Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8277 La Mesa Blvd La Mesa, CA 91942-5248
    Back to Search
    Property profile & analytics

    8277 La Mesa Blvd, La Mesa, CA 91942-5248

    View on Map
    • Retail space
    • 2,500 SF
    • 0.06 lot acres
    Off-Market
    Last Sale Nov 22, 2022
    $1,500,000
    Property ID
    US09-9157514
    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.
    Value Estimations
    $1,485,000
    Show details
    Cap Rate Potential
    2.6%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Team DPA at Western Capital Mortgage / Loan Service / Bank
    • Home By Design - Lorelei Taylor / Interior Design / Home Decor Store
    • Coldwell Banker West: La Mesa / Real Estate Agency
    • Luke Wasyliw - Coldwell Banker West / Real Estate Agency
    • Todd Steinhardt - Realtor / Real Estate Agency

    Property Details for 8277 La Mesa Blvd

    Year built
    1932
    Lot size
    0.06 lot acres
    Zone code
    COMMERCIAL
    Property type
    Retail space
    APN
    494-403-03-00
    APU
    4944030300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 22, 2022 $1,500,000 Mark D Hunter Pyal Holdings LLC Grant Deed —
    Oct 13, 2022 $1,200,000 Pyal Holding LLC 8277 La Mesa Blvd LLC Grant Deed $960k · 8277 La Mesa Blvd LLC
    Aug 9, 2017 — 8277 La Mesa Blvd LLC Mcdonald Mary J 2000 Trust Quit Claim Deed · related —
    Feb 12, 2004 $150,000 8277 La Mesa Blvd LLC Windmill Construction Co INC Grant Deed $85k · Windmill Construction Co INC
    May 7, 2001 — Mary J Etal Mcdonald Mcdonald,mary J Quit Claim Deed · related —
    Jun 22, 2000 — Patrick G Mcdonald Mcdonald,sharon Quit Claim Deed · related —
    Jun 22, 2000 $153,500 Mcdonald,mary J Mcdonald,mary J Trustees Deed · related $123k · Individual

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,490,000
      ML approach
      $1,465,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,477,000
      Market price range: $670k - $1.48M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $1,040,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $2,250,000
      Change: +116% Conversion: Moderate
      MEDICAL BUILDING
      $1,030,000
      Change: -1% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $955,000
      Change: -8% Conversion: Difficult
      OFFICE BUILDING
      $900,000
      Change: -13% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    La Mesa
    County
    San Diego
    State
    California
    Longitude
    -117.019
    Latitude
    32.7646
    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
    $18,527
    $714,000
    $816,000
    $1,530,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.64 Acres

      5349 Jackson Dr

      RETAIL STORES (PERSONAL SERVICES)
      5349 Jackson Dr, La Mesa, CA 91942-3039
      View Details
    • Value Estimation by Request
      0.48 Acres

      5540 Lk Murray Blvd

      RETAIL STORES (PERSONAL SERVICES)
      5540 Lk Murray Blvd, La Mesa, CA 91942-4204
      View Details
    • Value Estimation by Request
      2.25 Acres

      8308 Pkwy Dr, Unit 96

      RETAIL STORES (PERSONAL SERVICES)
      8308 Pkwy Dr, La Mesa, CA 91942-2893
      View Details
    • Value Estimation by Request
      0.17 Acres

      7200 University Ave

      RETAIL STORES (PERSONAL SERVICES)
      7200 University Ave, La Mesa, CA 91942-5928
      View Details
    • Value Estimation by Request
      0.15 Acres

      8171 Ctr St

      RETAIL STORES (PERSONAL SERVICES)
      8171 Ctr St, La Mesa, CA 91942-2907
      View Details
    • Value Estimation
      $965,000
      5,322 SF

      5358 Jackson Dr

      RETAIL STORES (PERSONAL SERVICES)
      5358 Jackson Dr, La Mesa, CA 91942-3040
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Prime Retail Opportunity on Jackson

      High-visibility retail property with potential for owner-user or business transfer.
      5270 Jackson Dr, La Mesa, CA 91942
      View Details
    • Contact for pricing
      2,813 SF

      Chevron and Soapy Joe's

      NNN Ground Lease Chevron and Soapy Joe’s Car Wash.
      5322 Jackson Dr, La Mesa, CA 91942
      View Details
    • $6,500,000

      5270 Jackson Dr, La Mesa, CA 91942

      Storefront properties
      5270 Jackson Dr, La Mesa, CA 91942
      View Details
    • Contact for pricing
      18,048 SF

      Mixed-Use Property in La Mesa

      Fully leased mixed-use property with cash flow and redevelopment potential.
      8870-78 La Mesa Blvd, La Mesa, CA 91942
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,400 SF

      La Mesa Retail Space Available

      Retail space available for lease in La Mesa, CA.
      5630-5650 Lake Murray Blvd, La Mesa, CA 91942
      View Details
    • Contact for pricing
      1,552 SF

      Retail Space in La Mesa

      Retail space centrally located in the heart of La Mesa.
      8030-8076 La Mesa Blvd, La Mesa, CA 91942
      View Details
    • Contact for pricing
      1,500 SF

      La Mesa Retail/Office Space

      Retail or office space featuring an open floor plan.
      5276-5282 Baltimore Dr, La Mesa, CA 91942
      View Details
    • Contact for pricing
      5,000 SF

      La Mesa Retail Space Available

      Retail space available for rent in La Mesa, CA.
      8310-8312 La Mesa Blvd, La Mesa, CA 91942
      View Details
    • Contact for pricing

      La Mesa Retail/Medical Space

      Retail or medical space featuring treatment rooms and reception area.
      8702-8716 La Mesa Blvd, La Mesa, CA 91942
      View Details
    • Contact for pricing
      1,800 SF

      Retail/Office Space in La Mesa

      Retail or office space with open floor plan available for rent.
      5260-5266 Baltimore Dr, La Mesa, CA 91942
      View Details
    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.
    8277 La Mesa Blvd
    La Mesa, CA 91942-5248
    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

    Thank You for Inquiry
    8277 La Mesa Blvd, La Mesa, CA, 91942
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!