Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    998 Santa Fe Ave Vista, CA 92084-6202
    Back to Search
    Property profile & analytics

    998 Santa Fe Ave, Vista, CA 92084-6202

    View on Map
    • Medical Office Space
    • 2,392 SF
    • 0.25 lot acres
    Off-Market
    Last Sale Dec 16, 2021
    $650,000
    Property ID
    US09-9670386
    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.
    Value Estimations
    $665,000
    Show details
    Cap Rate Potential
    4.7%
    Medical Office Space
    Location Intelligence

    Current Use by Public Records

    • Alta Mira Animal Hospital / Veterinary Clinic

    Property Details for 998 Santa Fe Ave

    Year built
    1975
    Lot size
    0.25 lot acres
    Zone code
    COMMERCIAL
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    179-080-50-00
    APU
    1790805000

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 16, 2021 $650,000 Alta Mira Animal Hospital LLC James L Wagner Grant Deed —
    Sep 4, 2015 — Valerie L Graben Graben Family Trust Quit Claim Deed · related —
    May 18, 1990 — Graben Family Trust 04-10-90 Unknown Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $765,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $750,000
      6.5%
      $695,000
      7%
      $645,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $573,000
      Market price range: $222k - $952k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $915,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Vista
    County
    San Diego
    State
    California
    Longitude
    -117.231
    Latitude
    33.193
    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
    $9,714
    $260,100
    $416,160
    $676,260
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,435,000
      5,281 SF

      1000 Vis Way

      MEDICAL BUILDING
      1000 Vis Way, Vista, CA 92084-4602
      View Details
    • Value Estimation by Request
      0.11 Acres

      667 Vis Way, Unit 69

      MEDICAL BUILDING
      667 Vis Way, Vista, CA 92084-5547
      View Details
    • Value Estimation
      $705,000
      3,656 SF

      2020 Vis Way

      MEDICAL BUILDING
      2020 Vis Way, Vista, CA 92084-3321
      View Details
    • Value Estimation by Request
      0.20 Acres

      Vis Way

      MEDICAL BUILDING
      Vis Way, Vista, CA 92084
      View Details
    • Value Estimation
      $510,000
      875 SF

      668 Townsite Dr

      MEDICAL BUILDING
      668 Townsite Dr, Vista, CA 92084-4529
      View Details
    • Value Estimation by Request
      1,218 SF

      986 Vis Vlg Dr

      MEDICAL BUILDING
      986 Vis Vlg Dr, Vista, CA 92084-6064
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Freestanding Vista Mixed-Use Building

      Mixed-use building with commercial kitchen, office, and warehouse space.
      1050 S Santa Fe Ave, Vista, CA 92084
      View Details
    • Contact for pricing
      1,008 SF

      First Floor Office Condominium

      1,008 SF office condominium for sale.
      630 Alta Vista Dr, Vista, CA 92084
      View Details
    • Contact for pricing

      Rancho Buena Vista Office Condo

      Second floor office condo in Rancho Buena Vista for sale.
      122 Civic Center Dr, Vista, CA 92084
      View Details
    • $1,200,000
      2,700 SF

      Vista Mixed-Use Commercial Building

      Freestanding mixed-use building with commercial kitchen and development potential.
      1050 S Santa Fe Ave, Vista, CA 92084
      View Details

    Similar Nearby for Lease

    • $1.25 SF/Yr
      5,000 SF

      Medical/Professional Office Suites Available

      Medical/professional office suites for lease with flexible layouts.
      840 Townsite Dr, Vista, CA 92084
      View Details
    • Contact for pricing
      1,000 SF

      Medical/Professional Office Suites Available

      Medical/professional office suites for lease with flexible layouts.
      840-856 Townsite Dr, Vista, CA 92084
      View Details
    • Contact for pricing
      1,000 SF

      Medical/Professional Office Suite For Rent

      Medical or professional office suite available for rent.
      933-937 Vale Terrace Dr, Vista, CA 92084
      View Details
    • Contact for pricing

      Office Space Available For Lease

      Office property available for lease in Vista, California.
      933-937 Vale Terrace Dr, Vista, CA 92084
      View Details

    Property Visit Statistics

    • Visits by month
      9.8k
    • Visitors by month
      6.2k
    • Avg Time on site
      13 min
    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.
    998 Santa Fe Ave
    Vista, CA 92084-6202
    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

    Thank You for Inquiry
    998 Santa Fe Ave, Vista, CA, 92084
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!