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Property profile & analytics
FOR LEASE
Medical Office Space
4765 Carmel Mountain Rd San Diego, CA 92130
Entity Owned
5-yr Hold
Free & Clear
Property ID
US09-8299204
For Lease
1 / 2
$13,660,000
4765 Carmel Mountain Rd, San Diego, CA 92130
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2005
Total area
45,000 SF
Lot
2.59 ac (112,820 SF)
Zoning code
COMMERCIAL
APN
307-372-37-00
UPID
US09-8299204
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
-
La Jolla Facial Plastic Surgery: Victor Chung, MD Spa & Massage Center Alternative Medicine Practice
-
James P. Tasto, DDS Dental Office
-
Torrey Hills Periodontal Group Dental Office
-
Kidz Place Dentistry Dental Office
-
Modern Dentistry Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.15M
CAP Approach
CAP
$11.86M
Comparable Approach
Comparable
$10.75M
Blend (final)
Blend
$13.66M
Owner & transaction history
4765 Carmel Mountain Road LLC · 5 yrs held
4765 Carmel Mountain Road LLC
since 2020
Last sale
$14.7M
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
$17,730,000
ML approach
$12,150,000
CAP Approach
CAP Return
Estimation
6%
$12,845,000
6.5%
$11,860,000
7%
$11,010,000
Alternative Use
Use
Estimation
RETAIL STORES
$21,645,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$13.66M
Range $12.29M – $15.03M · ±10% · vs last sale $14.74M (Dec 22 2020)
Last sale anchor
$14.74M
Dec 22 2020
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
$304 / 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
$438,698
Tax year 2024
Assessed value
$39,636,118
Assessed 2024
Previous assessed
$39,636,118
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$11,142,684
Assessed improvement
$28,493,434
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
2005
Heating
NONE
Units
1
Total area
45,000 SF
Lot
2.59 ac (112,820 SF)
Zoning code
COMMERCIAL
APN
307-372-37-00
UPID
US09-8299204
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$21.6M
RETAIL STORES
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
2005
Heating
NONE
Units
1
Lot
2.59 ac
Current owner
From public records · entity-resolved
4765 Carmel Mountain Road LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 92129, SOUTHLAKE, TX 76092-0102
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2020
$20,811,500
4765 Carmel Mountain Road LLC
Torrey Hills Mob LLC
Grant Deed
—
Jun 13, 2017
$11,846,000
Torrey Hills Mob LLC
Torrey Pines Ents LLC
Grant Deed
$16,654,402 · Miscellaneous Ins Co
Jun 13, 2017
—
Torrey Hills Mob LLC
—
Deed
related
$16,654,402 · Miscellaneous Ins Co
Feb 5, 2014
—
Torrey Heights Medical Office
Sorrento Hills Marketplace LP
Grant Deed
related
—
Feb 3, 2014
$14,740,000
Torrey Pines Enterprises LLC
Torrey Heights Medical Building LLC
Grant Deed
$10,000,000 · Readycap Commercial LLC
Aug 17, 2006
—
Torrey Heights Medical Buildin
—
Deed Of Trust
related
$14,000,350 · Cibc INC
Dec 7, 2005
$19,377,273
Torrey Heights Medical Bldg Ll
Sorrento Hills Marketplace
Deed Of Trust
$14,000,000 · Cibc INC
—
—
Torrey Pines Ents LLC
—
Deed Of Trust
related
$17,100,000 · Miscellaneous Ins Co
—
—
Torrey Hills Mob LLC
—
Loan Modification
related
$16,654,402 · Miscellaneous Ins Co
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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