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Property profile & analytics
OFF-MARKET
Estimated value
$70,200,000
Warehouses
9424 Chesapeake Dr 34 San Diego, CA 92123-1334
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6595491
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
20,155 SF
Lot
1.59 ac (69,260 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
369-191-10-00
UPID
US09-6595491
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
-
Seventy1 Environmental Landscaping General Contractor
-
Canyon Industrial Center Business Park
-
Floor Sanding Services Beyond General Contractor
-
Electrical Insight of San Diego Electrical Service General Contractor
-
Mr Rooter Plumbing of San Diego County Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$70.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$70.20M
Owner & transaction history
Bkm Canyon Industrial Center 925 Ll · 2 yrs held
Bkm Canyon Industrial Center 925 Ll
since 2024
Last sale
$70.2M
4 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · 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
Method
Estimation
Statistic approach
$70,200,000
ML approach
$70,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$70.20M
Range $63.18M – $77.22M · ±10% · vs last sale $70.20M (Feb 27 2024)
Last sale anchor
$70.20M
Feb 27 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$3,483 / SF
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
$24,563
Tax year 2024
Assessed value
$1,993,649
Assessed 2024
Previous assessed
$1,993,649
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,300,213
Assessed improvement
$693,436
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1980
Heating
NONE
Total area
20,155 SF
Lot
1.59 ac (69,260 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
369-191-10-00
UPID
US09-6595491
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · 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
1980
Heating
NONE
Lot
1.59 ac
Current owner
From public records · entity-resolved
Bkm Canyon Industrial Center 925 Ll
Individual
Mailing address
1701 QUAIL ST STE #100, NEWPORT BEACH, CA 92660-2796
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2024
$70,200,000
Bkm Canyon Industrial Center 925 Ll
Gateway West Properties INC
Grant Deed
$51,000,000 · Prudential Insurance Of America
Jan 24, 2020
—
Gateway West Properties INC
—
Deed
related
$19,800,000 · Miscellaneous Ins Co
Oct 25, 2012
—
Gateway West Properties INC
—
Deed Of Trust
related
$13,950,000 · Bank Of America
—
—
Gateway West Properties INC
—
Deed Of Trust
related
$19,800,000 · Miscellaneous Ins Co
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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