Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    5703 Oberlin Dr San Diego, CA 92121

    • Retail space
    • 37,000 SF
    • 1.66 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7299195
    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

    • San Diego Film and TV Acting Classes - Actors Workshop Studios / Theater & Performing Art Venue / Vocational School
    • San Diego IT Point / Tech Support Center / IT Consulting Firm
    • License Instruction School / High School / Vocational School
    • Salon 301 / Hair Salon
    • Dr. Bob Blake / Physician

    Property Details for 5703 Oberlin Dr

    Year built
    1983
    Lot size
    1.66 lot acres
    Property size
    37,000 SF
    Zone code
    COMMERCIAL
    Property type
    Retail space
    APN
    341-322-37-00
    APU
    3413223700

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,405,000
      Market price range: $8.41M - $20.1M

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

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.195
    Latitude
    32.8923
    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
    $28,958
    $641,544
    $1,666,378
    $2,307,922
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $19,390,000
      69,940 SF

      9855 Barnes Cyn Rd

      RETAIL STORES (PERSONAL SERVICES) • 69,940 SF
      9855 Barnes Cyn Rd, San Diego, CA 92121
      View Details
    • Value Estimation
      $3,265,000
      14,424 SF

      9591 Waples St

      RETAIL STORES (PERSONAL SERVICES) • 14,424 SF
      9591 Waples St, San Diego, CA 92121-2953
      View Details
    • Value Estimation
      $6,595,000
      40,000 SF

      9655 Towne Ctr Dr

      RETAIL STORES (PERSONAL SERVICES) • 40,000 SF
      9655 Towne Ctr Dr, San Diego, CA 92121-1964
      View Details
    • Value Estimation
      $16,125,000
      62,424 SF

      10555 Sorrento Vly Rd

      RETAIL STORES (PERSONAL SERVICES) • 62,424 SF
      10555 Sorrento Vly Rd, San Diego, CA 92121-1608
      View Details
    • Value Estimation
      $7,440,000
      33,233 SF

      5871 Oberlin Dr

      RETAIL STORES (PERSONAL SERVICES) • 33,233 SF
      5871 Oberlin Dr, San Diego, CA 92121-3732
      View Details
    • Value Estimation
      $3,940,000
      19,203 SF

      7140 Miramar Rd, Unit 60

      RETAIL STORES (PERSONAL SERVICES) • 19,203 SF
      7140 Miramar Rd, San Diego, CA 92121-2316
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Turnkey Restaurant on Miramar Road

      Second-generation restaurant for sale on busy Miramar Road.
      7160 Miramar Rd, San Diego, CA 92121
      View Details
    • Contact for pricing
      1,948 SF

      Turnkey Restaurant on Miramar Road

      Second generation restaurant asset sale with existing infrastructure.
      7140 Miramar Rd, San Diego, CA 92121
      View Details
    • $2,250,000
      Pending

      Free Standing Miramar Warehouse Building

      Industrial/warehouse building in Miramar area, suitable for owner/user or investment.
      8615 Commerce Ave, San Diego, CA 92121
      View Details
    • Contact for pricing
      8,448 SF

      San Diego Industrial Property

      Industrial property with 8,448 square feet of space.
      7120 Carroll Rd, San Diego, CA 92121
      View Details
    • Contact for pricing
      6,000 SF

      San Diego Flex Space Investment Opportunity

      6,000 SF Flex Building, San Diego
      10739 Roselle St, San Diego, CA 92121
      View Details
    • $1,250,000
      2,114 SF

      5830 Oberlin Drive #301

      Office Units • 2,114 SF
      5830 Oberlin Dr, San Diego, CA 92121
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,440 SF

      Retail Space in Pacific Heights

      Retail space for lease near corporate campuses in San Diego.
      10066 Pacific Heights Blvd, San Diego, CA 92121
      View Details
    • Contact for pricing
      1,045 SF

      Retail Space on Mira Mesa

      Retail space available for lease in San Diego, CA.
      6715 Mira Mesa Blvd, San Diego, CA 92121
      View Details
    • Contact for pricing
      4,540 SF

      Plaza Sorrento Retail Spaces

      San Diego County retail spaces available.
      6755 Mira Mesa Blvd, San Diego, CA 92121
      View Details
    • $2 SF/Yr

      Retail Space Available For Rent

      Retail property with 10100 square feet available for lease.
      6906 Miramar Rd, San Diego, CA 92121
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space Available For Rent

      Retail space available for rent at 9254 Scranton Rd.
      9254 Scranton Rd, San Diego, CA 92121
      View Details
    • Contact for pricing
      1,100 SF

      Retail Space on Miramar Road

      Retail space available in mixed-use shopping center.
      7040-7070 Miramar Rd, San Diego, CA 92121
      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.
    5703 Oberlin Dr
    San Diego, CA 92121
    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.
    Sign Up Successful!
    You now have access to more from Realmo!