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Property profile & analytics
OFF-MARKET Estimated value $5,870,000
Warehouses

4990 Viewridge Ave San Diego, CA 92123-1618

41,520 SF 2.38 ac lot Built 1984
Entity Owned 31-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8562583
Property summary
AI-generated overview

This San Diego office property, the Canyon Corporate Center, offers multiple suite layouts ranging from 4,475 to 12,787 square feet within a 44,638 square foot, three-story building. Built in 1987, the building features window-lined offices, high ceilings, and an elevator. The property boasts a desirable location in Kearny Mesa, offering excellent freeway access via I-15, Highway 52, and 163. Ample parking is available with a ratio of 3.9 spaces per 1,000 square feet. Outdoor amenities include decks and patios, ideal for lunch breaks or meetings. The building also offers potential for up to five grade-level loading doors, making it suitable for various business needs. Building top signage is available, providing excellent visibility. The property is zoned IL-2-1 and includes potential for equipment/storage yard usage. Lease rates range from $1.95 to $2.25 per square foot, gross plus electricity and janitorial services.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1984
Total area 41,520 SF
Lot 2.38 ac (103,672 SF)
Zoning code INDUSTRIAL (M ZONE)
APN 369-202-26-00
UPID US09-8562583
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.87M
Owner & transaction history
4990 Viewridge LLC · 31 yrs held
4990 Viewridge LLC
since 1995
7 recorded transactions
2019
Price N/A
1995
$3.5M
1994
$3.5M
1990
$4.5M
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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