Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    6740 Cobra Way San Diego, CA 92121-4101

    • Manufacturing properties
    • 9,999 SF
    • 3.41 lot acres
    OFF-MARKET
    Value Estimations
    $375,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8933427
    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

    • MAD ENGINE LLC. / Manufacturer
    • Mad Engine Global / Manufacturer

    Property Details for 6740 Cobra Way

    Year built
    1998
    Lot size
    3.41 lot acres
    Property size
    9,999 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Manufacturing properties
    APN
    311-451-09-00
    APU
    3114510900

    Description

    This exceptional 100,630-square-foot industrial flex space at 6740 Cobra Way in San Diego, CA, presents a unique opportunity for businesses seeking versatile and high-quality accommodations. The property, built in 1998, sits on a 7.29-acre lot and offers a range of options for tenants, with spaces divisible down to 5,800 square feet and contiguous space available up to 42,200 square feet. Currently, 48,000 square feet is available for lease. The building boasts a 22-foot ceiling height, ideal for various industrial and storage needs. One dock-high door provides efficient loading and unloading capabilities. Ample parking is provided, with a 3-space per 1,000 square feet ratio. The property features robust power infrastructure, including 1,600 amps, 480/277 volts, and 3-phase power. The IL-2-1 zoning ensures flexibility for a wide array of business uses. Located in San Diego, CA, 92121, this property offers excellent access to major transportation routes and a thriving business community. This high-image industrial/flex space is perfect for companies seeking a modern, efficient, and well-located facility. The property's size and features make it suitable for a variety of businesses, from light manufacturing and distribution to warehousing and office space. Don't miss this chance to secure prime industrial space in a desirable San Diego location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $375,000

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

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.174
    Latitude
    32.9118
    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
    $158,920
    $3,250,071
    $9,632,587
    $12,882,658
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $250,000
      0.03 Acres

      Mira Mesa Blvd

      MANUFACTURING (LIGHT) • 0.03 Acres
      Mira Mesa Blvd, San Diego, CA 92121
      View Details
    • Value Estimation
      $350,000
      3.80 Acres

      4767 Nexus Ctr Dr

      MANUFACTURING (LIGHT) • 3.80 Acres
      4767 Nexus Ctr Dr, San Diego, CA 92121-3051
      View Details
    • Value Estimation
      $115,000
      3.63 Acres

      4780 Eastgate Mall

      MANUFACTURING (LIGHT) • 3.63 Acres
      4780 Eastgate Mall, San Diego, CA 92121-2062
      View Details
    • Value Estimation
      $930,000
      38,512 SF

      8830 Rehco Rd

      MANUFACTURING (LIGHT) • 38,512 SF
      8830 Rehco Rd, San Diego, CA 92121-3263
      View Details
    • Value Estimation
      $770,000
      9,999 SF

      10770 Science Ctr Dr

      MANUFACTURING (LIGHT) • 9,999 SF
      10770 Science Ctr Dr, San Diego, CA 92121-1151
      View Details
    • Value Estimation
      $650,000
      33,200 SF

      10285 Science Ctr Dr

      MANUFACTURING (LIGHT) • 33,200 SF
      10285 Science Ctr Dr, San Diego, CA 92121-1117
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      92,262 SF

      Industrial Manufacturing Building in San Diego

      92,262 SF industrial manufacturing building on 4.25 AC.
      7545 Carroll Rd, San Diego, CA 92121
      View Details
    • Contact for pricing
      18,756 SF

      Industrial Warehouse with Dock Doors

      18,756 SF industrial warehouse featuring dock and grade doors.
      6130 Nancy Ridge Dr, 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
    • $4,300,000
      9,000 SF

      San Diego Warehouse For Sale

      9,000 SF warehouse/industrial property in San Diego, California.
      8575 Miramar Pl, San Diego, CA 92121
      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
    • 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
      View Details

    Similar Nearby for Lease

    • $28 SF/Yr
      6,263 SF

      San Diego Flex Space For Lease

      Versatile San Diego Office/Industrial Space
      9865 Mesa Rim Rd, San Diego, CA 92121
      View Details
    • $21 SF/Yr
      49,714 SF

      Fountain Plaza: San Diego Office Space

      Prime San Diego Office & R&D Space Available
      6042-6048 Cornerstone Ct, San Diego, CA 92121
      View Details
    • $2 SF/Yr
      111,004 SF

      Sorrento Valley Tech Park Office Space

      Modern San Diego office & R&D space available
      10110 Sorrento Valley Rd, San Diego, CA 92121
      View Details
    • $24 SF/Yr
      13,000 SF

      Sorrento Valley Creative Office Space

      13,000 SF Office/Industrial Building
      3323 Carmel Mountain Rd, San Diego, CA 92121
      View Details
    • Contact for pricing
      11,142 SF

      Sorrento Valley Flex / Industrial Space

      11,142 SF flex/industrial space in Sorrento Valley, San Diego.
      11408 Sorrento Valley Rd, San Diego, CA 92121
      View Details
    • Contact for pricing
      39,134 SF

      Industrial Warehouse Space Available

      39,134 SF warehouse space for lease in San Diego.
      9393 Waples St, San Diego, CA 92121
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6740 Cobra Way
    San Diego, CA 92121-4101
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.