303 Santa Fe Dr Encinitas, CA 92024
This exceptional 2,680 square foot medical office building, located at 303 Santa Fe Drive in Encinitas, California, presents a unique owner-user opportunity. Situated in a premium, high-traffic location adjacent to Scripps Encinitas Hospital and Medical Campus (currently undergoing a $263,000,000 expansion), this property offers unparalleled visibility and accessibility. The building boasts a Feng-Shui inspired design and high-quality, tech-rich construction. The efficient floor plan features a well-organized layout with main reception areas strategically positioned. Ample parking is provided with 14+ spaces. The building is equipped with a commercial-grade backup generator ensuring uninterrupted operations. Furthermore, a seller-owned rooftop solar system contributes to energy efficiency and cost savings. This turnkey operation is available for full owner-user occupancy on June 1st, 2025, offering a golden long-term investment opportunity in a location that is virtually impossible to replicate. The scarcity of comparable medical office space in this area underscores the exceptional value of this property. Multiple use possibilities exist, making this a versatile and highly desirable asset. The building's dynamic exposure and prime location make it an ideal investment for discerning buyers seeking a high-return, long-term opportunity in the thriving Encinitas medical market. The asking price is $4,200,000.
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Gillian Galloway, MD Physician
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Gil Q. Galloway, MD, INC. Physician
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Dr. Thomas Purgett Physician
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Dr. Gil Q. Galloway, MD Physician
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
COMMERCIAL · Encinitas, CAEncinitas. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.