Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8977 Activity Rd San Diego, CA 92126-4434

    • Retail space
    • 33,155 SF
    • 1.50 lot acres
    OFF-MARKET
    Last Sale
    Dec 31, 2020
    $4,500,000
    Value Estimations
    $5,720,000
    Show details
    Cap Rate Potential
    8.6%
    Retail space
    Location Intelligence
    Property ID
    US09-6606387
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Solar Fuze / Solar Energy Equipment Supplier
    • Иранско училище в Сан Диего / Language School
    • International Christian Church of San Diego (ICCSD) / Christian Church
    • Gereja Injili Indonesia San Diego / Church
    • Pacific Theological Seminary / Seminary / Christian College

    Property Details for 8977 Activity Rd

    Year built
    1987
    Lot size
    1.50 lot acres
    Property size
    33,155 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Retail space
    APN
    341-220-51-00
    APU
    3412205100

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,600,000
      ML approach
      $5,485,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $8,005,000
      6.5%
      $7,390,000
      7%
      $6,860,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.132
    Latitude
    32.896
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $41,387
    $1,672,633
    $3,152,273
    $4,824,906
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $820,000
      17,900 SF

      8981 Mira Mesa Blvd

      RETAIL STORES (PERSONAL SERVICES) • 17,900 SF
      8981 Mira Mesa Blvd, San Diego, CA 92126-2716
      View Details
    • Value Estimation
      $985,000
      37,772 SF

      9540 Mira Mesa Blvd

      RETAIL STORES (PERSONAL SERVICES) • 37,772 SF
      9540 Mira Mesa Blvd, San Diego, CA 92126-4896
      View Details
    • Value Estimation
      $605,000
      12,902 SF

      9483 Camino Ruiz

      RETAIL STORES (PERSONAL SERVICES) • 12,902 SF
      9483 Camino Ruiz, San Diego, CA 92126-4472
      View Details
    • Value Estimation
      $1,230,000
      38,175 SF

      9474 Black Mtn Rd, Unit 94

      RETAIL STORES (PERSONAL SERVICES) • 38,175 SF
      9474 Black Mtn Rd, San Diego, CA 92126-4518
      View Details
    • Value Estimation
      $550,000
      8,000 SF

      9683 Tierra Grande St

      RETAIL STORES (PERSONAL SERVICES) • 8,000 SF
      9683 Tierra Grande St, San Diego, CA 92126-6503
      View Details
    • Value Estimation
      $5,765,000
      33,225 SF

      9466 Black Mtn Rd

      RETAIL STORES (PERSONAL SERVICES) • 33,225 SF
      9466 Black Mtn Rd, San Diego, CA 92126-4550
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,124 SF

      Freestanding Restaurant with Drive-Thru

      Freestanding restaurant with drive-thru on 0.55 acre parcel.
      9360 Kearny Mesa Rd, San Diego, CA 92126
      View Details
    • Contact for pricing
      1,679 SF

      Miramar Office Condo for Sale

      1,679 SF, Medical/Office Use
      9888 Carroll Centre Rd, San Diego, CA 92126
      View Details
    • $1,395,000
      34,427 SF

      Scripps Miramar Medical Office Condo

      San Diego medical office condo, owner-user opportunity.
      9750 Miramar Rd, San Diego, CA 92126
      View Details
    • $3,600,000
      8,571 SF

      Miramar Warehouse in Carroll Canyon

      8,571 SF warehouse in Miramar's Carroll Canyon Business Park.
      8430-8440 Aspen Creek Ct, San Diego, CA 92126
      View Details
    • $1,349,999

      Move-In Ready Home with ADU

      Renovated home with ADU, solar, and large lot.
      7942 Calico St, San Diego, CA 92126
      View Details
    • $650,000
      34,427 SF

      San Diego Medical Office Condo

      Prime San Diego medical office, owner-user opportunity.
      9750 Miramar Rd, San Diego, CA 92126
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      800 SF

      Retail Space in Mira Mesa

      Retail space available on Mira Mesa Blvd.
      9176-9190 Mira Mesa Blvd, San Diego, CA 92126
      View Details
    • Contact for pricing
      2,675 SF

      Retail Space in Mira Mesa

      Dynamic retail center with high traffic and strong demographics.
      10751-10775 Westview Pkwy, San Diego, CA 92126
      View Details
    • Contact for pricing
      695 SF

      Retail Showroom on Miramar Road

      High-visibility retail showroom space with frontage on Miramar Road.
      7920 Miramar Rd, San Diego, CA 92126
      View Details
    • Contact for pricing
      1,375 SF

      Retail Space in Miramar Corridor

      Retail space in high-traffic Miramar Road Retail Corridor.
      9474 Black Mountain Rd, San Diego, CA 92126
      View Details
    • Contact for pricing
      1,340 SF

      Retail Space in Mira Mesa

      Retail spaces available in high-traffic Mira Mesa location.
      11271 Camino Ruiz, San Diego, CA 92126
      View Details
    • $1.99 SF/Yr
      96,000 SF

      Black Mountain Commerce Park Spaces

      Miramar, San Diego: Flexible Office/Industrial Space
      9360-9420 Activity Rd/9580-9630 Black Mtn Rd, San Diego, CA 92126
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8977 Activity Rd
    San Diego, CA 92126-4434
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.