New search
Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Turn key restaurants
109 10th St, Ramona, CA 92065-2143
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9878972
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1960
Total area
2,624 SF
Lot
0.22 ac (9,605 SF)
Zoning code
COMMERCIAL
APN
281-262-12-00
UPID
US09-9878972
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
-
Mariscos del Mar de Cortez Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$690k
Blend (final)
Blend
$750k
Owner & transaction history
M Buster LLC · 1 yrs held
M Buster LLC
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Ramona, 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 Ramona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ramona 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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Oct 9 2024)
Last sale anchor
$750k
Oct 9 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
$286 / 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
$11,639
Tax year 2024
Assessed value
$459,000
Assessed 2024
Previous assessed
$459,000
+0.0% YoY
Effective rate
2.54%
On assessed value
Assessed land
$229,500
Assessed improvement
$229,500
Applied tax rate
65.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1960
Heating
NONE
Units
1
Total area
2,624 SF
Lot
0.22 ac (9,605 SF)
Zoning code
COMMERCIAL
APN
281-262-12-00
UPID
US09-9878972
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Ramona, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Ramona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ramona. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Units
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
M Buster LLC
Entity
Free & Clear · 1 yrs held
Mailing address
24512 BARONA MESA RD, RAMONA, CA 92065-4510
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2024
$750,000
M Buster LLC
Phillip A Plantier
Grant Deed
—
Mar 5, 2024
—
Phillip A Plantier
Phillip A Plantier
Intrafamily Transfer
related
—
Aug 27, 2020
—
Plantier Family Family Trust
Darlene S Plantier
Affidavit Of Death
related
—
May 29, 2007
—
Plantier Family Trust
Plantier,eugene G
Quit Claim Deed
related
—
Mar 24, 1999
$85,000
Harry A Rogers
Ranch & Real Estate INC
Grant Deed
—
Jan 22, 1999
$23,500
Ramch & Real Estates INC .
Sharamitaro,samuel & Mary A
Grant Deed
—
—
—
Ranch & Real Estate INC
—
Deed Of Trust
related
$235,000 · Home Investment & Loan
—
—
Sam Sharamiltaro
—
Deed Of Trust
related
$235,000 · Home Thrift & Loan
—
—
Sam Sharamiltaro
—
Deed Of Trust
related
$235,000 · Home Thrift & Loan
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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