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Property profile & analytics
OFF-MARKET
Estimated value
$1,635,000
Medical Office Space
8893 La Mesa Blvd La Mesa, CA 91942-5448
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7238047
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Total area
6,464 SF
Lot
0.32 ac (13,767 SF)
Zoning code
COMMERCIAL
APN
494-840-07-00
UPID
US09-7238047
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
-
Zen Massage Alternative Medicine Practice Spa & Massage Center
-
FSA Tax Service Accounting Firm Tax Preparation
-
Healing Essence Acupuncture Spa & Massage Center Alternative Medicine Practice
-
Great Smiles of La Mesa Dental Office
-
D & P Services Inc: Bullock Robert A MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.74M
CAP Approach
CAP
$1.88M
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.64M
Owner & transaction history
Ntn Holdings LLC · 5 yrs held
Ntn Holdings LLC
since 2020
Last sale
$1.4M
6 recorded transactions
Zoning & alternative use
COMMERCIAL · La Mesa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.7M
+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
$1,695,000
ML approach
$1,740,000
CAP Approach
CAP Return
Estimation
6%
$2,035,000
6.5%
$1,875,000
7%
$1,740,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,660,000
Current use
RETAIL STORES
$2,695,000
Change: +1% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,470,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$2,330,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±10% · vs last sale $1.35M (Dec 22 2020)
Last sale anchor
$1.35M
Dec 22 2020
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
$253 / 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
$17,548
Tax year 2024
Assessed value
$1,432,630
Assessed 2024
Previous assessed
$1,432,630
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$583,664
Assessed improvement
$848,966
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
1981
Heating
NONE
Units
1
Total area
6,464 SF
Lot
0.32 ac (13,767 SF)
Zoning code
COMMERCIAL
APN
494-840-07-00
UPID
US09-7238047
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · La Mesa, CA
Zoning COMMERCIAL · permitted uses
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
$2.7M
RETAIL STORES
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.3M
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
1981
Heating
NONE
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Ntn Holdings LLC
Entity
Mailing address
5930 QUIET SLOPE DR, SAN DIEGO, CA 92120-2021
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2020
$1,350,000
Ntn Holdings LLC
Liebermensch 2010 Property Holdings
Grant Deed
$1,560,000 · First Citizens Bank & Trust Co
Nov 18, 2020
—
Liebermensch 2010 Prop Hldgs L
Liebermensch Family Ptshp LP
Quit Claim Deed
related
—
Sep 22, 2010
—
Liebermensch 2010 Prop Hldgs
Liebermensch,morris
Quit Claim Deed
related
—
Jun 15, 2010
—
Shari F Jacobson
Liebermensch,morris
Quit Claim Deed
related
—
May 5, 2010
—
Morris Liebermensch
Liebermensch Family Ptshp LP
Quit Claim Deed
related
—
Jan 31, 2000
$240,000
Liebermensch Family LP
Zaks,mike & Gussie
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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