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Property profile & analytics
OFF-MARKET
Estimated value
$5,570,000
Manufacturing properties
10720 Thornmint Rd San Diego, CA 92127-2703
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7055566
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Total area
23,177 SF
Lot
1.08 ac (47,044 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
678-292-23-00
UPID
US09-7055566
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
-
Triple Threat SD LLC Gym & Fitness Center
-
Kimberly Gates Physician
-
Athletic Performance Physical Therapy Physician
-
Elite Tae Kwon Do Academy Sports School Training Center
-
Edu Learning Center Tutoring Service Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.77M
CAP Approach
CAP
$4.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.57M
Owner & transaction history
Hhk Investment Properties LLC · 1 yrs held
Hhk Investment Properties LLC
since 2025
Last sale
$5.4M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · 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
Method
Estimation
Statistic approach
$5,720,000
ML approach
$5,765,000
CAP Approach
CAP Return
Estimation
6%
$4,570,000
6.5%
$4,215,000
7%
$3,915,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$8,930,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$5.57M
Range $5.01M – $6.13M · ±10% · vs last sale $5.40M (Dec 19 2024)
Last sale anchor
$5.40M
Dec 19 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
$240 / 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
$70,688
Tax year 2024
Assessed value
$5,942,764
Assessed 2024
Previous assessed
$5,942,764
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,591,812
Assessed improvement
$4,350,952
Applied tax rate
64.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Heating
NONE
Units
1
Total area
23,177 SF
Lot
1.08 ac (47,044 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
678-292-23-00
UPID
US09-7055566
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$8.9M
AUTO REPAIR, GARAGE
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
1998
Heating
NONE
Units
1
Lot
1.08 ac
Current owner
From public records · entity-resolved
Hhk Investment Properties LLC
Entity
Mailing address
5677 ORION PL, RCH CUCAMONGA, CA 91739-2281
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2025
$5,400,000
Hhk Investment Properties LLC
Avp Investment Group LLC
Grant Deed
$2,900,000 · Open Bank
Jun 11, 2021
$5,600,000
Avp Investment Group LLC
Dknvv LLC
Grant Deed
$4,480,000 · Commonwealth Business Bank
Aug 28, 2020
—
Dknvv LLC
—
Deed
related
$362,500 · Trinity Opportunity Fund LLC
Jul 23, 2019
$5,000,000
Dknvv LLC
Denalee Cardenas
Grant Deed
$2,500,000 · Trinity Mortgage Fund LLC
Sep 1, 2015
—
The Cardenas Family Trust
Jaime Cardenas
Intrafamily Transfer
related
$2,300,000 · Jpmorgan Chase Bank NA
Aug 7, 2002
—
Jaime Etal Cardenas
Cardenas,jaime & Ena L
Quit Claim Deed
related
—
Jun 5, 1998
$1,292,000
Cardenas,jaime & Dena L
—
Trustees Deed
related
—
Aug 16, 1991
$9,532,603
Mcdlf Holding Co
Unknown
Grant Deed
—
—
—
Jaime Cardenas
—
Deed Of Trust
related
$800,000 · Bank Of America
—
—
Cardenas Family Trust
—
Deed Of Trust
related
$2,400,000 · San Diego County Cu
—
—
Dknvv LLC
—
Deed Of Trust
related
$362,500 · Trinity Opportunity Fund LLC
—
—
Jaime Cardenas
—
Deed Of Trust
related
$1,000,000 · Bank Of America
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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