Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5540 Ocean Gate Ln San Diego, CA 92154-6462

    • Apartment buildings
    • 9,999 SF
    • 10.79 lot acres
    OFF-MARKET
    Last Sale
    Aug 25, 2021
    Value Estimations
    $2,145,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6616993
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Greenfield Village / Real Estate Agency

    Property Details for 5540 Ocean Gate Ln

    Year built
    2010
    Lot size
    10.79 lot acres
    Property size
    9,999 SF
    Zone code
    COMMERCIAL
    Property type
    Apartment buildings
    APN
    645-390-01-00
    APU
    6453900100

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $3,140,000
      6.5%
      $2,900,000
      7%
      $2,695,000

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $3,330,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.013
    Latitude
    32.5697
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $1,152,767
    $22,745,681
    $68,409,449
    $91,155,130
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3.81 Acres

      2345 Grv Ave, Unit 71

      APARTMENT HOUSE (5+ UNITS) • 3.81 Acres
      2345 Grv Ave, San Diego, CA 92154-3134
      View Details
    • Value Estimation
      $8,530,000
      52,198 SF

      1553 Oro Vis Rd, Unit 95

      APARTMENT HOUSE (5+ UNITS) • 52,198 SF
      1553 Oro Vis Rd, San Diego, CA 92154-4084
      View Details
    • Value Estimation
      $2,055,000
      17,500 SF

      1502 27th St, Unit 30

      APARTMENT HOUSE (5+ UNITS) • 17,500 SF
      1502 27th St, San Diego, CA 92154-3270
      View Details
    • Value Estimation
      $14,595,000
      95,066 SF

      3606 Del Sol Blvd, Unit 90

      APARTMENT HOUSE (5+ UNITS) • 95,066 SF
      3606 Del Sol Blvd, San Diego, CA 92154-3523
      View Details
    • Value Estimation
      $2,155,000
      9,999 SF

      1151 25th St

      APARTMENT HOUSE (5+ UNITS) • 9,999 SF
      1151 25th St, San Diego, CA 92154-3203
      View Details
    • Value Estimation
      $845,000
      4,181 SF

      2065 Avenida Del Mexico

      APARTMENT HOUSE (5+ UNITS) • 4,181 SF
      2065 Avenida Del Mexico, San Diego, CA 92154-1244
      View Details

    Similar Nearby for Sale

    • $119,990

      Spacious Home in 55+ Community

      Two-bedroom home in a 55+ community with amenities.
      3340 Del Sol 117, San Diego, CA 92154
      View Details
    • $240,000

      Well-Maintained Mobile Home in San Diego

      2-bed, 2-bath mobile home in a quiet senior park.
      2950 Iris Ave, San Diego, CA 92154
      View Details
    • Contact for pricing

      Land with Trailer Spaces

      3.6 acres with 54 trailer spaces and utilities.
      10834 Siempre Viva Ct, San Diego, CA 92154
      View Details
    • $135,000

      Well-Maintained Mobile Home Opportunity

      2-bedroom, 1.5-bathroom mobile home in a well-maintained community.
      2888 Iris Ave, San Diego, CA 92154
      View Details
    • $16,800,000
      25.00 Acres

      Prime Otay Valley Land Investment

      25-Acre Industrial/Residential Land
      5662 Otay Valley Rd, San Diego, CA 92154
      View Details
    • Contact for pricing

      Residential Land in Otay Mesa

      Residential land with high-density zoning near US-Mexico border.
      Cactus Rd, San Diego, CA 92154
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      11,450 SF

      Secured Yard with Dock High

      Secured yard with dock high positions available for lease.
      6930 Cactus Ct, San Diego, CA 92154
      View Details
    • Contact for pricing
      32,420 SF

      Industrial Space Available For Sublease

      Industrial space available for sublease through May 31, 2029.
      1470 Exposition Way, San Diego, CA 92154
      View Details
    • Contact for pricing
      11,280 SF

      Otay Commerce Center Flex Space

      Multi-tenant building with office space, multiple doors, and clear height.
      2215 Paseo De Las Americas, San Diego, CA 92154
      View Details
    • Contact for pricing
      8,500 SF

      Retail Space Available For Rent

      Retail property with 8,500 square feet available for rent.
      525-695 Saturn Blvd, San Diego, CA 92154
      View Details
    • Contact for pricing
      24,091 SF

      Industrial Warehouse Space Available

      23,982 SF warehouse with dock high loading doors.
      1855 Dornoch Ct, San Diego, CA 92154
      View Details
    • Contact for pricing
      50,669 SF

      Unique Industrial Property with Yard

      Rare industrial property in San Diego with large yard.
      2735 Cactus Rd, San Diego, CA 92154
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5540 Ocean Gate Ln
    San Diego, CA 92154-6462
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.