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

    3420 Kettner Blvd San Diego, CA 92101-1124

    • Parking lots & garages
    • 3,000 SF
    • 2.18 lot acres
    OFF-MARKET
    Value Estimations
    $4,190,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7263987
    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

    • Hertz / Uber Vehicle Solutions / Car Rental Facility
    • Long Term Car Rental San Diego / Car Rental Facility

    Property Details for 3420 Kettner Blvd

    Year built
    1985
    Lot size
    2.18 lot acres
    Property size
    3,000 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Parking lots & garages
    APN
    451-690-48-00
    APU
    4516904800

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      PARKING LOT
      $3,065,000
      Current use
      COMMERCIAL (GENERAL)
      $5,375,000
      Change: +75% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $3,065,000
      Change: -0% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.178
    Latitude
    32.7377
    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
    $119,913
    $9,500,000
    $260,000
    $9,760,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      Frnt St St

      PARKING GARAGE, PARKING STRUCTURE • 0.11 Acres
      Frnt St St, San Diego, CA 92101
      View Details
    • Value Estimation by Request
      0.23 Acres

      San Diego, CA 92101

      PARKING GARAGE, PARKING STRUCTURE • 0.23 Acres
      San Diego, CA 92101
      View Details
    • Value Estimation by Request
      0.46 Acres

      1050 B St

      PARKING GARAGE, PARKING STRUCTURE • 0.46 Acres
      1050 B St, San Diego, CA 92101-4705
      View Details
    • Value Estimation by Request
      0.23 Acres

      725 Broadway, Unit 45

      PARKING GARAGE, PARKING STRUCTURE • 0.23 Acres
      725 Broadway, San Diego, CA 92101-5303
      View Details
    • Value Estimation by Request
      0.11 Acres

      2131 India St

      PARKING GARAGE, PARKING STRUCTURE • 0.11 Acres
      2131 India St, San Diego, CA 92101-1723
      View Details
    • Value Estimation by Request
      0.57 Acres

      India St

      PARKING GARAGE, PARKING STRUCTURE • 0.57 Acres
      India St, San Diego, CA 92101
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime San Diego Investment Opportunity

      NNN leased parking lot with CPI increases.
      110 W Ash St, San Diego, CA 92101
      View Details
    • $7,650,000
      12,400 SF

      East Village Retail Investment Opportunity

      Fully leased retail space in downtown San Diego's East Village.
      704 J St, San Diego, CA 92101
      View Details
    • Contact for pricing
      5,664 SF

      Redevelopment Zone Near Petco Park

      High-density redevelopment zone with strong visibility near Petco Park.
      1101 Market St, San Diego, CA 92101
      View Details
    • $500,000
      2,920 SF

      Turn-Key Restaurant/Bar in Little Italy

      Restaurant/bar with full liquor license in San Diego's Little Italy.
      2401 Kettner Blvd, San Diego, CA 92101
      View Details
    • $1,250,000

      Profitable Restaurant and Bar Opportunity

      Turnkey restaurant and bar in San Diego's Gaslamp Quarter.
      Undisclosed, San Diego, CA 92101
      View Details
    • $69,000
      740 SF

      San Diego Restaurant Opportunity

      Functional restaurant with full kitchen, seating, and outdoor patio.
      677 7Th Ave, San Diego, CA 92101
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Class A Office Tower Retail

      Premier office tower with retail and parking in San Diego.
      401 West A St, San Diego, CA 92101
      View Details
    • $45 SF/Yr
      4,300 SF

      Gaslamp District Restaurant Space For Lease

      Prime location, two bars, shared kitchen, Type 47 license.
      905 4Th Ave, San Diego, CA 92101
      View Details
    • $47 SF/Yr
      686 SF

      San Diego Creative Office Suite

      Move-in ready, ±686 SF, prime location.
      332 J St, San Diego, CA 92101
      View Details
    • $16 SF/Yr
      55,586 SF

      Wonder Bread Building: San Diego Office Space

      Historic San Diego office building, flexible spaces available.
      171 14Th St, San Diego, CA 92101
      View Details
    • Contact for pricing
      156,000 SF

      Downtown San Diego Office Space

      Class A Office Suites Available Now
      Downtown 8Th St, San Diego, CA 92101
      View Details
    • $1.60 SF/Yr
      160,700 SF

      Restaurant Ready Retail Space

      Retail property with restaurant improvements available for lease.
      1025 W Laurel St, San Diego, CA 92101
      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.
    3420 Kettner Blvd
    San Diego, CA 92101-1124
    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.