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Property profile & analytics
FOR SALE
Retail space
6020 Cornerstone Ct West San Diego, CA 92121
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7299182
For Sale
1 / 6
$10,802,500
6020 Cornerstone Ct West, San Diego, CA 92121
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Total area
44,179 SF
Lot
1.58 ac (68,824 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
341-370-20-00
UPID
US09-7299182
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
-
SpineMark Medical Clinic
-
Curology Medical Clinic Skin Care Clinic
-
Motive Interactive (Bike/Boat/Book/etc) Store Corporate Office
-
F&E LLP Law Firm
-
DrPRP America LLC. Home Health Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.08M
Owner & transaction history
Sobrante Properties LLC · 7 yrs held
Sobrante Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · 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
$183 / 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
$129,067
Tax year 2024
Assessed value
$10,462,512
Assessed 2024
Previous assessed
$10,462,512
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,827,760
Assessed improvement
$6,634,752
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1987
Heating
NONE
Units
1
Total area
44,179 SF
Lot
1.58 ac (68,824 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
341-370-20-00
UPID
US09-7299182
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · 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
1987
Heating
NONE
Units
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
Sobrante Properties LLC
Entity
Mailing address
171 MAIN ST #280, LOS ALTOS, CA 94022-2912
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Apr 8, 2019
$9,540,000
Sobrante Properties LLC
Cornerstone Office Center LLC
Grant Deed
—
Sep 29, 2017
—
Cornerstone Office Center LLC
—
Grant Deed
related
$150,000,000 · Bank Of America
Dec 3, 2014
—
Cornerstone Office Center LLC
—
Loan Modification
related
$65,725,000 · Ge Cap Bk
Aug 12, 2011
$5,531,000
Cornerstone Office Center LLC
Gre Cornerstone LLC
Grant Deed
—
Jul 14, 2006
$9,150,000
Gre Cornerstone LLC
W9/pc
Grant Deed
—
Mar 4, 1998
$5,540,000
W9/pc LP
Willims Properties I LLC
Grant Deed
—
Aug 31, 1989
—
Cornerstone Equi
—
Deed Of Trust
related
—
—
—
Cornerstone Equi
—
Deed Of Trust
related
$471,000 · Union Bank
—
—
Cornerstone Equi
—
Deed Of Trust
related
$400,000 · First La Mesa Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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