San Diego, CA 92117
      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.
    2640 Financial Ct
    San Diego, CA 92117-3464
    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.