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Property profile & analytics
FOR LEASE
Industrial land

8888 Balboa Ave San Diego, CA 92123

1,575 SF 5.55 ac lot Built 1968
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7191227
Property summary
AI-generated overview

This exceptional Class A property, located at 8888 Balboa Avenue in San Diego, California, presents a unique opportunity for a single tenant. Boasting a substantial 123,492 square feet of space, this two-story building offers a versatile combination of executive office and industrial warehouse functionality. The building features a remarkable 36-foot ceiling height, ideal for various storage and operational needs. Logistics are streamlined with 20 dock-high doors and a single drive-in door, ensuring efficient loading and unloading. Power is robust, with a 3,000-amp service and a 4,000-amp pull section, accommodating high-demand operations. Situated in San Diego County, zip code 92123, this property is strategically located for optimal access to transportation networks and key business hubs. The property is currently entirely vacant, providing immediate occupancy for a qualified tenant. This single-tenant building offers unparalleled flexibility and scale, making it an ideal solution for businesses seeking a modern, efficient, and expansive workspace in a prime San Diego location. The property type is classified as Office and Industrial, with subtypes including Executive Office, Warehouse, and Distribution, catering to a wide range of operational requirements.

Property profile
Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1968
Total area 1,575 SF
Lot 5.55 ac (241,758 SF)
Zoning code INDUSTRIAL (M ZONE)
APN 369-150-19-00
UPID US09-7191227
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
  • San Diego | Plumbing Repairs Plumbing Service General Contractor
  • Ssubi Is Hope / Green Med Sales Project Medical Supply Store
  • ENVI High School
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Rexford Industrial 8888 Balboa LLC · 5 yrs held
Rexford Industrial 8888 Balboa LLC
since 2021
Last sale
$19.8M
6 recorded transactions
2021
$19.8M
2018
$15.5M
2005
$13.0M
2003
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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