Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    155 Las Flores 36 San Marcos, CA 92069

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $349,000

    Land available in San Marcos, California.

    Lot size:
    4.20 Acres

    Property Features for 155 Las Flores 36

    General Information

    Lot size
    4.20 Acres

    Building Details

    Year built
    1977

    We can help!

    Listing Contact
    Joanie Moes
    Source: Elliman

    Listing Agent: Joanie Moes

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    San Marcos Land For Sale

    This land is available for sale in San Marcos, California. The list price is $349,000.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    San Marcos
    County
    San Diego
    State
    California
    Longitude
    -117.175
    Latitude
    33.1507

    Nearby Similar for Sale

    • $750,000
      1,480 SF

      San Marcos Townhome Overlooking San Elijo Park

      Immaculate tri-level townhome in Village Square at San Elijo Hills.
      1159 E Elfin Forest Rd E, San Marcos, CA 92078
      View Details
    • $699,000
      1,258 SF

      San Elijo Hills Townhome

      Tranquil end-unit townhome in the heart of San Elijo Hills.
      1399 Cattail Ct, San Marcos, CA 92078
      View Details
    • $395,000
      1,440 SF

      Updated Home in 55+ Community

      Updated 2-bedroom home in desirable 55+ San Marcos community.
      1930 W San Marcos Blvd, San Marcos, CA 92078
      View Details
    • $324,500
      1,368 SF

      Updated Home in 55+ Community

      Updated home in resort-style 55+ community with rent control.
      3535 Linda Vista Dr, San Marcos, CA 92078
      View Details
    • $199,900

      Spacious Home in 55+ Park

      Two-bedroom, two-bathroom home in a 55+ rent-controlled park.
      1286 Discovery St, San Marcos, CA 92078
      View Details
    • $795,000

      Lake View Townhome in Colony

      Townhome with lake views, two primary suites, and loft.
      1206 Rue Saint Martin, San Marcos, CA 92078
      View Details
    • Contact for pricing
      44,052 SF

      Industrial Warehouse with Freeway Access

      Industrial warehouse in San Marcos with convenient freeway access.
      1152 Armorlite Dr, San Marcos, CA 92069
      View Details
    • $885,000
      1,316 SF

      San Elijo Hills Townhome

      Townhome in gated community with mountain and city light views.
      1215 Highbluff Ave, San Marcos, CA 92078
      View Details
    • $265,000

      Home in 5-Star Park

      Home in a warm, friendly community with many activities.
      650 S Rancho Santa Fe. Rd, San Marcos, CA 92078
      View Details
    • $1,049,000

      Industrial Condo Near Freeway

      Industrial condo with office, warehouse, and living space.
      250 S Pacific 106, San Marcos, CA 92078
      View Details
    • $2,590,000
      7,683 SF

      San Marcos Industrial Property Available

      Industrial property in San Marcos, part of the Innovate78 Corridor.
      870 Rancheros Dr, San Marcos, CA 92069
      View Details
    • $849,000
      1,442 SF

      Stylish Townhome in San Elijo

      Tri-level townhome with resort-style amenities in San Elijo Hills.
      1440 Clearview Way, San Marcos, CA 92078
      View Details

    FAQs

    What type of property is this?
    Land - Land available in San Marcos, California.
    Where is this land located?
    The property is located at 155 Las Flores 36 San Marcos, CA.
    What is the asking price?
    The asking price for this property is $349,000.
    What are key features of this property?
    This property features: - YearBuilt: 1977
    (619) 318-0006
    Request Owner's contact information
    155 Las Flores 36 San Marcos, CA 92069
    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.
    155 Las Flores 36
    San Marcos, CA 92069
    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
    155 Las Flores 36 San Marcos, CA 92069
    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

    We can help!
    Listing Contact
    Joanie Moes
    (619) 318-0006
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.