Back to Search
Property profile & analytics
FOR LEASE
Office buildings
8880 Rio San Diego Dr San Diego, CA 92108
Entity Owned
25-yr Hold
~
Est. High Equity
Property ID
US09-8828179
For Lease
1 / 2
$3,655,000
8880 Rio San Diego Dr, San Diego, CA 92108
View Listing →
Property summary
AI-generated overview
This exceptional executive office space in Mission Valley, San Diego, offers four individual suites, perfect for businesses seeking a prestigious address. Located at 8880 Rio San Diego Drive, 8th Floor, San Diego, CA 92108, this property boasts a total of 574 square feet, with each suite ranging from a minimum of 100 square feet to a maximum contiguous space of 180 square feet. Currently, all 574 square feet are vacant and immediately available for lease. The building features a multi-tenant configuration, providing a collaborative and professional environment. The property's prime location in Mission Valley offers unparalleled convenience, with easy access to the Westfield Mission Valley Mall and a variety of nearby shops and restaurants. Enjoy breathtaking views of the surrounding bluffs and valley. This is an ideal opportunity for businesses seeking a well-appointed, centrally located office space in the heart of San Diego. The property is situated in San Diego County and offers a highly desirable address for businesses of all sizes. All suites are ready for immediate occupancy.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1989
Total area
9,999 SF
Lot
7.82 ac (340,639 SF)
Zoning code
COMMERCIAL
APN
438-051-07-00
UPID
US09-8828179
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
-
Ian Barron - Lawyers Title Title Company
-
Robindra Paul MD, DPH, MBA Pharmacy
-
Farmers Insurance - Mark Boutros Insurance Agency
-
Covered California Certified Agent Insurance Agency
-
Law Office Of Attorney Rayana Thomas Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.17M
Comparable Approach
Comparable
$3.03M
Blend (final)
Blend
$3.66M
Owner & transaction history
Hyundai Rio Vista INC · 25 yrs held
Hyundai Rio Vista INC
since 2000
4 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$5.8M
+33.6%
Retail stores
$4.8M
+10.4%
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%
$3,430,000
6.5%
$3,170,000
7%
$2,940,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,355,000
Current use
MEDICAL BUILDING
$5,820,000
Change: +34% · Conversion: Easy
RETAIL STORES
$4,810,000
Change: +10% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,020,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,855,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$3.66M
Range $3.29M – $4.02M · ±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
$366 / 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
$356,873
Tax year 2024
Assessed value
$29,034,131
Assessed 2024
Previous assessed
$29,034,131
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$9,880,774
Assessed improvement
$19,153,357
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1989
Heating
NONE
Units
1
Total area
9,999 SF
Lot
7.82 ac (340,639 SF)
Zoning code
COMMERCIAL
APN
438-051-07-00
UPID
US09-8828179
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$4.4M
MEDICAL BUILDING
Est. value
$5.8M
RETAIL STORES
Est. value
$4.8M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.9M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1989
Heating
NONE
Units
1
Lot
7.82 ac
Current owner
From public records · entity-resolved
Hyundai Rio Vista INC
Entity
Mailing address
8880 RIO SAN DIEGO DR STE #310, SAN DIEGO, CA 92108-1637
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2000
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
Mar 8, 2011
—
Hyundai Rio Vista INC
—
Deed Of Trust
related
$15,500,000 · Shinhan Bank
Dec 11, 2000
—
Hyundai Rio Vista INC
Hyundai Precision America,
Quit Claim Deed
related
—
Feb 1, 1995
$16,800,000
Hyundai Precision America INC
Mission Valley Development Co
Grant Deed
—
—
—
Hyundai Rio Vista INC
—
Deed Of Trust
related
$18,275,000 · Wells Fargo Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
