Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,305,000
Manufacturing properties
4060 Morena Blvd San Diego, CA 92117-5243
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-8933566
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1977
Total area
17,952 SF
Lot
1.17 ac (50,965 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
676-150-19-00
UPID
US09-8933566
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
-
Heritage Art Restoration Studio Renovation Specialist
-
Dove Framing & Art Restoration (Bike/Boat/Book/etc) Store Home Decor Store
-
Designers Resource Collection San Diego Big Box & Wholesale Store Furniture & Home Goods
-
WOW Surf Boards (Bike/Boat/Book/etc) Store
-
Blue Door Urban Winery Brewery & Distillery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.27M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.31M
Owner & transaction history
San Diego Metropolitan Transit Syst
San Diego Metropolitan Transit Syst
since 2026
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%
$3,540,000
6.5%
$3,265,000
7%
$3,035,000
Blend value · Realmo final
$3.31M
Range $2.97M – $3.64M · ±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
$184 / 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
$49,700
Tax year 2024
Assessed value
$4,042,197
Assessed 2024
Previous assessed
$4,042,197
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,812,020
Assessed improvement
$2,230,177
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1977
Heating
NONE
Units
1
Total area
17,952 SF
Lot
1.17 ac (50,965 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
676-150-19-00
UPID
US09-8933566
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.
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Units
1
Lot
1.17 ac
Current owner
From public records · entity-resolved
San Diego Metropolitan Transit Syst
Individual
Mailing address
2725 CONGRESS ST STE 1E, SAN DIEGO, CA 92110-2766
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 27, 2026
—
San Diego Metropolitan Transit Syst
San Diego Association Of Government
Grant Deed
—
Dec 4, 2017
—
Lanza-marsh Morena LLC
—
Deed
related
$3,000,000 · Miscellaneous Ins Co
Jun 15, 2004
$1,686,500
Lanza Morena LLC
Mission Valley Corp Center Ltd
Grant Deed
—
Oct 13, 2000
$85,144
Mission Valley Corporate Ctr
Lynch,william D
Trustees Deed
$606,188 · Richard A Dentt Trustee
Oct 13, 2000
$74,000
Mission Valley Corporate Ctr
Lynch,john T
Trustees Deed
related
—
Oct 13, 2000
$194,000
Mission Valley Corporate Ctr
Richard A Dentt Trustee
Trustees Deed
related
—
Sep 30, 1999
—
Richard A Etal Dentt
Morena Associates,
Quit Claim Deed
related
—
—
—
Mission Valley Corporate Cente
—
Deed Of Trust
related
$1,250,000 · Lehman Brothers Bank Fsb
—
—
Lanza-marsh Morena LLC
—
Deed Of Trust
related
$1,600,000 · Miscellaneous Ins Co
—
—
Mission Valley Corporate Ctr
—
Deed Of Trust
related
$606,188 · Richard Dentt Ttee
—
—
Morena Associates
—
Deed Of Trust
related
$300,000 · Scripps Bank
—
—
Lanza-marsh Morena LLC
—
Loan Modification
related
$1,600,000 · Miscellaneous Ins Co
—
—
Lanza-marsh Morena LLC
—
Deed Of Trust
related
$3,000,000 · Miscellaneous Ins Co
—
—
Morena Assoc
—
Deed Of Trust
related
$500,000 · Sumitomo Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4060 Morena Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
