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Property profile & analytics
OFF-MARKET
Estimated value
$17,790,000
Office buildings
4909 Murphy Cyn Rd San Diego, CA 92123-4349
Entity Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7191393
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1989
Total area
69,483 SF
Lot
2.18 ac (94,960 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
369-202-25-00
UPID
US09-7191393
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
-
Sheinberg Law Group Law Firm
-
DELANE ENGINEERING, INC. - John Prince, P.E. Civil Engineer
-
Smart Source Marketing & Advertising Printing Service
-
Espirit De Resorts Hotel & Motel Resort
-
Advanced Sleep Medicine Services Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$22.01M
Comparable Approach
Comparable
$15.68M
Blend (final)
Blend
$17.79M
Owner & transaction history
Seapoint Properties LLC · 23 yrs held
Seapoint Properties LLC
since 2003
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$26.8M
+3.7%
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%
$23,845,000
6.5%
$22,010,000
7%
$20,440,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$25,815,000
Current use
AUTO REPAIR, GARAGE
$26,775,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$24,675,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$17.79M
Range $16.01M – $19.57M · ±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
$256 / 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
$134,953
Tax year 2024
Assessed value
$10,980,412
Assessed 2024
Previous assessed
$10,980,412
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,880,698
Assessed improvement
$7,099,714
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1989
Heating
NONE
Units
1
Total area
69,483 SF
Lot
2.18 ac (94,960 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
369-202-25-00
UPID
US09-7191393
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$25.8M
AUTO REPAIR, GARAGE
Est. value
$26.8M
RETAIL STORES
Est. value
$24.7M
OFFICE BUILDING Current
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
1989
Heating
NONE
Units
1
Lot
2.18 ac
Current owner
From public records · entity-resolved
Seapoint Properties LLC
Entity
Mailing address
5330 CARROLL CYN RD STE #200, SAN DIEGO, CA 92121-3758
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
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
Jun 16, 2022
—
Seapoint Properties LLC
—
Deed
related
$4,500,000 · American Family Insurance
Jun 17, 2003
—
Seapoint Properties LLC
4909 Murphy Canyon Rd INC
Grant Deed
related
—
Dec 12, 2000
—
Murphy Canyon Road I 4909
4909 Murphy Canyon Road P,
Quit Claim Deed
related
—
Feb 23, 1990
$9,862,162
4909 Murphy Cany
Interstate Fifte
Grant Deed
$1,250,000 · Seacrest Financi
—
—
Murphy Canyon Rd Partners 4909
—
Deed Of Trust
related
$2,900,000 · Sun Life Assurance Co Canada
—
—
Seapoint Properties LLC
—
Deed Of Trust
related
$7,500,000 · First National Bank
—
—
4909 Murphy Canyon Road INC
—
Deed Of Trust
related
$3,300,000 · Sun Life Assurance Co Canada
—
—
Seapoint Properties LLC
—
Deed Of Trust
related
$4,500,000 · American Family Life Ins Corp
—
—
Murphy Canyon Rd Partners 4909
—
Deed Of Trust
related
—
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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