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Property profile & analytics
OFF-MARKET
Estimated value
$2,130,000
Warehouses
10051 Prospect Ave Santee, CA 92071-4321
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9296981
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1997
Total area
16,712 SF
Lot
0.97 ac (42,253 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
384-180-55-00
UPID
US09-9296981
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
-
European Wholesale Countertops Kitchen & Bath Showroom Hardware & Home Improvement
-
Moderno Porcelain Works Kitchen & Bath Showroom Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.96M
Blend (final)
Blend
$2.13M
Owner & transaction history
R Bruce Kleege · 15 yrs held
R Bruce Kleege
since 2010
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Santee, 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 Santee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santee 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.13M
Range $1.92M – $2.34M · ±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
$127 / 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
$18,336
Tax year 2024
Assessed value
$1,531,262
Assessed 2024
Previous assessed
$1,531,262
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$885,856
Assessed improvement
$645,406
Applied tax rate
16.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1997
Heating
NONE
Units
1
Total area
16,712 SF
Lot
0.97 ac (42,253 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
384-180-55-00
UPID
US09-9296981
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Santee, CAZoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Santee, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Units
1
Lot
0.97 ac
Current owner
From public records · entity-resolved
R Bruce Kleege
Individual
Mailing address
12625 HIGH BLF DR STE #310, SAN DIEGO, CA 92130-2054
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2010
—
R Bruce Kleege
Kleege,r Bruce
Quit Claim Deed
related
$785,000 · San Diego County Cu
Apr 16, 2010
$1,210,000
R Bruce Kleege
Max Default Services Corp
Trustees Deed
related
—
Feb 2, 2009
—
Pete A Sciarrino
Sciarrino P & K Family Trust
Quit Claim Deed
related
—
Dec 22, 2005
$2,100,000
Pete Anthony Sciarrino
10051 Prospect Avenue LLC
Grant Deed
$1,060,000 · Security Business Bank Of San Diego
Sep 5, 2003
$2,100,000
10051 Prospect Avenue LLC
European Natural Stone Co INC
Grant Deed
$1,470,000 · Pacific Trust Bank
Sep 5, 2003
—
European Natural Stone Co INC
Sciarrino,tr
Quit Claim Deed
related
—
Sep 13, 1996
$400,500
Pete Sciarrino
Leonardo Pellegrino Trustee
Grant Deed
$841,500 · Scripps Bank
Mar 26, 1993
$408,500
Leonardo,pellegrino Trust
Sciarrino,frank
Grant Deed
—
Nov 15, 1989
—
Frank Sciarrino
—
Deed Of Trust
related
—
—
—
Sciarrino,pete A Tr
—
Deed Of Trust
related
$335,981 · Victor H & Conna M Miner
—
—
Sciarrino Pete & K Fam Trust
—
Deed Of Trust
related
$844,000 · Cdc Small Business Finance Co
—
—
Pete Sciarrino
—
Deed Of Trust
related
—
—
—
Leonardo Pellegrino Trustee
—
Deed Of Trust
related
$150,000 · Individual
—
—
Leonardo Pellegrino Trustee
—
Deed Of Trust
related
—
—
—
Peter Sciarrino
—
Deed Of Trust
related
$451,000 · Cdc Small Business Finance Co
—
—
Frank Sciarrino
—
Deed Of Trust
related
$285,000 · Government Funding
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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