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Property profile & analytics
OFF-MARKET
Estimated value
$8,070,000
Strip malls
10320 Friars Rd 30 San Diego, CA 92120-2303
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6586518
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Total area
31,277 SF
Lot
0.7 ac (30,492 SF)
Zoning code
COMMERCIAL
APN
458-720-14-00
UPID
US09-6586518
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
-
Armstrong Garden Centers (Bike/Boat/Book/etc) Store Florist
-
Outside Matters General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.07M
Owner & transaction history
Sunset 111 Partners LLC · 8 yrs held
Sunset 111 Partners LLC
since 2017
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, 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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$258 / 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
$58,952
Tax year 2024
Assessed value
$4,796,727
Assessed 2024
Previous assessed
$4,796,727
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$780,861
Assessed improvement
$4,015,866
Applied tax rate
8.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1980
Heating
NONE
Units
1
Total area
31,277 SF
Lot
0.7 ac (30,492 SF)
Zoning code
COMMERCIAL
APN
458-720-14-00
UPID
US09-6586518
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Units
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Sunset 111 Partners LLC
Entity
Free & Clear · 8 yrs held
Mailing address
687 S COAST HWY 101ST UNIT #233, ENCINITAS, CA 92024-3576
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 23, 2021
—
Sunset III Partners LLC
—
Deed
related
$9,250,000 · Life Insurance Company Of The Southwest
Nov 30, 2017
$2,500,000
Sunset 111 Partners LLC
Peckham Properties INC
Grant Deed
—
Apr 7, 2017
—
Mckinney,daniel G & Violet Trust
Mckinney Daniel G & V Trust
Quit Claim Deed
related
—
Apr 5, 2017
—
Wells Fargo Bk NA Tr
Mckinney,daniel G
Affidavit Of Death
related
—
May 7, 2010
—
Peckham Properties INC
Investcal Realty Corp
Quit Claim Deed
related
—
Jun 21, 2004
—
Ferrari,tr
Ferrari,joseph E
Quit Claim Deed
related
—
Apr 16, 2004
—
Joseph E Ferrari
Ferrari,tr
Quit Claim Deed
related
—
Dec 5, 1996
—
Investcal Realty Corp
—
Deed Of Trust
related
$2,200,000 · Massachusetts Casualty Ins Co
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.
Try Rey
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