Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    901 Bay Marina Dr National City, CA 91950-6407
    Back to Search
    Property profile & analytics

    901 Bay Marina Dr, National City, CA 91950-6407

    View on Map
    • Bowling alleys
    • 93,060 SF
    • 3.12 lot acres
    Off-Market
    Property ID
    US09-7708005
    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.
    Value Estimations
    $2,225,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • DSD3 Amazon Delivery Station / Warehouse & Storage

    Property Details for 901 Bay Marina Dr

    Lot size
    3.12 lot acres
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Bowling alleys
    APN
    559-040-29-01
    APU
    5590402901

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 25, 2018 $21,000,000 Rreef Cpif 901 Marina Bay LLC Stos Partners 901 Bay Marina Grant Deed —
    Nov 10, 2016 $12,225,000 Stos Ptrs 901 Bay Marina LLC Abp Ca National City LLC Grant Deed $13.4M · Private Individual
    May 18, 2004 — Abp Ca LLC Georgia-pacific Corp Grant Deed $100M · Abpmc LLC Trustee
    — — Abp Ca National City LLC — Deed Of Trust · related $165k · Column Financial INC

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    National City
    County
    San Diego
    State
    California
    Longitude
    -117.112
    Latitude
    32.6598
    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
    $221,579
    $5,577,593
    $13,386,227
    $18,963,820
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.18 Acres

      1500 Q Ave

      BOWLING ALLEY
      1500 Q Ave, National City, CA 91950
      View Details
    • Value Estimation by Request
      11,346 SF

      330 National City Blvd

      THEATER (MOVIE)
      330 National City Blvd, National City, CA 91950-1111
      View Details
    • Value Estimation by Request
      5,130 SF

      3303 National City Blvd

      THEATER (MOVIE)
      3303 National City Blvd, National City, CA 91950-7271
      View Details
    • Value Estimation by Request
      43.30 Acres

      1439 Sweetwater Rd

      GOLF COURSE
      1439 Sweetwater Rd, National City, CA 91950-7632
      View Details
    • Value Estimation by Request
      0.06 Acres

      24th St

      VACANT COMMERCIAL LAND
      24th St, National City, CA 91950
      View Details
    • Value Estimation by Request
      1.10 Acres

      24th St

      VEHICLE SALES, RENTALS
      24th St, National City, CA 91950
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,600 SF

      710 E 8th st, national city

      Automotive
      710 8Th St, National City, CA 91950
      View Details
    • Contact for pricing
      1,198 SF

      Turn-Key Duplex in National City

      Duplex with cash flow and opportunity in National City.
      2605-7 Fenton Pl, National City, CA 91950
      View Details
    • Contact for pricing
      5,300 SF

      National City Industrial Space

      Industrial property available for rent in National City, California.
      320 Civic Center Dr, National City, CA 91950
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      23,721 SF

      South Bay Corporate Center Office

      Office space available in South Bay Corporate Center.
      401 Mile Of Cars Way, National City, CA 91950
      View Details
    • Contact for pricing

      Medical Office Space For Lease

      Medical office space available for lease.
      502 Euclid Ave, National City, CA 91950
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space For Rent

      In-line retail space available for rent.
      1536-1730 Sweetwater Rd, National City, CA 91950
      View Details
    • Contact for pricing
      4,316 SF

      Retail Space in National City

      High-profile retail location with excellent visibility and access.
      3003 Highland Ave, National City, CA 91950
      View Details
    • Contact for pricing
      2,887 SF

      Retail Space Anchored by Supermarket

      Retail space for lease in grocery-anchored shopping center.
      1410-1420 E Plaza Blvd, National City, CA 91950
      View Details
    • Contact for pricing
      6,050 SF

      National City Warehouse Space

      6,050 SF warehouse space available for lease.
      2626 Southport Way, National City, CA 91950
      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.
    901 Bay Marina Dr
    National City, CA 91950-6407
    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

    Thank You for Inquiry
    901 Bay Marina Dr, National City, CA, 91950
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!