Add Listing
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

    7815 Armour St San Diego, CA 92111-3715

    • Specialty properties
    • 3,334 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-8331762
    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

    • American Legion Post 460 / Advocacy Group / Social Service Agency

    Property Details for 7815 Armour St

    Year built
    1960
    Lot size
    0.38 lot acres
    Property size
    3,334 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Specialty properties
    APN
    356-300-60-00
    APU
    3563006000

    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
    -117.154
    Latitude
    32.8197
    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
    $2,040
    $62,484
    $100,767
    $163,251
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.50 Acres

      7833 Linda Vis Rd

      COMMERCIAL MISC • 0.50 Acres
      7833 Linda Vis Rd, San Diego, CA 92111-5104
      View Details
    • Value Estimation by Request
      7,037 SF

      4602 Mercury St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 7,037 SF
      4602 Mercury St, San Diego, CA 92111-2410
      View Details
    • Value Estimation by Request
      1.66 Acres

      7620 Convoy Ct

      COMMERCIAL MISC • 1.66 Acres
      7620 Convoy Ct, San Diego, CA 92111-1104
      View Details
    • Value Estimation by Request
      36.20 Acres

      1954 Komet Way

      COMMERCIAL MISC • 36.20 Acres
      1954 Komet Way, San Diego, CA 92111-5743
      View Details
    • Value Estimation
      $2,030,000
      43,029 SF

      4984 Shawline St

      PROFESSIONAL CLUBS/ASSOCIATIONS • 43,029 SF
      4984 Shawline St, San Diego, CA 92111-1426
      View Details
    • Value Estimation by Request
      0.53 Acres

      7245 Linda Vis Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS • 0.53 Acres
      7245 Linda Vis Rd, San Diego, CA 92111-6106
      View Details

    Similar Nearby for Sale

    • $6,500,000

      Kearny Mesa Investment Opportunity

      Located in Clairmont Re-Development Corridor, suitable for senior living.
      5560 Kearny Mesa Rd, San Diego, CA 92111
      View Details
    • Contact for pricing

      Convoy Street Land Opportunity

      Three parcels totaling ±1.34 acres on Convoy Street.
      4125 Convoy St, San Diego, CA 92111
      View Details
    • $1,899,999

      Linda Vista Multifamily Property

      Multi-family property in Linda Vista neighborhood, San Diego.
      2173-81 Burroughs St, San Diego, CA 92111
      View Details
    • $1,799,000

      Linda Vista Multifamily Investment Opportunity

      Multifamily property in Linda Vista with significant investment potential.
      6555-57 Lanston St, San Diego, CA 92111
      View Details
    • $10,505,664
      28,704 SF

      Convoy Court Office Building

      San Diego Office Building, 28,704 SF
      7071 Convoy Ct, San Diego, CA 92111
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,091 SF

      Kearny Mesa Retail Opportunity

      Retail and restaurant spaces available in renovated Kearny Mesa center.
      8340 Clairemont Mesa Blvd, San Diego, CA 92111
      View Details
    • Contact for pricing
      2,240 SF

      Kearny Mesa Flex/Industrial Space

      Flex/industrial space in central San Diego with highway access.
      5644 Kearny Mesa Rd, San Diego, CA 92111
      View Details
    • $41,000

      Kearny Mesa Office/Flex/Retail Spaces

      Multiple suites available in prime Kearny Mesa location.
      7955 Raytheon Rd, San Diego, CA 92111
      View Details
    • Contact for pricing
      12,000 SF

      Fully Leased Retail Property

      Retail property in San Diego, currently 100% leased.
      7323 Convoy Ct, San Diego, CA 92111
      View Details
    • Contact for pricing
      1,760 SF

      San Diego Flex/Industrial Space

      Flex/Industrial space available for lease in San Diego, CA.
      8250 Vickers St, San Diego, CA 92111
      View Details
    • Contact for pricing
      2,452 SF

      Kearny Mesa Medical Office Space

      Medical office space in a convenient Kearny Mesa location.
      3750 Convoy St, San Diego, CA 92111
      View Details

    Property Visit Statistics

    • Visits by month
      10.2k
    • Visitors by month
      10.2k
    • Avg Time on site
      12 min
    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.
    7815 Armour St
    San Diego, CA 92111-3715
    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.
    Sign Up Successful!
    You now have access to more from Realmo!