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Property profile & analytics
OFF-MARKET
Estimated value
$4,780,000
Manufacturing properties
10740 Kenney St 46 Santee, CA 92071-4573
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9045478
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1991
Total area
20,849 SF
Lot
1.75 ac (76,230 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
384-261-25-00
UPID
US09-9045478
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
-
Synergy Electric Co Electrical Service General Contractor
-
Comfort Mechanical Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.85M
CAP Approach
CAP
$3.67M
Comparable Approach
Comparable
$6.45M
Blend (final)
Blend
$4.78M
Owner & transaction history
Rentlek LLC · 3 yrs held
Rentlek LLC
since 2022
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Santee, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.0M
+56.9%
Office building
$7.5M
+48.0%
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
$4,610,000
ML approach
$4,845,000
CAP Approach
CAP Return
Estimation
6%
$3,975,000
6.5%
$3,670,000
7%
$3,410,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,075,000
Current use
AUTO REPAIR, GARAGE
$7,960,000
Change: +57% · Conversion: Easy
OFFICE BUILDING
$7,510,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$4.78M
Range $4.30M – $5.26M · ±10% · vs last sale $4.98M (Nov 18 2022)
Last sale anchor
$4.98M
Nov 18 2022
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
$229 / 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
$60,576
Tax year 2024
Assessed value
$5,074,500
Assessed 2024
Previous assessed
$5,074,500
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,320,500
Assessed improvement
$2,754,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1991
Heating
NONE
Units
1
Total area
20,849 SF
Lot
1.75 ac (76,230 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
384-261-25-00
UPID
US09-9045478
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Santee, CA
Zoning 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
Santee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$8.0M
OFFICE BUILDING
Est. value
$7.5M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1991
Heating
NONE
Units
1
Lot
1.75 ac
Current owner
From public records · entity-resolved
Rentlek LLC
Entity
Mailing address
2168 DEHESA RD, EL CAJON, CA 92019-2722
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 18, 2022
$4,975,000
Rentlek LLC
Margulis LLC
Grant Deed
$3,731,250 · Margulis Lcl
Apr 29, 2014
—
Margulis LLC
Margulis David L Trust
Quit Claim Deed
related
—
Feb 14, 2014
—
Margulis,david L Trust
Margulis Family Trust B
Quit Claim Deed
related
—
Mar 26, 2009
—
Margulis Family Trust
Margulis Family Trust
Quit Claim Deed
related
—
Oct 29, 2008
—
Margulis Wanda M Tr
Margulis,laurence D
Affidavit Of Death
related
—
Oct 13, 2005
—
Hlh Associates LLC
Lehrer Joel R Trust
Quit Claim Deed
related
—
Oct 5, 2005
—
Hlh Associates LLC
Lehrer Joel R Trust
Quit Claim Deed
related
—
Sep 28, 2005
—
Lehrer Joel R Trust
Lehrer Family Trust
Quit Claim Deed
related
—
May 23, 2005
—
Hlh LLC
Lehrer Joel R Trust
Quit Claim Deed
related
—
Apr 1, 2005
—
Lehrer Joel R Trust
Berlin Helen S Trust
Quit Claim Deed
related
—
Jul 28, 1997
—
Lehrer Trust
—
Grant Deed
related
$760,000 · Bank Of America
Dec 1, 1992
$915,000
Harold Lehrer
D L Equity Corp
Grant Deed
$884,700 · Bank Of San Diego
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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