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Property profile & analytics
FOR LEASE
Retail space
9665 Granite Ridge Dr San Diego, CA 92123
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6589684
For Lease
1 / 2
$2,780,000
9665 Granite Ridge Dr, San Diego, CA 92123
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2001
Total area
9,999 SF
Lot
0.52 ac (22,651 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
421-400-08-00
UPID
US09-6589684
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
-
Jennifer Lafon WFG National Title Title Company
-
Lori Roberts Title Rep Title Company
-
Kristi Lewis - WFG National Title Title Company
-
Credit Union Leasing of America (CULA) Loan Service Car Dealership
-
Randy Lipsey Title Rep. Title Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.72M
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$2.78M
Owner & transaction history
Stonecrest Ca Owner LLC · 8 yrs held
Stonecrest Ca Owner LLC
since 2018
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+8.5%
Office building
$3.7M
+4.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,025,000
6.5%
$3,715,000
7%
$3,450,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,550,000
Current use
AUTO REPAIR, GARAGE
$3,855,000
Change: +9% · Conversion: Difficult
OFFICE BUILDING
$3,715,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$2.78M
Range $2.50M – $3.06M · ±10%
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
$278 / 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
$330,872
Tax year 2024
Assessed value
$26,939,780
Assessed 2024
Previous assessed
$26,939,780
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$2,398,363
Assessed improvement
$24,541,417
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
2001
Heating
NONE
Units
1
Total area
9,999 SF
Lot
0.52 ac (22,651 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
421-400-08-00
UPID
US09-6589684
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.7M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Heating
NONE
Units
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Stonecrest Ca Owner LLC
Entity
Mailing address
5 PETERS CYN RD STE #350, IRVINE, CA 92606-1403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2022
—
Stonecrest Ca Owner LLC
—
Deed
related
$51,660,000 · Aareal Capital Corporation
May 4, 2018
$100,300,000
Stonecrest Ca Owner LLC
T-c Stonecrest LLC
Trustees Deed
$73,900,000 · Aareal Cap
Aug 29, 2011
—
T-c Stonecrest LLC
—
Deed Of Trust
related
$42,000,000 · Principal Life Insurance Co
Jul 30, 2007
—
T-c Stonecrest LLC
Tcam Core Props Fund Operating
Grant Deed
$73,000,000 · Metropolitan Life Insurance
Sep 11, 1998
$5,900,000
Stonecrest Holdings L P Pacific
—
Grant Deed
related
—
Sep 22, 1993
$5,000,000
Bank Of California
Stonecrest Assoc
Trustees Deed
related
—
Sep 22, 1993
$15,000,000
Bank Of California
Stonecrest Assoc
Trustees Deed
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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