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Property profile & analytics
FOR LEASE
Medical Office Space
3444 Kearny Villa Rd San Diego, CA 92123
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8827655
For Lease
$21,555,000
3444 Kearny Villa Rd, San Diego, CA 92123
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1985
Total area
41,664 SF
Lot
1.89 ac (82,328 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
421-320-20-00
UPID
US09-8827655
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Meester Scott DDS Dental Office
-
Shoulder Knee Institute Physician
-
Genesis Research Research Institute Medical Clinic
-
Unio Specialty Care – Cancer Center of Excellence – San Diego Medical Clinic Hospital
-
Genesis Healthcare Partners Medical Group
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.56M
Owner & transaction history
Sd Kearny Rik Mp LP · 4 yrs held
Sd Kearny Rik Mp LP
since 2021
Last sale
$23.0M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$24,255,000
Current use
Blend value · Realmo final
$21.56M
Range $19.40M – $23.71M · ±10% · vs last sale $22.97M (Aug 18 2021)
Last sale anchor
$22.97M
Aug 18 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$517 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$293,673
Tax year 2024
Assessed value
$23,897,988
Assessed 2024
Previous assessed
$23,897,988
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$15,054,588
Assessed improvement
$8,843,400
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Lease
Year built
1985
Heating
NONE
Units
1
Total area
41,664 SF
Lot
1.89 ac (82,328 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
421-320-20-00
UPID
US09-8827655
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$24.3M
MEDICAL BUILDING Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Units
1
Lot
1.89 ac
Current owner
From public records · entity-resolved
Sd Kearny Rik Mp LP
Entity
Mailing address
800 W MADISON ST STE #400, CHICAGO, IL 60607-2481
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2021
$22,970,000
Sd Kearny Rik Mp LP
Sd Kearny Medical Properties LLC
Grant Deed
$298,000,000 · Capital One NA
Apr 25, 2018
$20,000,000
Sd Kearny Medical Properties LLC
3444 Kvr Investors LLC
Grant Deed
$15,300,000 · Cit Bank NA
Sep 1, 2017
—
3444 Kvr Investors LLC
—
Deed
related
$2,600,000 · Umpqua Bk
Jul 19, 2016
$12,450,000
3444 R V R Investors LLC
Telfair Corporation
Grant Deed
$10,700,000 · Umpqua Bank
Mar 28, 2013
$12,100,000
Telfair Corp
3444 K V Partners LLC
Grant Deed
$7,000,000 · Bank Of America
Oct 1, 2007
—
Hcp Medical Office Buildings II LLC
Hcp Medical Office Buildings II LLC
Grant Deed
—
Apr 22, 1999
$5,417,729
Health Care Properties Investo
Equss 3444 Kv LLC
Grant Deed
—
Jul 23, 1993
—
Fed'l S Washington
Kvmc Partners L
Quit Claim Deed
related
—
Aug 11, 1988
—
Kvmc Partners LP
Kearny Villa Med
Grant Deed
related
—
—
—
3444 Kvr Investors LLC
—
Loan Modification
related
$2,600,000 · Umpqua Bk
—
—
Equus 3444 Kv LLC
—
Deed Of Trust
related
$1,300,000 · Owens Financial Group INC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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