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Property profile & analytics
OFF-MARKET
Estimated value
$7,260,000
Medical Office Space
660 Bay Blvd Chula Vista, CA 91910-5200
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8786277
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Total area
30,194 SF
Lot
1.51 ac (65,775 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
571-330-20-00
UPID
US09-8786277
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
-
Challenge Financial Services Bank Credit Union
-
Genesis Family Law Law Firm Child Welfare Organization
-
Jeu Tax Services Inc Accounting Firm Tax Preparation
-
Dynamic Network Insurance Services Insurance Agency
-
Pulsar 107.3 FM Radio Station Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.38M
CAP Approach
CAP
$7.13M
Comparable Approach
Comparable
$8.86M
Blend (final)
Blend
$7.26M
Owner & transaction history
Protea Five LLC · 5 yrs held
Protea Five LLC
since 2021
Last sale
$6.1M
3 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Chula Vista, 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 Chula Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chula Vista 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
$8,860,000
ML approach
$8,380,000
CAP Approach
CAP Return
Estimation
6%
$7,725,000
6.5%
$7,130,000
7%
$6,620,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$11,525,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$11,420,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$7.26M
Range $6.53M – $7.99M · ±10% · vs last sale $6.05M (May 27 2021)
Last sale anchor
$6.05M
May 27 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
$240 / 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
$75,192
Tax year 2024
Assessed value
$6,420,307
Assessed 2024
Previous assessed
$6,420,307
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$2,334,657
Assessed improvement
$4,085,650
Applied tax rate
1.0000
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
1988
Heating
NONE
Units
1
Total area
30,194 SF
Lot
1.51 ac (65,775 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
571-330-20-00
UPID
US09-8786277
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Chula Vista, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Chula Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chula Vista. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$11.5M
RETAIL STORES
Est. value
$11.4M
AUTO REPAIR, GARAGE
RETAIL STORES
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
1988
Heating
NONE
Units
1
Lot
1.51 ac
Current owner
From public records · entity-resolved
Protea Five LLC
Entity
Mailing address
3262 HOLIDAY CT STE #100, LA JOLLA, CA 92037-1811
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2021
$6,050,000
Protea Five LLC
Bay Blvd LLC
Grant Deed
—
Sep 14, 2012
—
630/660 Bay Blvd LLC
—
Deed Of Trust
related
$5,500,000 · Great-west Life & Annuity Ins
Nov 28, 2006
—
630/660 Bay Blvd LLC
Foster Properties
Quit Claim Deed
related
—
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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