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

    9484 Msn Park Pl Santee, CA 92071-5610

    • Manufacturing properties
    • 36,862 SF
    • 2.73 lot acres
    OFF-MARKET
    Last Sale
    Dec 28, 2021
    $5,250,000
    Value Estimations
    $6,195,000
    Show details
    Cap Rate Potential
    7.9%
    Manufacturing properties
    Location Intelligence
    Property ID
    US09-9126521
    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

    • Design Logistics / Warehouse / Delivery Service
    • Bare Steel / Steel Fabricator
    • Urban General, Inc / Contractor

    Property Details for 9484 Msn Park Pl

    Year built
    1969
    Lot size
    2.73 lot acres
    Property size
    36,862 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Manufacturing properties
    APN
    381-070-56-00
    APU
    3810705600

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $5,360,000
      ML approach
      $5,305,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $7,030,000
      6.5%
      $6,490,000
      7%
      $6,025,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,108,000
      Market price range: $5.36M - $11.4M
      AI Estimate
      $4,840,000
      Market price range: $1.80M - $9.25M

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

    Location Insight

    • Map
    • Local Demand
    City
    Santee
    County
    San Diego
    State
    California
    Longitude
    -116.958
    Latitude
    32.8488
    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
    $106,510
    $3,121,200
    $2,340,900
    $5,462,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $665,000
      44,064 SF

      10131 Prospect Ave, Unit 51

      MANUFACTURING (LIGHT) • 44,064 SF
      10131 Prospect Ave, Santee, CA 92071-4411
      View Details
    • Value Estimation
      $575,000
      25,905 SF

      9327 Wheatlands Rd

      MANUFACTURING (LIGHT) • 25,905 SF
      9327 Wheatlands Rd, Santee, CA 92071-2860
      View Details
    • Value Estimation
      $650,000
      78,759 SF

      11322 Woodside N Ave

      MANUFACTURING (LIGHT) • 78,759 SF
      11322 Woodside N Ave, Santee, CA 92071-4728
      View Details
    • Value Estimation
      $875,000
      14,970 SF

      9311 Stevens Rd

      MANUFACTURING (LIGHT) • 14,970 SF
      9311 Stevens Rd, Santee, CA 92071-2809
      View Details
    • Value Estimation
      $270,000
      0.37 Acres

      8544 Tumbleweed Ter

      MANUFACTURING (LIGHT) • 0.37 Acres
      8544 Tumbleweed Ter, Santee, CA 92071-4539
      View Details
    • Value Estimation
      $1,980,000
      10,227 SF

      9356 Abraham Way

      MANUFACTURING (LIGHT) • 10,227 SF
      9356 Abraham Way, Santee, CA 92071-2861
      View Details

    Similar Nearby for Sale

    • $975,000

      Santee Commercial Land Investment

      1.34 Acres, High Cap Rate Potential
      0 Prospect Ave, Santee, CA 92071
      View Details
    • $189,999

      Rancho Fanita Specialty Property

      Specialty property for sale in Santee, California.
      7908 Rancho Fanita Spc 4 Dr, Santee, CA 92071
      View Details
    • $320,000

      Mission Gorge Road Specialty Property

      Specialty property available for sale on Mission Gorge Road.
      8545 Mission Gorge Rd, Santee, CA 92071
      View Details
    • $95,000

      Auto Repair Business Opportunity

      Turn-key auto repair business with warehouse and mezzanine.
      11421 Woodside Ave, Santee, CA 92071
      View Details
    • $174,000

      Santee Specialty Property For Sale

      Specialty property available for purchase in Santee, California.
      8712 N Magnolia 169, Santee, CA 92071
      View Details
    • $199,000

      Land For Sale

      Land available for purchase.
      7908 Rancho Fanita Dr, Santee, CA 92071
      View Details

    Similar Nearby for Lease

    • $1.49 SF/Yr
      17,000 SF

      Santee Industrial Flex Space Available

      17,000 SF industrial flex space in Santee for lease.
      10770 Rockville St, Santee, CA 92071
      View Details
    • $1.20 SF/Yr
      91,923 SF

      Industrial Space Available For Sublease

      Sublease opportunity with dock high positions and grade level doors.
      10926 Woodside Ave N, Santee, CA 92071
      View Details
    • $17 SF/Yr
      1,800 SF

      Santee Flex/Industrial Space Available

      Flex/Industrial space available for lease in Santee, California.
      10759 Woodside Ave, Santee, CA 92071
      View Details
    • $23 SF/Yr
      10,309 SF

      Santee Warehouse Suites Available

      Modern Industrial Space, Flexible Sizes
      8622 Argent St, Santee, CA 92071
      View Details
    • Contact for pricing
      2,425 SF

      Retail Space in Santee Center

      Retail space available in busy Santee location.
      9640-9760 Mission Gorge Rd, Santee, CA 92071
      View Details
    • Contact for pricing
      2,700 SF

      Retail Space in Santee Center

      Retail space available in established Santee shopping center.
      9625-9665 Mission Gorge Rd, Santee, CA 92071
      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.
    9484 Msn Park Pl
    Santee, CA 92071-5610
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.