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

    6755 Mira Mesa Blvd San Diego, CA 92121

    • Community centers
    • 25,678 SF
    • 1.52 lot acres
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7197773
    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

    • The UPS Store / Shredding Service / Notary Public
    • Evelyn G Lagda, DDS / Denture Care Center / Endodontist
    • Concrete Polishing and Staining / Concrete Contractor
    • A+ Family Dentistry / Dentist / Cosmetic Dentist
    • Cognitive Therapy and Training Center, Inc / Family Counselor / Career Guidance Service

    Property Details for 6755 Mira Mesa Blvd

    Year built
    1989
    Lot size
    1.52 lot acres
    Property size
    25,678 SF
    Zone code
    COMMERCIAL
    Property type
    Community centers
    APN
    341-041-34-00
    APU
    3410413400

    Description

    Plaza Sorrento offers exceptional retail opportunities in San Diego County. Four spaces are currently available, ranging from a minimum of 540 square feet to a maximum contiguous space of 4,928 square feet. A total of 14,690 square feet is currently vacant, providing flexibility for various retail concepts, including storefronts and restaurants. The property is designated as a multi-tenant building, ideal for businesses seeking a vibrant and shared commercial environment. Please note that the provided square footage is subject to change based on architectural plans, landlord decisions, or governmental agency directives. The building's layout, improvements, parking, and access points are also subject to modification. Any tenant mentioned in previous marketing materials is subject to change without notice. This property presents a unique chance to establish a presence in a dynamic San Diego County location. Contact us today to learn more about lease terms and availability for these prime retail spaces. The information provided is for illustrative purposes only and should not be considered a representation or guarantee of any specific details.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.173
    Latitude
    32.9062
    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
    $114,496
    $4,619,130
    $4,619,130
    $9,238,260
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $15,070,000
      40,592 SF

      6715 Mira Mesa Blvd, Unit 55

      MINI-MALL • 40,592 SF
      6715 Mira Mesa Blvd, San Diego, CA 92121-4379
      View Details
    • Value Estimation
      $9,325,000
      28,820 SF

      10066 Pacific Hts Blvd, Unit 68

      SHOPPING CENTER, STRIP CENTER • 28,820 SF
      10066 Pacific Hts Blvd, San Diego, CA 92121-4211
      View Details
    • Value Estimation
      $6,140,000
      37,250 SF

      9430 Scranton Rd, Unit 50

      SHOPPING CENTER, STRIP CENTER • 37,250 SF
      9430 Scranton Rd, San Diego, CA 92121-4741
      View Details
    • Value Estimation
      $7,960,000
      19,493 SF

      6785 Mira Mesa Blvd

      SHOPPING CENTER, STRIP CENTER • 19,493 SF
      6785 Mira Mesa Blvd, San Diego, CA 92121-4360
      View Details
    • Value Estimation by Request
      39,438 SF

      11839-11855 Sorrento Valley Rd

      Individual retail properties • 39,438 SF
      11839-11855 Sorrento Valley Rd, San Diego, CA 92121
      View Details
    • Value Estimation by Request
      541.69 Acres

      Mcas Miramar

      RESTAURANT • 541.69 Acres
      Mcas Miramar, San Diego, CA 92121
      View Details

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    Similar Nearby for Lease

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      Mixed-use center with high street exposure on Miramar Road.
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      Retail Center with Highway Visibility

      Prominent retail center with exceptional highway visibility.
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      Retail Space on Miramar Road

      Retail space available in mixed-use shopping center.
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      Retail and Office Space Available

      Retail and office spaces for rent in a vibrant shopping center.
      10066-10068 Pacific Heights Blvd, San Diego, CA 92121
      View Details
    • Contact for pricing
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      Retail Space on Mira Mesa

      Retail space available for lease in San Diego, CA.
      6715 Mira Mesa Blvd, San Diego, CA 92121
      View Details
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    San Diego, CA 92121
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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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