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
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9035 Clairemont Mesa Blvd San Diego, CA 92123

    • Turn key restaurants
    • 5,749 SF
    • 1.06 lot acres
    For Lease
    View listing
    Value Estimations
    $750,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-7843298
    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

    • Turn key restaurants

    Property Details for 9035 Clairemont Mesa Blvd

    Year built
    2021
    Lot size
    1.06 lot acres
    Property size
    5,749 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Turn key restaurants
    APN
    369-110-22-00
    APU
    3691102200

    Description

    This exceptional 1,490 square foot retail space is located at 9035 Clairemont Mesa Boulevard in the vibrant Kearny Mesa submarket of San Diego, California. Classified as Class A, this property boasts a total of 88 parking spaces, ensuring ample convenience for customers and employees. The entire space is currently vacant and available for lease, offering a unique opportunity for a single tenant to occupy the entire 1,490 square feet. The property is situated in a high-traffic area, benefiting from excellent visibility and foot traffic. Its adjacency to a Panera Bread location further enhances its appeal and potential for success. The versatile layout makes it suitable for a variety of restaurant or service-based businesses. The property is located in San Diego County, California, with a zip code of 92123. This is a rare opportunity to secure a prime retail space in a thriving San Diego neighborhood. The property's size, location, and ample parking make it an ideal choice for businesses seeking a strong presence in the Kearny Mesa market. The space is ready for immediate occupancy.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $460,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,042,000
      Market price range: $330k - $1.04M

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

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.134
    Latitude
    32.831
    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
    $71,666
    $1,533,172
    $4,297,892
    $5,831,064
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,394 SF

      8885 Balboa Ave

      RESTAURANT • 9,394 SF
      8885 Balboa Ave, San Diego, CA 92123-1505
      View Details
    • Value Estimation by Request
      2,942 SF

      5247 Kearny Villa Rd

      RESTAURANT • 2,942 SF
      5247 Kearny Villa Rd, San Diego, CA 92123-1409
      View Details
    • Value Estimation by Request
      4,800 SF

      5225 Kearny Villa Rd, Unit 35

      RESTAURANT • 4,800 SF
      5225 Kearny Villa Rd, San Diego, CA 92123-1409
      View Details
    • Value Estimation by Request
      6,584 SF

      5353 Kearny Villa Rd

      RESTAURANT • 6,584 SF
      5353 Kearny Villa Rd, San Diego, CA 92123-1415
      View Details
    • Value Estimation by Request
      4,900 SF

      3750 John J Montgomery Dr

      RESTAURANT • 4,900 SF
      3750 John J Montgomery Dr, San Diego, CA 92123-1753
      View Details
    • Value Estimation
      $1,090,000
      5,977 SF

      5451 Kearny Villa Rd

      RESTAURANT • 5,977 SF
      5451 Kearny Villa Rd, San Diego, CA 92123-1105
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      368 SF

      Kearny Villa Rd Office Suites

      San Diego medical & office space for sale.
      4540 Kearny Villa Rd, San Diego, CA 92123
      View Details
    • $725,000
      1,440 SF

      Tri-Level Townhome in Quiet Neighborhood

      Tri-level townhome with remodeled kitchen, bathrooms, and private outdoor space.
      5806 Mission Center Rd, San Diego, CA 92123
      View Details
    • $550,000

      Second-Floor Office Condominium Available

      Second-floor office condominium with good natural light and central location.
      8947 Complex Dr, San Diego, CA 92123
      View Details
    • $549,000

      Serra Mesa Four-Bedroom Home

      Spacious, updated home in Allure community with resort-style amenities.
      3454 Castle Glen Dr, San Diego, CA 92123
      View Details
    • New
      $1,350,000
      1,675 SF

      Multifamily Property in Prime Location

      Multifamily property with ADU units in a prime location.
      2679-83 Tern Dr, San Diego, CA 92123
      View Details
    • $2,900,000
      4,775 SF

      San Diego Office Building For Sale

      4,775 SF office building on a 0.94-acre lot.
      3704 Ruffin Rd, San Diego, CA 92123
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,785 SF

      Corner Office Space with Amenities

      Office space with fitness center, cafe, and parking.
      9325 Sky Park Ct, San Diego, CA 92123
      View Details
    • Contact for pricing
      2,400 SF

      Freestanding Building with Drive-Thru

      2,400 SF freestanding building with drive-thru in Kearny Mesa.
      5335 Overland Ave, San Diego, CA 92123
      View Details
    • Contact for pricing
      4,523 SF

      Prime Corner Location Office Space

      Office space with prominent signage, parking, and on-site amenities.
      9275 Sky Park Ct, San Diego, CA 92123
      View Details
    • Contact for pricing
      4,388 SF

      Retail Space on Ruffin Road

      Retail property with on-site management and recent upgrades.
      5560 Ruffin Rd, San Diego, CA 92123
      View Details
    • Contact for pricing
      4,500 SF

      Retail Space on Murphy Canyon

      Retail property available for lease on Murphy Canyon Road.
      3352 Murphy Canyon Rd, San Diego, CA 92123
      View Details
    • Contact for pricing
      6,530 SF

      Retail Space in San Diego

      6,530 SF retail space available for rent.
      3755 Murphy Canyon Rd, San Diego, CA 92123
      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.
    9035 Clairemont Mesa Blvd
    San Diego, CA 92123
    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.