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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Medical Office Space
8300 University Ave La Mesa, CA 91942-9323
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9156150
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1956
Total area
2,194 SF
Lot
0.17 ac (7,234 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
494-160-19-00
UPID
US09-9156150
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
-
Natural Healing Energy Therapeutic Bodywork and Massage Alternative Medicine Practice Spa & Massage Center
-
Stressage Therapy Alternative Medicine Practice Spa & Massage Center
-
McDowell Family Chiropractic Inc. Alternative Medicine Practice
-
Steiger Chiropractic Alternative Medicine Practice
-
Five Elements Acupuncture Center Medical Clinic Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
$635k
Comparable Approach
Comparable
$387k
Blend (final)
Blend
$590k
Owner & transaction history
Gary Micahael Mcdowell · 2 yrs held
Gary Micahael Mcdowell
since 2023
Last sale
$528,000
4 recorded transactions
Zoning & alternative use
RESTRICTED COMMERCIAL · La Mesa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$915,000
+1.2%
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 La Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Mesa 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
$675,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
$690,000
6.5%
$635,000
7%
$590,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$905,000
Current use
RETAIL STORES
$915,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$840,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$790,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $528k (Sep 21 2023)
Last sale anchor
$528k
Sep 21 2023
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
$269 / 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
$8,310
Tax year 2024
Assessed value
$668,179
Assessed 2024
Previous assessed
$668,179
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$404,958
Assessed improvement
$263,221
Applied tax rate
5.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1956
Heating
NONE
Units
1
Total area
2,194 SF
Lot
0.17 ac (7,234 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
494-160-19-00
UPID
US09-9156150
Jurisdiction
SAN DIEGO
Zoning & alternative use
RESTRICTED COMMERCIAL · La Mesa, CA
Zoning RESTRICTED COMMERCIAL · permitted uses
RESTRICTED COMMERCIAL · La Mesa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Mesa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$905,000
RETAIL STORES
Est. value
$915,000
AUTO REPAIR, GARAGE
Est. value
$840,000
OFFICE BUILDING
Est. value
$790,000
MEDICAL BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Units
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Gary Micahael Mcdowell
Individual
Free & Clear · 2 yrs held
Mailing address
762 SOUTHGARDE RD, APLINE, CA 91907
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2023
—
Gary Micahael Mcdowell
Gary Mcdowell
Intrafamily Transfer
related
—
Mar 1, 2010
$528,000
Gary Mcdowell
Conlin R C & G J Family Trust
Grant Deed
$523,000 · Conlin R C & G J Family Trust
Feb 5, 2002
—
Robert C Etal Conlin
Conlin,gloria J
Quit Claim Deed
related
—
Jun 27, 1988
$80,000
Robert C Conlin
La Mesa Dev Corp
Grant Deed
—
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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