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Property profile & analytics
OFF-MARKET
Community centers
8990 Miramar Rd San Diego, CA 92126-4433
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-8841264
Property summary
AI-generated overview
This exceptional single-tenant industrial warehouse, located at 8990-8998 Miramar Road in San Diego, California, 92126, offers 38,000 square feet of versatile space. Built in 1985, this one-story building sits on a substantial 9.34-acre lot within San Diego County. The property features an open floor plan, ideal for a variety of industrial uses, and boasts ample parking with 50 spaces available. The warehouse benefits from a strategically positioned loading dock, enhancing operational efficiency. The lease does not include building services, utilities, or property costs. This property presents a significant opportunity for businesses seeking a well-located, spacious warehouse in a desirable San Diego area. The property's size and features make it suitable for a range of industrial operations. The single-tenant occupancy provides a streamlined and efficient environment. The expansive lot size offers potential for future expansion or additional development. Interested parties should inquire about lease terms and conditions. The property's address is 8990-8998 Miramar Rd, San Diego, CA 92126.
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1985
Total area
9,999 SF
Lot
7.97 ac (347,173 SF)
Zoning code
COMMERCIAL
APN
341-220-49-00
UPID
US09-8841264
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
-
ShipCity Warehouse & Storage
-
Megan E. Morehouse, DPT Medical Clinic
-
Miramar Landing Shopping Center & Mall
-
SD Motorwerks Car Wash
-
Ayala Weinstain Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Pacifica L 38 LLC · 1 yrs held
Pacifica L 38 LLC
since 2025
Last sale
$30.6M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$243,883
Tax year 2024
Assessed value
$19,833,101
Assessed 2024
Previous assessed
$19,833,101
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$9,876,357
Assessed improvement
$9,956,744
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1985
Heating
NONE
Units
1
Total area
9,999 SF
Lot
7.97 ac (347,173 SF)
Zoning code
COMMERCIAL
APN
341-220-49-00
UPID
US09-8841264
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.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Units
1
Lot
7.97 ac
Current owner
From public records · entity-resolved
Pacifica L 38 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
8996 MIRAMAR RD STE #200, SAN DIEGO, CA 92126-4463
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Mar 23, 2026
—
Pacifica L 38 LLC
—
Deed
related
$16,000,000 · Wells Fargo Bank NA
Aug 27, 2025
—
Pacifica L 38 LLC
—
Deed
related
$3,800,000 · Kb Home Cal Management Services LLC
Jan 10, 2025
$30,575,000
Pacifica L 38 LLC
8990 Miramar Landing LP
Grant Deed
—
Nov 25, 2019
—
8990 Miramar Landing LP
—
Loan Modification
related
$19,975,000 · Miscellaneous Ins Co
Jul 24, 2018
—
8990 Miramar Landinglp
—
Grant Deed
related
$14,475,000 · Miscellaneous Ins Co
Nov 1, 2016
$23,680,000
8990 Miramar Landing LP
Miramar Commercial Center Ltd
Trustees Deed
$14,475,000 · Miscellaneous Ins Co
Oct 5, 1989
$18,860,000
Miramar Commerci
Arpple INC
Trustees Deed
$11,750,000 · Union Bank
Oct 5, 1989
$6,160,000
Arpple INC
Lmip 2 & 3
Trustees Deed
related
—
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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