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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Retail space
109 Coast Hwy 11 Oceanside, CA 92054-3017
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9226239
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1958
Total area
4,000 SF
Lot
0.11 ac (4,976 SF)
Zoning code
COMMERCIAL
APN
147-272-03-00
UPID
US09-9226239
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
-
Goblin Shark Emporium (Bike/Boat/Book/etc) Store
-
Hill Street Lock & Key Locksmith
-
san diego mission gate General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
$940k
Comparable Approach
Comparable
$733k
Blend (final)
Blend
$970k
Owner & transaction history
Iri II 105 S Coast Hwy LLC · 1 yrs held
Iri II 105 S Coast Hwy LLC
since 2024
Last sale
$968,500
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Oceanside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.5M
+21.1%
Office building
$1.4M
+14.4%
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 Oceanside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oceanside 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
$970,000
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
$1,020,000
6.5%
$940,000
7%
$875,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,260,000
Current use
AUTO REPAIR, GARAGE
$1,525,000
Change: +21% · Conversion: Difficult
OFFICE BUILDING
$1,440,000
Change: +14% · Conversion: Easy
WAREHOUSE, STORAGE
$1,135,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $969k (Dec 2 2024)
Last sale anchor
$969k
Dec 2 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
$243 / 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
$15,946
Tax year 2024
Assessed value
$1,417,000
Assessed 2024
Previous assessed
$1,417,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$875,000
Assessed improvement
$542,000
Applied tax rate
7.0000
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
1958
Heating
NONE
Units
1
Total area
4,000 SF
Lot
0.11 ac (4,976 SF)
Zoning code
COMMERCIAL
APN
147-272-03-00
UPID
US09-9226239
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Oceanside, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Oceanside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oceanside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1958
Heating
NONE
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Iri II 105 S Coast Hwy LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1801 W END AVE #1050, NASHVILLE, TN 37203-2526
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2024
—
Iri II 105 S Coast Hwy LLC
Iri II 105 S Coast Hwy LLC
Deed
related
—
Dec 2, 2024
$968,500
Dbk 105 S Coast Hwy LLC
Realm Equity Investments LLC
Grant Deed
—
Apr 6, 2023
—
Rhea Frances Tetley Motley
Richard A Tetley JR
Correction Deed
related
—
Dec 15, 2022
—
Richard Alan Tetley JR
Richard A Tetley JR
Intrafamily Transfer
related
—
Aug 7, 2020
—
Thomas N Tetley
Tetley Family Trust
Quit Claim Deed
related
—
Apr 13, 2020
—
Tetley Family Trust
Frank A Tetley III
Affidavit Of Death
related
—
Feb 16, 2006
—
Ruth C Tetley
Tetley,richard A
Affidavit Of Death
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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