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Property profile & analytics
OFF-MARKET
Estimated value
$16,025,000
Medical Office Space
480 4th Ave Chula Vista, CA 91910-4410
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7696859
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1975
Total area
67,908 SF
Lot
2.03 ac (88,426 SF)
Zoning code
COMMERCIAL
APN
568-370-45-00
UPID
US09-7696859
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
-
Dr. Bonnie M. Badii, DDS Dental Office
-
Adult Medicine Clinic Inc Medical Clinic
-
Scripps Mercy Hospital Chula Vista Outpatient Imaging Medical Clinic
-
Infertility Ob/gyn Medical Grp Medical Clinic
-
South Bay OBGYN Medical Group Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.04M
Comparable Approach
Comparable
$19.93M
Blend (final)
Blend
$16.03M
Owner & transaction history
Siemens Financial Services INC · 2 yrs held
Siemens Financial Services INC
since 2024
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Chula Vista, 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 Chula Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chula Vista 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%
$17,375,000
6.5%
$16,035,000
7%
$14,890,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$25,925,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$25,680,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$16.03M
Range $14.42M – $17.63M · ±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
$236 / 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
$165,937
Tax year 2024
Assessed value
$14,180,000
Assessed 2024
Previous assessed
$14,180,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$6,000,000
Assessed improvement
$8,180,000
Applied tax rate
1.0000
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
1975
Heating
NONE
Units
1
Total area
67,908 SF
Lot
2.03 ac (88,426 SF)
Zoning code
COMMERCIAL
APN
568-370-45-00
UPID
US09-7696859
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Chula Vista, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Chula Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$25.9M
RETAIL STORES
Est. value
$25.7M
AUTO REPAIR, GARAGE
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
1975
Heating
NONE
Units
1
Lot
2.03 ac
Current owner
From public records · entity-resolved
Siemens Financial Services INC
Entity
Mailing address
200 WOOD AVE S #400, ISELIN, NJ 08830-2773
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2024
—
Siemens Financial Services INC
Th II San Diego 480 47 LP
Deed
—
Apr 11, 2024
$17,950,000
Th II San Diego 480 4th LP
Welltower Om Group LLC
Grant Deed
—
Apr 11, 2024
—
Th II San Diego 480 4th LP
Centro De Saolud De La Comuidad De
Lease
—
May 17, 2019
$18,926,000
Epc Sparti LLC
Chp Chula Vista Ca Mob Owner L
Grant Deed
—
Jan 22, 2014
$17,863,500
Chp Chula Vista Ca Mob Owner LLC
Chula Vista Cp LLC
Grant Deed
$120,000,000 · Key Bank NA
Oct 9, 2013
—
Chula Vista Cp LLC
Chula Vista Mob LLC
Quit Claim Deed
related
—
May 13, 2005
—
Chula Vista Mob LLC
Scripps Health
Grant Deed
$8,000,000 · Lasalle National Bank
Jan 7, 1997
$12,000,000
Health Scripps
Berge Trust
Grant Deed
—
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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