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Property profile & analytics
OFF-MARKET
Estimated value
$4,050,000
Office Spaces
6920 Miramar Rd, San Diego, CA 92121-2632
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8844222
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1980
Total area
32,774 SF
Lot
1.84 ac (79,963 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
343-050-81-01
UPID
US09-8844222
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
-
Best Electrical San Diego Electrical Service General Contractor
-
Computers Etc. Software Training Center, Inc. Vocational School Training Center
-
San Diego Mesothelioma Lawyer Team Law Firm
-
DIP Financial Services Loan Service
-
Ethical H2O General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.74M
Blend (final)
Blend
$4.05M
Owner & transaction history
6920 Miramar Road LLC · 1 yrs held
6920 Miramar Road LLC
since 2024
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, 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 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
$4,050,000
ML approach
$4,050,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.05M
Range $3.65M – $4.46M · ±10% · vs last sale $4.05M (Jul 1 2024)
Last sale anchor
$4.05M
Jul 1 2024
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
$124 / 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
$49,913
Tax year 2024
Assessed value
$4,050,000
Assessed 2024
Previous assessed
$4,050,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,662,000
Assessed improvement
$2,388,000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1980
Heating
NONE
Units
1
Total area
32,774 SF
Lot
1.84 ac (79,963 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
343-050-81-01
UPID
US09-8844222
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Units
1
Lot
1.84 ac
Current owner
From public records · entity-resolved
6920 Miramar Road LLC
Entity
Mailing address
9351 LA JOLLA FARMS RD, LA JOLLA, CA 92037-1126
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2024
$4,050,000
6920 Miramar Road LLC
Courtney F Buse
Grant Deed
—
Jun 21, 2022
—
Ap Wireless Investments I LLC
—
Deed
related
$165,000,000 · Deutsche Bank Trust Co Americas
Aug 14, 2018
$5,950,000
Courtney F Buse
Miramar Park Condos LLC
Grant Deed
$29,000,000 · Wells Fargo Bank NA
Jul 10, 2006
$7,900,000
Miramar Park Condos LLC
Whittaker Lauderdale Reef Vi
Grant Deed
$5,495,000 · Cathay Bank
May 1, 2001
$3,950,000
Lauderale Reef Vi LP Whittaker
Miramar Road Associates LLC
Grant Deed
$2,850,100 · Washington Mutual Fsb
Dec 11, 2000
—
Miramar Road Associates LLC
—
Deed Of Trust
related
$2,340,000 · Southern Pacific Bank
—
—
Miramar Park Condos LLC
—
Deed Of Trust
related
$3,360,000 · Cathay Bank
—
—
Miramar Park Condos LLC
—
Loan Modification
related
$2,100,000 · Cathay Bk
—
—
6920 Miramar Road Assoc
—
Deed Of Trust
related
$1,550,000 · La Jolla Loans INC
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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