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Property profile & analytics
OFF-MARKET
Estimated value
$2,660,000
Medical Office Space
4045 3rd Ave San Diego, CA 92103-2132
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8910320
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1984
Total area
9,368 SF
Lot
0.25 ac (10,800 SF)
Zoning code
COMMERCIAL
APN
444-522-36-00
UPID
US09-8910320
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
-
Nuffer Smith Tucker Public Relations Marketing & Advertising Advertising Agency
-
Charlene Buechner Physician
-
Dr. Leland Lapp Physician
-
Timothy B Md Riley Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.54M
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$2.66M
Owner & transaction history
Willy Coe LLC · 10 yrs held
Willy Coe LLC
since 2015
7 recorded transactions
Zoning & alternative use
COMMERCIAL · 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%
$2,745,000
6.5%
$2,535,000
7%
$2,355,000
Blend value · Realmo final
$2.66M
Range $2.39M – $2.93M · ±10%
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
$284 / 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
$34,783
Tax year 2024
Assessed value
$2,827,878
Assessed 2024
Previous assessed
$2,827,878
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,413,939
Assessed improvement
$1,413,939
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
Off-Market
Year built
1984
Heating
NONE
Units
1
Total area
9,368 SF
Lot
0.25 ac (10,800 SF)
Zoning code
COMMERCIAL
APN
444-522-36-00
UPID
US09-8910320
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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.
Building & site characteristics
From public records
Year built
1984
Heating
NONE
Units
1
Lot
0.25 ac
Current owner
From public records · entity-resolved
Willy Coe LLC
Entity
Mailing address
7555 CHICAGO DR, LA MESA, CA 91941-7884
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2021
—
The Willy Co LLC
—
Deed
related
$2,000,000 · Mission FCU
Aug 14, 2015
—
Willy Coe LLC
Willy Co LLC
Quit Claim Deed
related
—
Aug 21, 2014
$2,400,000
The Willy Co LLC
The Riley Whitwer Medical Building
Grant Deed
$1,144,000 · Murg Union Bank NA
Mar 29, 2012
—
Riley Whitwer Medical Building
Riley T & M Family Trust
Quit Claim Deed
$800,000 · Union Bank
Mar 18, 2004
$1,275,000
Riley,tr
Whitwer,tr
Grant Deed
$1,291,000 · Ironstone Bank
—
—
Willy Co LLC
—
Deed Of Trust
related
$1,474,100 · Mufg Union Bk NA
—
—
Willy Co LLC
—
Deed Of Trust
related
$1,177,000 · Cdc Small Busn Fin
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.
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