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Property profile & analytics
OFF-MARKET
Estimated value
$9,515,000
Medical Office Space
9855 Erma Rd San Diego, CA 92131-3001
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8841128
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1974
Total area
32,768 SF
Lot
3.25 ac (141,570 SF)
Zoning code
COMMERCIAL
APN
319-180-08-00
UPID
US09-8841128
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
-
San Diego Dental Implant Center Dental Office
-
Richard Giglio DDS Dental Office
-
William E Gable Inc Dental Office
-
Scripps Ranch Periodontics & Implants Dental Office
-
SCRIPPS NORTH COUNTY MEDICAL DENTAL CENTER Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.87M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.52M
Owner & transaction history
9855 Erma Road LLC · 2 yrs held
9855 Erma Road LLC
since 2024
7 recorded transactions
Zoning & alternative use
COMMERCIAL · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,610,000
6.5%
$8,870,000
7%
$8,235,000
Alternative Use
Use
Estimation
RETAIL STORES
$15,760,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$9.52M
Range $8.56M – $10.47M · ±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
$290 / 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
$140,577
Tax year 2024
Assessed value
$11,199,650
Assessed 2024
Previous assessed
$11,199,650
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$7,543,806
Assessed improvement
$3,655,844
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1974
Heating
NONE
Units
1
Total area
32,768 SF
Lot
3.25 ac (141,570 SF)
Zoning code
COMMERCIAL
APN
319-180-08-00
UPID
US09-8841128
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$15.8M
RETAIL STORES
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
1974
Heating
NONE
Units
1
Lot
3.25 ac
Current owner
From public records · entity-resolved
9855 Erma Road LLC
Entity
Mailing address
3636 4TH AVE STE #300, SAN DIEGO, CA 92103-4294
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
—
Beth A Murray
—
Deed
related
$6,895,000 · California Cu
Apr 8, 2024
—
9855 Erma Road LLC
Beth A Murray
Grant Deed
—
Nov 29, 2023
—
Beth A Murray
—
Deed
related
$6,895,000 · California Cu
Aug 1, 2023
—
Beth A Murray
Beth A Murray
Intrafamily Transfer
related
—
Mar 12, 2021
—
Thomas M Murray
—
Deed
related
$6,895,000 · California Cu
Sep 24, 2019
—
Murray,thomas M Trust
—
Grant Deed
related
$6,325,000 · California Cu
Mar 1, 2016
—
Willingham Living Trust
Rock Shadows Partners LLC
Quit Claim Deed
—
Mar 1, 2016
$9,650,000
Thomas M Murray
Rock Shadows Partners LLC
Grant Deed
$6,740,000 · North Island Financial Cu
Mar 10, 2006
$9,925,000
Rock Shadows Partners LLC
Bj North Cnty Medical Dental
Grant Deed
$6,276,000 · General Electric Capital Corp
Mar 13, 1997
—
Bj North County Medical D
Rubenstein,robert A Etal
Grant Deed
related
—
—
—
Bj North County Medical Dental
—
Deed Of Trust
related
$1,650,000 · Bank Of America
—
—
Rubenstein Trust
—
Deed Of Trust
related
$970,000 · San Diego National Bank
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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