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Property profile & analytics
OFF-MARKET
Estimated value
$4,645,000
Retail space
107 Cedros Ave Solana Beach, CA 92075-1994
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-6924044
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1979
Total area
4,050 SF
Lot
0.11 ac (4,830 SF)
Zoning code
COMMERCIAL
APN
298-074-02-00
UPID
US09-6924044
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
-
C2 Building Group Construction Company
-
Haynes Jonathan M MD Medical Clinic
-
Indigenous by La Rue Furniture & Home Goods Home Decor Store
-
SkinClinical Medical Clinic
-
Nisus Software Inc (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.43M
Blend (final)
Blend
$4.65M
Owner & transaction history
Foundation Partners LLC · 5 yrs held
Foundation Partners LLC
since 2020
Last sale
$4.5M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Solana Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Chapter 1
Top alternative use upside
Commercial (general)
$6.7M
+81.5%
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 Solana Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solana Beach 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
$4,830,000
ML approach
$4,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$3,665,000
Current use
COMMERCIAL (GENERAL)
$6,655,000
Change: +81% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,650,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$4.65M
Range $4.18M – $5.11M · ±10% · vs last sale $4.45M (Oct 8 2020)
Last sale anchor
$4.45M
Oct 8 2020
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
$1,147 / 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
$51,773
Tax year 2024
Assessed value
$4,722,375
Assessed 2024
Previous assessed
$4,722,375
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$3,661,167
Assessed improvement
$1,061,208
Applied tax rate
18.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1979
Heating
NONE
Units
1
Total area
4,050 SF
Lot
0.11 ac (4,830 SF)
Zoning code
COMMERCIAL
APN
298-074-02-00
UPID
US09-6924044
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Solana Beach, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Solana Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 1
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.7M
COMMERCIAL (GENERAL)
Est. value
$6.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.7M
RETAIL STORES Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Foundation Partners LLC
Entity
Mailing address
107 S CEDROS AVE, SOLANA BEACH, CA 92075-1994
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Oct 8, 2020
$4,450,000
Foundation Partners LLC
107 Cedros Partners LLC
Grant Deed
$2,225,000 · City National Bank
May 16, 2017
$3,140,000
107 Cedros Partners LLC
Pinnate Smile LLC
Grant Deed
$2,041,000 · First National Bank Of Southern Ca
May 17, 2013
$2,250,000
Pinnate Smile LLC
Aldibs,jean-claude
Grant Deed
—
Jan 10, 2007
—
Jean Claude Aldibs
Jean Claude Aldibs
Intrafamily Transfer
related
$1,450,000 · Washington Mutual Bank
Mar 20, 1992
$440,000
Lewak Jerzy J
Delpy,james H
Grant Deed
$362,000 · Bank Of Commerce
Oct 23, 1989
$395,000
Delpy James H
Fourth Party INC
Trustees Deed
$268,500 · San Diego Trust & Savings Bank
—
—
Jean-claude Aldibs
—
Deed Of Trust
related
$1,314,000 · Borrego Springs Bank
—
—
Foundation Partners LLC
—
Deed Of Trust
related
$2,225,000 · City Nat'l Bk
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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