Individually Owned 
For Sale
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7051 Alvarado Rd, La Mesa, CA 91942
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Property summary
AI-generated overview
This exceptional two-story, Class B medical office building in La Mesa, California, offers 10,000 square feet of space with two available suites. The building features a total of 45 parking spaces and a convenient elevator. Suites range from a minimum of 2,500 square feet to a maximum contiguous space of 5,000 square feet, providing flexibility for various business needs. One 2,500 square foot suite is located on the first floor, and a 5,000 square foot suite is available on the second floor. The property boasts a highly visible location off Interstate 8 and 70th Street, with approximately 170,000 cars passing daily. Its proximity to a freeway exit allows for excellent signage opportunities. Situated in a thriving medical corridor, the building is surrounded by other medical facilities, hospitals, and office buildings, and is within walking distance of restaurants and the 70th Street Trolley Station. The building is fully built out as a medical office, complete with a waiting room, reception area, and private exam rooms. The 0.88-acre lot is located in San Diego County, CA, zip code 91942. This property presents a unique opportunity for medical practices or businesses seeking a well-appointed space in a highly desirable location.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Total area
9,935 SF
Lot
0.39 ac (17,170 SF)
Zoning code
COMMERCIAL
APN
469-011-29-00
UPID
US09-7221429
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Real Estate Agency
-
Pediatrician Physician
-
Medical Clinic
-
Physician
-
Physician
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.89M
Owner & transaction history
since 2026
7 recorded transactions
Zoning & alternative use
COMMERCIAL · La Mesa, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.89M
Value range
$1.70M – $2.08M
±10% around blend
Estimated value / SF
$190 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
60
Income certainty
100
$1.70M
blend $1.89M
$2.08M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,935 SF
Lot area
0.39 ac
Year built
1980
APN
469-011-29-00
Zoning
COMMERCIAL
Assessed value
$1,929,740
Annual tax
$26,267
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.40M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.60M
@ 6.5% CAP return
$2.40M
@ 7% CAP return
$2.23M
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$26,267
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$4.30M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
4.1 mi away · 8,550 SF
4.2 mi away · 6,983 SF
5.4 mi away · 8,640 SF
7.8 mi away · 10,000 SF
8.0 mi away · 12,400 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.89M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 64 sales
$417
-54%
Submarket 79 sales
$406
-53%
County 2035 sales
$420
-55%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $190/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
3.33%
Selected cap rate for this retail space
Derived from the La Mesa market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 3.33%
9.0%
NOI (est.)
$231k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.95M
Move the market yield to see immediate price impact.
Value / SF
$699
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2.83%3.33%3.83%
$208k
$7.36M
$6.25M
$5.44M
$231k
$8.18M
$6.95M
$6.04M
$255k
$8.99M
$7.64M
$6.65M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$2.18M
1.9 mi · Oct 2025 · $308/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$26,267
Tax year 2024
Assessed value
$1,929,740
Assessed 2024
Previous assessed
$1,929,740
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$781,182
Assessed improvement
$1,148,558
Applied tax rate
5.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1980
Heating
NONE
Units
1
Total area
9,935 SF
Lot
0.39 ac (17,170 SF)
Zoning code
COMMERCIAL
APN
469-011-29-00
UPID
US09-7221429
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · La Mesa, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · La Mesa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Units
1
Lot
0.39 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
COMMERCIAL
Jurisdiction
La Mesa, CA
Recorded code
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for COMMERCIAL in La Mesa, CA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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