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    Property profile & analytics

    959 Grand Ave Escondido, CA 92025-3403

    • Medical Office Space
    • 2,226 SF
    • 0.20 lot acres
    OFF-MARKET
    Value Estimations
    $550,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9335170
    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

    • The Smile Gallery - Dr. David Bainer / Dental Office
    • Alan Salvi / Dental Office

    Property Details for 959 Grand Ave

    Year built
    1977
    Lot size
    0.20 lot acres
    Property size
    2,226 SF
    Zone code
    RESTRICTED COMMERCIAL
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    230-292-08-00
    APU
    2302920800

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $355,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $660,000
      6.5%
      $610,000
      7%
      $565,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $765,000
      Market price range: $467k - $926k
      AI Estimate
      $465,000
      Market price range: $218k - $569k

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $675,000
      Current use
      AUTO REPAIR, GARAGE
      $850,000
      Change: +26% Conversion: Difficult
      OFFICE BUILDING
      $805,000
      Change: +19% Conversion: Easy
      WAREHOUSE, STORAGE
      $610,000
      Change: -9% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Escondido
    County
    San Diego
    State
    California
    Longitude
    -117.069
    Latitude
    33.1259
    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
    $7,228
    $270,407
    $360,544
    $630,951
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.20 Acres

      241 3rd Ave, Unit 43

      MEDICAL BUILDING • 0.20 Acres
      241 3rd Ave, Escondido, CA 92025-4203
      View Details
    • Value Estimation
      $9,945,000
      49,100 SF

      800 La Terraza Blvd

      MEDICAL BUILDING • 49,100 SF
      800 La Terraza Blvd, Escondido, CA 92025-3817
      View Details
    • Value Estimation
      $3,240,000
      12,687 SF

      655 Citracado Pkwy

      MEDICAL BUILDING • 12,687 SF
      655 Citracado Pkwy, Escondido, CA 92025-6479
      View Details
    • Value Estimation
      $1,375,000
      8,672 SF

      910 Grand Ave

      MEDICAL BUILDING • 8,672 SF
      910 Grand Ave, Escondido, CA 92025-3430
      View Details
    • Value Estimation by Request
      1,346 SF

      560 Vly Pkwy

      MEDICAL BUILDING • 1,346 SF
      560 Vly Pkwy, Escondido, CA 92025-3006
      View Details
    • Value Estimation by Request
      1,727 SF

      117 Elm St

      MEDICAL BUILDING • 1,727 SF
      117 Elm St, Escondido, CA 92025-3410
      View Details

    Similar Nearby for Sale

    • $2,350,000

      Escondido Commercial Asset For Sale

      Rare commercial asset in Escondido with income potential.
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    • $2,350,000
      6,130 SF

      Escondido Medical/Office Building For Sale

      Rare Escondido asset with leased dental offices and vacant space.
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    • $1,900,000
      2,789 SF

      Escondido Office or Medical Space

      Office or medical space available for lease in Escondido.
      140 W 3Rd Ave, Escondido, CA 92025
      View Details
    • $850,000

      Escondido Commercial Building For Sale

      Two-unit commercial building in Escondido with parking.
      651-53 Valley Blvd E, Escondido, CA 92025
      View Details
    • Contact for pricing
      14,560 SF

      Escondido Office Building For Sale

      Upgraded office building with parking and potential for multi-tenant use.
      230 W 2Nd Ave, Escondido, CA 92025
      View Details
    • $1,900,000

      Downtown Escondido Office Building

      Office building in Downtown Escondido with high visibility.
      136-140 West 3Rd Ave, Escondido, CA 92025
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,276 SF

      Escondido Class A Medical Office

      Class A medical office with freeway visibility and strong physician referrals.
      625 West Citracado Pkwy, Escondido, CA 92025
      View Details
    • Contact for pricing
      1,000 SF

      Medical Office Space Available

      Escondido medical office space with existing exam rooms.
      925 E Pennsylvania Ave, Escondido, CA 92025
      View Details
    • $0.66 SF/Yr

      Prime Escondido Commercial Space

      Modern, versatile space ideal for retail or office use.
      611 North Broadway, Escondido, CA 92025
      View Details
    • $1.35 SF/Yr

      Renovated Office Space in Escondido

      Renovated office space near Escondido's retail core, utilities included.
      210 S Juniper St, Escondido, CA 92025
      View Details
    • $1,750 /Mo

      Escondido Office or Retail Space

      Office or retail space available for lease in Escondido.
      365 W 2Nd Ave, Escondido, CA 92025
      View Details
    • $24 SF/Yr
      70,000 SF

      Escondido Office & Retail Space

      Prime Escondido location, multiple suites available.
      220 Mission Ave, Escondido, CA 92025
      View Details
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    959 Grand Ave
    Escondido, CA 92025-3403
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    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
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