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    3141 Main St Chula Vista, CA 91911-5705
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    Property profile & analytics

    3141 Main St Chula Vista, CA 91911-5705

    View on Map
    • Warehouses
    • 13,392 SF
    • 1.06 lot acres
    Off-Market
    Property ID
    US09-6882211
    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
    $2,570,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Smart & Final / Big Box & Wholesale Store
    • Primo Water Refill / Big Box & Wholesale Store
    • Move Central Movers - Chula Vista / Moving Company

    Property Details for 3141 Main St

    Year built
    1991
    Lot size
    1.06 lot acres
    Property size
    13,392 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Warehouses
    APN
    629-060-75-00
    APU
    6290607500

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,755,000
      6.5%
      $2,545,000
      7%
      $2,365,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,766,000
      Market price range: $348k - $1.84M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,320,000
      Current use
      RETAIL STORES
      $3,760,000
      Change: +13% Conversion: Moderate
      OFFICE BUILDING
      $3,755,000
      Change: +13% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Chula Vista
    County
    San Diego
    State
    California
    Longitude
    -117.066
    Latitude
    32.5942
    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
    $42,325
    $965,436
    $2,462,853
    $3,428,289
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,120,000
      4.54 Acres

      605 Anita St

      BULK STORAGE, TANKS • 4.54 Acres
      605 Anita St, Chula Vista, CA 91911-4619
      View Details
    • Value Estimation
      $2,970,000
      28,800 SF

      753 Anita St

      WAREHOUSE, STORAGE • 28,800 SF
      753 Anita St, Chula Vista, CA 91911-3925
      View Details
    • Value Estimation
      $4,795,000
      58,826 SF

      1011 Bay Blvd, Unit 31

      WAREHOUSE, STORAGE • 58,826 SF
      1011 Bay Blvd, Chula Vista, CA 91911-1648
      View Details
    • Value Estimation
      $7,655,000
      50,000 SF

      2970 Faivre St

      WAREHOUSE, STORAGE • 50,000 SF
      2970 Faivre St, Chula Vista, CA 91911-5054
      View Details
    • Value Estimation
      $3,140,000
      35,670 SF

      1606 Frontage Rd

      WAREHOUSE, STORAGE • 35,670 SF
      1606 Frontage Rd, Chula Vista, CA 91911-3936
      View Details
    • Value Estimation
      $10,450,000
      91,005 SF

      1160 3rd Ave

      WAREHOUSE, STORAGE • 91,005 SF
      1160 3rd Ave, Chula Vista, CA 91911-3106
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Chula Vista Commercial Space

      Versatile industrial property with office and showroom space available.
      3521 Main St, Chula Vista, CA 91911
      View Details
    • Contact for pricing
      6,612 SF

      Office/Warehouse Building Near Bayfront

      6,612 SF office/warehouse building near Chula Vista Bayfront.
      895 Palomar St, Chula Vista, CA 91911
      View Details
    • $4,250,000
      26,094 SF

      Chula Vista Commercial Redevelopment Opportunity

      Multi-tenant commercial property in Downtown Chula Vista's historic center.
      815 3Rd Ave, Chula Vista, CA 91911
      View Details

    Similar Nearby for Lease

    • $5,400 /Mo

      Industrial Space with Office & Showroom

      Versatile commercial space with warehouse, office, and showroom areas.
      3521 Main St, Chula Vista, CA 91911
      View Details
    • $0.85 SF/Yr
      27,884 SF

      Chula Vista Warehouse Space

      27,884 SF warehouse space available for lease.
      1690 Brandywine Ave, Chula Vista, CA 91911
      View Details
    • Contact for pricing
      2,880 SF

      Industrial Park with Flexible Spaces

      Industrial park offering various suite sizes and uses.
      750 Design Ct, Chula Vista, CA 91911
      View Details
    • Contact for pricing
      26,105 SF

      Chula Vista Warehouse Space

      26,105 SF warehouse space available for lease.
      2855 Faivre St, Chula Vista, CA 91911
      View Details
    • Contact for pricing
      3,307 SF

      Chula Vista Warehouse Space

      3,307 SF warehouse space available for lease.
      656 Marsat Ct, Chula Vista, CA 91911
      View Details
    • Contact for pricing
      29,325 SF

      Chula Vista Industrial Space Available

      Industrial space for lease featuring turnkey options and secure yard.
      3360 Heritage Rd, Chula Vista, CA 91911
      View Details

    Property Visit Statistics

    • Visits by month
      28.2k
    • Visitors by month
      18.9k
    • Avg Time on site
      16 min
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    Chula Vista, CA 91911-5705
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    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.

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