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Property profile & analytics
FOR LEASE
Medical Office Space
477 North El Camino Real Encinitas, CA 92024
Individually Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8170917
For Lease
$19,275,000
477 North El Camino Real, Encinitas, CA 92024
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1987
Total area
97,263 SF
Lot
7.73 ac (336,718 SF)
Zoning code
COMMERCIAL
APN
257-062-37-00
UPID
US09-8170917
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
-
United Urology | Nishant D. Patel, MD Physician Medical Clinic
-
Dental Specialty Associates: Davis J Patrick DDS Dental Office
-
Dr. Terrie Yoshikane: Orthodontist Dental Office
-
Matthew Davis DDS, Pediatric Dentist Dental Office
-
Dr. Jim S. Rhee, DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.28M
Owner & transaction history
North Coast Health Center · 14 yrs held
North Coast Health Center
since 2012
6 recorded transactions
Zoning & alternative use
COMMERCIAL · Encinitas, 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 Encinitas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Encinitas 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$198 / 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
$269,426
Tax year 2024
Assessed value
$26,411,755
Assessed 2024
Previous assessed
$26,411,755
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$5,872,350
Assessed improvement
$20,539,405
Applied tax rate
19.0000
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
1987
Heating
NONE
Units
1
Total area
97,263 SF
Lot
7.73 ac (336,718 SF)
Zoning code
COMMERCIAL
APN
257-062-37-00
UPID
US09-8170917
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Encinitas, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Encinitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Units
1
Lot
7.73 ac
Current owner
From public records · entity-resolved
North Coast Health Center
Individual
Free & Clear · 14 yrs held
Mailing address
140 LOMAS SANTA FE DR STE #103, SOLANA BEACH, CA 92075-1252
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
—
Nchc 3 LLC
—
Deed
related
$56,000,000 · John Hancock Life Insurance Company USA
May 18, 2018
—
Nchc 3 LLC
—
Deed
related
$7,000,000 · Miscellaneous Ins Co
Feb 2, 2012
—
North Coast Health Center
North Coast Health Center LLC
Quit Claim Deed
—
Apr 23, 2002
—
North Coast Health Center LLC
Encinitas-carlsbad Professiona
Grant Deed
related
—
Jun 23, 1989
$2,800,000
North Coast Health Center
Unknown
Grant Deed
—
—
—
Nchc 3 LLC
—
Loan Modification
related
$7,000,000 · 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.
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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