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Property profile & analytics
OFF-MARKET
Estimated value
$4,245,000
Industrial properties
8913 Complex Dr Ste F San Diego, CA 92123-1413
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-8762699
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1974
Total area
2,437 SF
Lot
7.84 ac (341,673 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
369-110-06-19
UPID
US09-8762699
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
-
Mighty Hydro Factory Industrial Manufacturer
-
M5Hosting Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Domain Services Inc Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.18M
Blend (final)
Blend
$4.25M
Owner & transaction history
Nvnsd LLC · 6 yrs held
Nvnsd LLC
since 2020
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.4M
+74.6%
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
$4,690,000
ML approach
$4,860,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,365,000
Change: +75% · Conversion: Difficult
Blend value · Realmo final
$4.25M
Range $3.82M – $4.67M · ±10% · vs last sale $4.24M (Apr 22 2020)
Last sale anchor
$4.24M
Apr 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
$1,742 / 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
$9,496
Tax year 2024
Assessed value
$770,803
Assessed 2024
Previous assessed
$770,803
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$443,783
Assessed improvement
$327,020
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1974
Heating
NONE
Units
1
Total area
2,437 SF
Lot
7.84 ac (341,673 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
369-110-06-19
UPID
US09-8762699
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · 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
COMMERCIAL (GENERAL)
Est. value
$4.4M
COMMERCIAL (GENERAL)
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
1974
Heating
NONE
Units
1
Lot
7.84 ac
Current owner
From public records · entity-resolved
Nvnsd LLC
Entity
Mailing address
PO BOX 1678, LA JOLLA, CA 92038-1678
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2020
—
Nvnsd LLC
—
Deed
related
$1,853,000 · Cdc Small Business Finance Corp
Apr 22, 2020
$4,244,500
Nvnsd LLC
Complex Realty LP
Grant Deed
$2,252,227 · Jpmorgan Chase Bank NA
Sep 20, 2012
—
Complex Realty LP
—
Deed Of Trust
related
$2,495,625 · Bank Of America
Nov 21, 2011
—
California Regional Intranet
—
Deed Of Trust
related
$46,500,000 · Cit Lending Services Corp
Nov 14, 2008
—
California Regional Intranet
—
Deed Of Trust
related
$48,500,000 · Cit Lending Services Corp
Mar 23, 2006
—
Complex Realty
Km Complex
Quit Claim Deed
related
$2,840,527 · Bank Of America
—
—
California Regional Intranet I
—
Deed Of Trust
related
$43,500,000 · Fortress Credit Corp
—
—
Nvnsd LLC
—
Deed Of Trust
related
$2,252,227 · Jp Morgan Chase Bk
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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