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Property profile & analytics
FOR SALE
Grocery and convenience stores
711 University Ave San Diego, CA 92103
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8236073
For Sale
1 / 12
$34,000,000
711 University Ave, San Diego, CA 92103
View Listing →
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1997
Total area
28,000 SF
Lot
0.71 ac (30,775 SF)
Zoning code
COMMERCIAL
APN
452-093-03-00
UPID
US09-8236073
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
-
Whole Foods Market Grocery & Convenience Store Food Market
-
Iya Oaxaca! Restaurant
-
Volta Charging Station Electric Vehicle Charging Station
-
711 University Ave Garage Parking Lot & Garage
-
WFM Coffee & Juice Bar Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.40M
Comparable Approach
Comparable
$6.15M
Blend (final)
Blend
$9.21M
Owner & transaction history
711 University Avenue LLC · 20 yrs held
711 University Avenue LLC
since 2006
7 recorded transactions
Zoning & alternative use
COMMERCIAL · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$11,265,000
6.5%
$10,400,000
7%
$9,655,000
Blend value · Realmo final
$9.21M
Range $8.29M – $10.13M · ±10%
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
$329 / 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
$140,115
Tax year 2024
Assessed value
$11,388,217
Assessed 2024
Previous assessed
$11,388,217
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$8,038,745
Assessed improvement
$3,349,472
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
For Sale
Year built
1997
Heating
NONE
Units
1
Total area
28,000 SF
Lot
0.71 ac (30,775 SF)
Zoning code
COMMERCIAL
APN
452-093-03-00
UPID
US09-8236073
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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
1997
Heating
NONE
Units
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
711 University Avenue LLC
Entity
Mailing address
20 GOLF RD, PLEASANTON, CA 94566-9750
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
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
Jan 26, 2017
—
711 University Avenue LLC
—
Deed
related
$7,850,000 · Thrivent Fin'l/lutherans
Mar 21, 2006
—
711 University Avenue LLC
Vp Investments
Grant Deed
$7,000,000 · Morgan Stanley Credit Corp
May 12, 1998
$7,000,000
V P Investments Cons42 V
—
Grant Deed
related
—
Mar 5, 1998
$7,000,000
Food Partners LLC
Capital & Counties U S A
Grant Deed
—
Oct 31, 1995
—
Capital & Counties USA INC
Whba Real Estate LP
Grant Deed
related
—
Jun 13, 1995
$1,282,876
Whba Real Estate LP
Aladray,adnan & Marlene G
Trustees Deed
—
Oct 7, 1991
—
Aladray Adnan
—
Deed Of Trust
related
—
—
—
711 University Avenue LLC
—
Deed Of Trust
related
$7,625,000 · California Coast Cu
—
—
711 University Avenue LLC
—
Deed Of Trust
related
$7,850,000 · Thrivent Fin'l/lutherans
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.
Try Rey
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