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Property profile & analytics
OFF-MARKET
Estimated value
$14,500,000
Commercial land
1050 Main St 58 El Cajon, CA 92021-6220
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-9645721
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
6.43 ac (280,090 SF)
Zoning code
COMMERCIAL
APN
489-130-19-00
UPID
US09-9645721
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
-
Yum Yummy food truck Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.50M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.50M
Owner & transaction history
Lennar Homes Of California LLC
Lennar Homes Of California LLC
since 2025
Last sale
$14.5M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · El Cajon, 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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
$14,500,000
ML approach
$14,500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.50M
Range $13.05M – $15.95M · ±10% · vs last sale $14.50M (Oct 10 2024)
Last sale anchor
$14.50M
Oct 10 2024
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
—
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
$32,423
Tax year 2024
Assessed value
$2,684,658
Assessed 2024
Previous assessed
$2,684,658
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$2,684,658
Applied tax rate
3.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
6.43 ac (280,090 SF)
Zoning code
COMMERCIAL
APN
489-130-19-00
UPID
US09-9645721
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
6.43 ac
Current owner
From public records · entity-resolved
Lennar Homes Of California LLC
Entity
Free & Clear · 0 yrs held
Mailing address
8585 E HARTFORD DR STE #118, SCOTTSDALE, AZ 85255-5473
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
$1,957,500
Lennar Homes Of California LLC
Tpg Ag Ehc III Len Ca 5 LP
Grant Deed
—
Oct 10, 2024
$14,500,000
Tpg Ag Ehc III Len Ca 5 LP
Vonessa Yu
Grant Deed
—
Oct 10, 2024
—
Sharon F Hoberman
Leslie C Hoberman
Intrafamily Transfer
related
—
Sep 17, 2019
—
Hope 2019 Trust
Hoberman,sharon F
Quit Claim Deed
related
—
Dec 24, 2013
—
Samuel,james F Trust
Chin-jew,madeline
Quit Claim Deed
related
—
Dec 3, 2013
—
Madeline Chin-jew
Chin-jew Family Trust
Quit Claim Deed
related
—
Apr 18, 2012
—
Chin-jew Family Trust
Chin-jew,madeline
Quit Claim Deed
related
—
Mar 16, 2012
—
Madeline Chin-jew
Low Louis Trust
Quit Claim Deed
related
—
Apr 21, 2011
—
Low Louis Trust
Low,louis
Quit Claim Deed
related
—
Feb 16, 2005
—
Absolute Trust
Low,richard
Quit Claim Deed
related
—
Oct 10, 2003
—
Bmwp,tr
Bmwp,tr
Quit Claim Deed
related
—
May 22, 2003
—
Chin-jew,tr
Chin-jew,madeline
Quit Claim Deed
related
—
May 9, 2003
—
Madeline Chin-jew
Chin-jew,tr
Quit Claim Deed
related
—
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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