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Property profile & analytics
FOR LEASE
Office buildings
600 B St San Diego, CA 92101
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8618193
For Lease
1 / 15
$3,855,000
600 B St, San Diego, CA 92101
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1974
Total area
9,999 SF
Lot
0.45 ac (19,499 SF)
Zoning code
COMMERCIAL
APN
534-054-07-00
UPID
US09-8618193
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
-
Nathan Gray - Realtor Real Estate Agency
-
SCL Schumann Architecture Firm
-
Laughlin Falbo Levy & Moresi Law Firm
-
Resnick & Louis, P.C. Attorneys at Law Law Firm
-
Brant Regency: Steve Brant, Top Luxury Team Compass Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.66M
Blend (final)
Blend
$3.86M
Owner & transaction history
6th & B Street LLC · 1 yrs held
6th & B Street LLC
since 2024
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$6.3M
+92.2%
Medical building
$5.8M
+77.9%
Apartment house (5+ units)
$4.6M
+39.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,270,000
Current use
RETAIL STORES
$6,290,000
Change: +92% · Conversion: Moderate
MEDICAL BUILDING
$5,820,000
Change: +78% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,575,000
Change: +40% · Conversion: Easy
INDUSTRIAL (GENERAL)
$4,020,000
Change: +23% · Conversion: Difficult
Blend value · Realmo final
$3.86M
Range $3.47M – $4.24M · ±10%
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
$386 / 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
$1,405,996
Tax year 2024
Assessed value
$110,715,265
Assessed 2024
Previous assessed
$110,715,265
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$5,298,714
Assessed improvement
$105,416,551
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
1974
Heating
NONE
Units
1
Total area
9,999 SF
Lot
0.45 ac (19,499 SF)
Zoning code
COMMERCIAL
APN
534-054-07-00
UPID
US09-8618193
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.3M
RETAIL STORES
Est. value
$6.3M
MEDICAL BUILDING
Est. value
$5.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.6M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
OFFICE BUILDING Current
RETAIL STORES
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Units
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
6th & B Street LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1999 AVE OF THE STARS STE #3425, LOS ANGELES, CA 90067-4657
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
32 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2024
$44,390,174
6th & B Street LLC
600 B Street San Diego Owner LLC
Trust Deed
related
—
Oct 5, 2021
—
600 B Street San Diego Owner LLC
—
Deed
related
$77,000,000 · Western Alliance Bank
Aug 30, 2017
—
600 B Street San Diego Owner LLC
Ag Lo 600b D E H & I Owner LLC
Grant Deed
—
Jan 8, 2016
$1,080,000
Ag-lo 600b D E H & I Owner LLC
Cairncross Family Trust 1991
Grant Deed
—
Jan 8, 2016
$90,000
Ag-lo 600b D E H & I Owner LLC
Cairncross Larry
Grant Deed
—
Dec 30, 2015
—
Ag-lo 600b D E H & I Owner LLC
Jones,james G
Quit Claim Deed
related
—
Dec 30, 2015
$1,125,000
Ag-lo 600b D E H & I Owner LLC
Jones J G & C E J Trust B
Grant Deed
—
Dec 29, 2015
$600,000
Ag-lo 600b D E H & I Owner LLC
Fletcher-hoppe D 2007 Trust
Grant Deed
—
Dec 29, 2015
—
Ag-lo 600b D E H & I Owner LLC
Fletcher-hoppe D 2007 Trust
Quit Claim Deed
related
—
Dec 14, 2015
—
Ag-lo 600b D E H & I Owner LLC
Cairncross,lisa L
Quit Claim Deed
related
—
Dec 14, 2015
$90,000
Ag-lo 600b D E H & I Owner LLC
Cairncross,david
Grant Deed
—
Dec 7, 2015
—
Ag-lo 600b D E H & I Owner LLC
Cairncross,sandra C
Quit Claim Deed
related
—
Dec 7, 2015
$90,000
Ag-lo 600b D E H & I Owner LLC
Cairncross,scott
Grant Deed
—
Dec 1, 2015
$90,000
Ag-lo 600b D E H & I Owner LLC
Cairncross,laurie
Grant Deed
—
Nov 20, 2015
$600,000
Ag-lo 600b D E H & I Owner LLC
Randerson Family Trust A
Grant Deed
—
Nov 17, 2015
$90,000
Ag-lo 600b D E H & I Owner LLC
Harris,stuart
Grant Deed
—
Nov 17, 2015
—
Ag-lo 600b D E H & I Owner LLC
Harris,jayne J
Quit Claim Deed
related
—
Nov 4, 2015
—
Ag-lo 600b D E H & I Owner LLC
Mihelic,thomas V
Quit Claim Deed
related
—
Nov 4, 2015
$88,000
Ag-lo 600b D E H & I Owner LLC
Coalter,chancellor M
Grant Deed
—
Oct 27, 2015
$88,000
Ag-lo 600b D E H & I Owner LLC
Falkenhainer,brenda
Grant Deed
—
Oct 27, 2015
—
Ag-lo 600b D E H & I Owner LLC
Falkenhainer,brian C
Quit Claim Deed
related
—
Feb 28, 2014
—
Ag-lo 600b D E H & I Owner LLC
Cotton,carol
Quit Claim Deed
—
Sep 26, 2013
—
Cairncross 1991 Family Trust
Cairncross Larry
Quit Claim Deed
related
—
Dec 7, 2012
—
Ag-lo 600b Owner LP
Nomura Cdo 2007-2-600 B Street
Quit Claim Deed
related
$40,250,000 · Spt Ca Fndg LLC
Dec 7, 2012
$49,000,000
Ag-lo 600b Owner LP
Nomura Cdo 2007-2-600 B Street
Grant Deed
—
Dec 12, 2011
$74,061,775
Owner Name Unavailable
Beacon Default Mgmt INC
Grant Deed
related
—
Dec 19, 2007
—
Fletcher-hoppe D 2007 Trust
Fletcher-hoppe Family Trust
Quit Claim Deed
related
—
Oct 23, 2006
—
Jones James G Family Trust
Cotton,elizabeth J
Grant Deed
related
—
Jul 19, 2006
$95,500,000
Legacy Partners II Sd B Street
Greit 525 & 600 B Street
Trustees Deed
$79,600,000 · Nomura Credit & Cap
May 13, 2004
—
Sf III Broadway LLC
400 W Broadway LLC
Grant Deed
related
—
Jan 3, 1992
—
Jane Le Randerson Fletcher
Unknown
Quit Claim Deed
related
—
—
—
Ag-lo 600b Owner LP
—
Deed Of Trust
related
$53,050,000 · Other Institutional Lenders
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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