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Property profile & analytics
OFF-MARKET
Estimated value
$12,400,000
Medical Office Space
6035 University Ave San Diego, CA 92115-6341
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6623015
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2020
Total area
15,357 SF
Lot
0.83 ac (36,154 SF)
Zoning code
COMMERCIAL
APN
473-280-33-00
UPID
US09-6623015
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
-
Doolo Medical Transport Freight Service Logistics Company
-
Somali Youth United Inc Charitable Organization Social Service Agency
-
Abdullahi Hussen Social Service Agency Charitable Organization
-
DaVita College Dialysis Medical Clinic
-
South Sudan Economic Development Child Welfare Organization Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.10M
Blend (final)
Blend
$12.40M
Owner & transaction history
Basb 6035 University Avenue LLC · 5 yrs held
Basb 6035 University Avenue LLC
since 2021
Last sale
$12.2M
6 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$15.7M
+75.5%
Restaurant
$13.6M
+52.0%
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
$11,185,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,940,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$15,685,000
Change: +75% · Conversion: Difficult
RESTAURANT
$13,595,000
Change: +52% · Conversion: Difficult
Blend value · Realmo final
$12.40M
Range $11.16M – $13.64M · ±10% · vs last sale $12.16M (Jun 8 2021)
Last sale anchor
$12.16M
Jun 8 2021
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
$807 / 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
$141,629
Tax year 2024
Assessed value
$11,524,729
Assessed 2024
Previous assessed
$11,524,729
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,714,228
Assessed improvement
$7,810,501
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2020
Heating
NONE
Units
1
Total area
15,357 SF
Lot
0.83 ac (36,154 SF)
Zoning code
COMMERCIAL
APN
473-280-33-00
UPID
US09-6623015
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CAZoning 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
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$8.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.7M
RESTAURANT
Est. value
$13.6M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
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
2020
Heating
NONE
Units
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
Basb 6035 University Avenue LLC
Entity
Free & Clear · 5 yrs held
Mailing address
228 W LANDIS AVE STE #300, VINELAND, NJ 08360-8139
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2021
—
Basb 6035 University Avenue LLC
—
Deed
related
$7,690,000 · Bank Of America NA
Jun 8, 2021
$12,160,500
Basb 6035 University Avenue LLC
Centres Sd LLC
Grant Deed
—
Feb 21, 2019
$2,800,000
Centres Sd LLC
Helen C Lee
Grant Deed
$5,780,000 · City National Bank Of Florida
Dec 7, 2015
—
Roy Lee
College Plaza Park LLC
Quit Claim Deed
related
—
Oct 17, 2011
—
College Plaza Park LLC
Lee,roy & Helen C
Quit Claim Deed
related
—
May 3, 2011
$1,000,000
Roy Lee
Odom Fam LP
Grant Deed
—
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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