Financial
Distress signals
Property profile

5465 Morehouse Dr San Diego, CA 92121

FOR LEASE
Retail space
Property ID
US09-8674268
44,400 SF 1.99 ac lot Built 1986
Last sale Apr 2019 · $12,250,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional executive office property, located at 5465 Morehouse Drive in San Diego, California (zip code 92121), offers a variety of suite sizes to accommodate diverse business needs. The building totals 17,694 square feet, with a minimum divisible space of 1,685 square feet and a maximum contiguous space of 11,220 square feet. Currently, 19,379 square feet is available for lease. The property boasts an attractive 4.0 parking spaces per 1,000 square feet ratio, ensuring ample parking

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$165k
Tax billed · 2024
Assessed value$13.40M
Assessed land$3.83M
Assessed improvement$9.57M
Effective rate1.23%

Value estimate

· Sep 2026
$13.00M
$11.70M – $14.30M
AI approach$9.78M
CAP approach$16.49M
Sales comparison$15.04M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$373/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$227 – $542
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
INDUSTRIAL (M ZONE)
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.9
Tailor Shop8.9
Carpet & Flooring Store8.5

Location

5465 Morehouse Dr San Diego, CA 92121
County assessor Recorded deeds · 9 transfers 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9393 Towne Ctr, San Diego, CA 92121-3070 $40,000,000 Dec 2025 43,020 SF
7629 Carroll, San Diego, CA 92121-2403 $3,250,000 May 2023 40,251 SF
9985 Pacific Hts, San Diego, CA 92121-4310 $25,750,000 Dec 2021 51,456 SF
5910 Pacific Ctr, San Diego, CA 92121-6301 $17,500,000 Dec 2021 51,188 SF
9980 Huennekens, San Diego, CA 92121-2900 $41,300,000 Oct 2021 59,390 SF
6815 Flanders, San Diego, CA 92121-3926 $129,300,000 Sep 2021 46,092 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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