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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6690 Miramar Rd, Unit 96 San Diego, CA 92121-2558

    • Auto shops
    • 20,454 SF
    • 1.34 lot acres
    OFF-MARKET
    Last Sale
    Apr 27, 2023
    $9,910,000
    Value Estimations
    $9,460,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7299168
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Intoxalock Ignition Interlock / Building Supply / General Contractor
    • Kwon's Auto Repair / Auto Repair Shop
    • Lifesafer Ignition Interlock / Factory / Production Facility
    • Fruhmann Motor Gallery / Auto Repair Shop
    • Mercedes European Motors / Auto Repair Shop

    Property Details for 6690 Miramar Rd

    Year built
    1988
    Lot size
    1.34 lot acres
    Property size
    20,454 SF
    Zone code
    COMMERCIAL
    Property type
    Auto shops
    APN
    343-330-12-00
    APU
    3433301200

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $9,380,000
      ML approach
      $9,400,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,696,000
      Market price range: $4.30M - $12.7M

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $7,880,000
      Current use
      OFFICE BUILDING
      $12,930,000
      Change: +64% Conversion: Difficult
      MEDICAL BUILDING
      $11,910,000
      Change: +51% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $8,720,000
      Change: +11% Conversion: Easy
      WAREHOUSE, STORAGE
      $8,425,000
      Change: +7% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.17
    Latitude
    32.8783
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $77,731
    $4,284,000
    $2,040,000
    $6,324,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,430,000
      27,268 SF

      5725 Eastgate Dr

      AUTO REPAIR, GARAGE • 27,268 SF
      5725 Eastgate Dr, San Diego, CA 92121-2803
      View Details
    • Value Estimation
      $1,170,000
      12,400 SF

      Miracrest Pl

      AUTO REPAIR, GARAGE • 12,400 SF
      Miracrest Pl, San Diego, CA 92121
      View Details
    • Value Estimation
      $680,000
      10,064 SF

      8360 Miramar Pl

      AUTO REPAIR, GARAGE • 10,064 SF
      8360 Miramar Pl, San Diego, CA 92121-2575
      View Details
    • Value Estimation
      $835,000
      10,306 SF

      6255 Marindustry Dr

      AUTO REPAIR, GARAGE • 10,306 SF
      6255 Marindustry Dr, San Diego, CA 92121-2537
      View Details
    • Value Estimation
      $770,000
      16,376 SF

      5750 Autoport Mall

      AUTO REPAIR, GARAGE • 16,376 SF
      5750 Autoport Mall, San Diego, CA 92121
      View Details
    • Value Estimation
      $740,000
      18,800 SF

      8448 Miracrest Pl

      AUTO REPAIR, GARAGE • 18,800 SF
      8448 Miracrest Pl, San Diego, CA 92121-2646
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      16,372 SF

      Turnkey Restaurant on Miramar Road

      Second-generation restaurant for sale on busy Miramar Road.
      7160 Miramar Rd, San Diego, CA 92121
      View Details
    • $4,300,000
      9,000 SF

      San Diego Warehouse For Sale

      9,000 SF warehouse/industrial property in San Diego, California.
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      View Details
    • $2,250,000

      Free Standing Miramar Warehouse Building

      Industrial/warehouse building in Miramar area, suitable for owner/user.
      8615 Commerce Ave, San Diego, CA 92121
      View Details
    • $2,990,000
      7,200 SF

      High-Finish Industrial Opportunity

      7,200 SF industrial property for sale in San Diego.
      8390 Juniper Creek Ln, San Diego, CA 92121
      View Details
    • Contact for pricing
      8,448 SF

      San Diego Industrial Property

      Industrial property with 8,448 square feet of space.
      7120 Carroll Rd, San Diego, CA 92121
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    • Contact for pricing
      92,262 SF

      Industrial Manufacturing Building in San Diego

      92,262 SF industrial manufacturing building on 4.25 AC.
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    Similar Nearby for Lease

    • Contact for pricing
      39,836 SF

      San Diego Auto Repair Shop Space

      Prime San Diego location, 2 spaces available
      7645 Carroll Rd, San Diego, CA 92121
      View Details
    • Contact for pricing
      19,618 SF

      Sorrento Mesa Executive Office Space

      19,618 SF Flex Space Available
      9560 Waples St, San Diego, CA 92121
      View Details
    • $1.75 SF/Yr
      9,375 SF

      Metroplex Business Center: Warehouse Space

      San Diego Warehouse: 4,674 - 9,375 SF Available
      8909 Kenamar Dr, San Diego, CA 92121
      View Details
    • Contact for pricing
      4,540 SF

      Plaza Sorrento Retail Spaces

      San Diego County retail spaces available.
      6755 Mira Mesa Blvd, San Diego, CA 92121
      View Details
    • $27 SF/Yr
      39,438 SF

      Sorrento Valley Retail Center

      Prime San Diego Retail Space Available
      11839-11855 Sorrento Valley Rd, San Diego, CA 92121
      View Details
    • Contact for pricing
      2,750 SF

      Miramar Flex Space Available

      Flex space in Western Miramar, close to I-805 and I-5.
      5260 Eastgate Mall, San Diego, CA 92121
      View Details
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    San Diego, CA 92121-2558
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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