Financial
Distress signals
Property profile

380 S Melrose Dr Vista, CA 92081

FOR LEASE
Retail space
Property ID
US09-9666716
51,586 SF 1.45 ac lot Built 2000
Last sale Jul 2017 · $9,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$61k
Tax billed · 2024
Assessed value$5.41M
Assessed land$2.51M
Assessed improvement$2.90M
Effective rate1.12%

Value estimate

· Sep 2026
$5.87M
$5.28M – $6.45M
NOI build-up
Gross scheduled income$508k
Vacancy & credit loss−$73k
Operating expenses−$109k
NOI · 13,894,212.77% cap applied$327k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$294/SF
Submarket average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$159 – $455
Qualifying comparables6

Cap rate analysis

How does the asset earn?
13,894,212.77%
$327k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
COMMERCIAL
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop28.1
Hair Salon24.2
Building Supply22.6

Location

380 S Melrose Dr Vista, CA 92081
County assessor Recorded deeds · 8 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1890 Hacienda, Vista, CA 92081-4542 $1,650,000 Oct 2024 10,060 SF
1830 Hacienda, Vista, CA 92081-4544 $2,131,000 Jun 2023 27,467 SF
1800 Thibodo Rd, Vista, CA 92081-7515 $3,838,000 Nov 2022 23,690 SF
440 Melrose, Vista, CA 92081-6680 $4,000,000 Sep 2022 24,722 SF
400 Melrose, Vista, CA 92081-6681 $9,850,000 Dec 2019 53,426 SF
901 Hacienda, Vista, CA 92081-6502 $865,000 May 2019 12,358 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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