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Property profile & analytics
FOR LEASE
Office buildings
5355 Mira Sorrento Pl San Diego, CA 92121
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-7296506
For Lease
1 / 2
$52.20 SF/Yr
5355 Mira Sorrento Pl, San Diego, CA 92121
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1991
Total area
9,999 SF
Lot
4.4 ac (191,664 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
341-031-76-00
UPID
US09-7296506
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
-
Akamai Technologies (Bike/Boat/Book/etc) Store Corporate Office
-
Fairfield Residential - WORK Corporate Office
-
Charter Flight Group Airline Service Establishment
-
FedEx Drop Box Postal Service Courier Service
-
Anokiwave Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.51M
Owner & transaction history
Prime Us Sorrento Towers LLC · 4 yrs held
Prime Us Sorrento Towers LLC
since 2021
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · 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
$1,395,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±10% · vs last sale $1.46M (Jul 22 2021)
Last sale anchor
$1.46M
Jul 22 2021
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
$151 / 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
$1,866,989
Tax year 2024
Assessed value
$151,898,400
Assessed 2024
Previous assessed
$151,898,400
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$30,171,600
Assessed improvement
$121,726,800
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
For Lease
Year built
1991
Heating
NONE
Units
1
Total area
9,999 SF
Lot
4.4 ac (191,664 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
341-031-76-00
UPID
US09-7296506
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.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Units
1
Lot
4.4 ac
Current owner
From public records · entity-resolved
Prime Us Sorrento Towers LLC
Entity
Mailing address
PO BOX 28270, SANTA ANA, CA 92799-8270
Ownership since
2021
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
Jul 22, 2021
$1,460,000
Prime Us Sorrento Towers LLC
Sorrento Towers LLC
Grant Deed
$94,900,000 · Citizens Bank NA
Oct 26, 2018
$88,000,000
Sorrento Towers North LLC
Pr Sorrento Towers N Office Ll
Grant Deed
—
Aug 13, 2013
$91,410,000
Pr Sorrento Twrs North Office
Trizec Sorrento Towers LLC
Grant Deed
—
Aug 17, 2011
—
Trizec Wilshire Center LLC
—
Deed Of Trust
related
$20,890,000 · Metropolitan Life Insurance
May 2, 2006
$204,700,000
Trizec Sorrento Towers LLC
Arden Realty
Grant Deed
—
Mar 22, 2005
$1,930,000
Arden Realty
Sorrento Towers LLC
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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