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Property profile

9320 Chesapeake Dr San Diego, CA 92123

FOR LEASE
Retail space
Property ID
US09-7577168
24,188 SF 1.1 ac lot Built 1980
Last sale Aug 2026 · $4,772,500
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

9320 Chesapeake Drive is a multi-tenant office building with a total building area of 23,650 square feet, located in the Kearny Mesa office corridor area. The building is described as having a strong owner-user component, consistent with a submarket profile in which a majority of commercial office buildings are owner-occupied and office properties are relatively infrequently traded. The property’s configuration supports both owner-occupant use and office investment use, and it includes the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$78k
Tax billed · 2024
Assessed value$6.34M
Assessed land$3.06M
Assessed improvement$3.28M
Effective rate1.23%

Value estimate

· Oct 2026
$6.02M
$5.41M – $6.62M
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$6k
Operating expenses−$9k
NOI · 1,159,877.55% cap applied$28k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$355/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$270 – $485

Cap rate analysis

How does the asset earn?
1,159,877.55%
$28k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
INDUSTRIAL (M ZONE)
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility9.7
Pawn Shop9.5
Tailor Shop9.3

Location

9320 Chesapeake Dr San Diego, CA 92123
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4141 Ruffin, San Diego, CA 92123-1819 $11,645,000 Feb 2024 27,285 SF
5787 Chesapeake, San Diego, CA 92123-1006 $7,250,000 Nov 2023 23,064 SF
9590 Chesapeake, San Diego, CA 92123-1374 $9,500,000 Aug 2023 23,530 SF
4933 Paramount, San Diego, CA 92123-1466 $7,650,000 Aug 2023 18,752 SF
3655 Ruffin, San Diego, CA 92123-1860 $11,200,000 Dec 2022 20,500 SF
5050 Murphy Cyn, San Diego, CA 92123-4441 $8,900,000 Dec 2022 30,534 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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