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Property profile & analytics
OFF-MARKET
Community centers
5831 University Ave San Diego, CA 92115-6251
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8718205
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Total area
32,024 SF
Lot
3.53 ac (153,766 SF)
Zoning code
COMMERCIAL
APN
472-470-47-00
UPID
US09-8718205
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
-
Marshalls Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
University Square Owner LLC · 1 yrs held
University Square Owner LLC
since 2025
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$127,941
Tax year 2024
Assessed value
$10,404,000
Assessed 2024
Previous assessed
$10,404,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$5,202,000
Assessed improvement
$5,202,000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1989
Heating
NONE
Units
1
Total area
32,024 SF
Lot
3.53 ac (153,766 SF)
Zoning code
COMMERCIAL
APN
472-470-47-00
UPID
US09-8718205
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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
1989
Heating
NONE
Units
1
Lot
3.53 ac
Current owner
From public records · entity-resolved
University Square Owner LLC
Entity
Free & Clear · 1 yrs held
Mailing address
24025 PARK SORRENTO STE #300, CALABASAS, CA 91302-4001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2025
$1,003,500
University Square Owner LLC
Msm University Square LLC
Grant Deed
—
Mar 30, 2022
$68,750,000
800 Nimes Road LLC
Lakha Properties San Diego LLC
Grant Deed
$51,562,500 · Morgan Stanley Private Bank NA
Mar 1, 2019
—
Lakha Properties-san Diego LLC
—
Correction Deed
related
$45,825,000 · Lcc Warehouse V LLC
Nov 16, 2018
—
Lakha Properties-san Deigo LLC
—
Grant Deed
related
$45,825,000 · Loancore Cap Credit Reit LLC
Mar 23, 2017
—
Lakha Properties-san Diego LLC
—
Loan Modification
related
$45,000,000 · Citibank
May 12, 2009
—
Hometown Buffet INC
—
Deed Of Trust
related
$200,000,000 · Credit Suisse Cayman Islands
Nov 23, 2005
—
Lakha Properties San Diego LLC
Shane University LLC
Grant Deed
$39,050,000 · Merrill Lynch Mortgage Lending INC
Nov 9, 1998
$22,472,705
Shane University LLC
University Square
Grant Deed
related
—
Aug 5, 1997
—
University Square Ltd #2
—
Deed Of Trust
related
$18,000,000 · L J Melody & Co
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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