3323 Carmel Mountain RdSan Diego, CA 92121

  • Retail properties
  • 13,014 SF
For Lease
$24/SF/YR View listing

Property Details for 3323 Carmel Mountain Rd

Year built
1983
Lot size
0.46 AC
Property size (Sq ft)
13,014 SF
Zone code
COMMERCIAL
Property type
Retail properties
Property subtype
Retail space
APN
310-130-09-00
APU
3101300900

Description

This exceptional Sorrento Valley property offers a ±13,000 square foot, two-story building constructed in 1990. Currently, a ±5,850 square foot ground floor flex suite is available for lease. This space is highly divisible, offering options of approximately ±2,600 square feet or ±3,250 square feet to accommodate various business needs. The building boasts an excellent corner location within the desirable Sorrento Valley submarket, providing exceptional visibility and accessibility. Ample parking is available for tenants and their clients, ensuring convenience. The property also presents the potential for prominent building signage, enhancing brand visibility. Its strategic location offers easy access to major freeways, simplifying commutes and logistics. The building's flexible design caters to a wide range of businesses, including those in the flex, creative office, and medical office sectors. The available space is ideal for companies seeking a modern and adaptable workspace in a thriving San Diego location. The building's total square footage is 13,000 square feet, with 2,600 square feet currently vacant. The property is comprised of one building with two stories. Multiple tenants currently occupy the building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,010,078
    6.5%
    $3,701,610
    7%
    $3,437,210
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,307,712
    Geo Method
    $11,542,955
  • Alternative Use

    Use
    Valuation
    Residential
    $3,122,447
    Hospitality
    $2,860,144
    Educational
    $2,379,607
    Medical
    $2,461,445
    Retail
    $3,701,610
3323 Carmel Mountain Rd, San Diego, California

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.9164
Longitude
-117.236
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
$35,658
$1,784,828
$1,115,517
$2,900,345
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