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Financial
Distress signals
Property profile

1120 Simpson Way Escondido, CA 92029

FOR LEASE
Manufacturing properties
Property ID
US09-9209574
20,473 SF 1.17 ac lot Built 1970
Last sale Sep 2022 · $5,850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a multi-tenant industrial portfolio comprising three buildings totaling 20,420 square feet situated on a 1.17-acre lot in Escondido, California. The property, located at 1120-1140 Simpson Way, boasts a desirable M-2 zoning designation. Each building offers significant value, with unit sizes approximately 4,000, 12,560, and 3,860 square feet respectively. Constructed in 1970 and extensively renovated in 2021, the property features a 20-foot…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$68k
Tax billed · 2024
Assessed value$5.97M
Assessed land$3.67M
Assessed improvement$2.30M
Effective rate1.14%

Value estimate

· Oct 2026
$5.43M
$4.88M – $5.97M
AI approach$5.48M
CAP approach$3.48M
Submarket $/SF estimate$6.45M
NOI build-up
Gross scheduled income$67k
Vacancy & credit loss−$4k
Operating expenses−$19k
NOI · 3,679,333.33% cap applied$44k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$245/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$193 – $315

Cap rate analysis

How does the asset earn?
3,679,333.33%
$44k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
INDUSTRIAL (M ZONE)
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Gym & Fitness
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Gym & Fitness11.7
Parking Facility10.6
Tailor Shop9.8

Location

1120 Simpson Way Escondido, CA 92029
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
943 Andreasen, Escondido, CA 92029-1934 $500,000 Jul 2025 30,924 SF
2835 Progress, Escondido, CA 92029-1516 $1,712,000 Jan 2024 23,913 SF
2227 Enterprise, Escondido, CA 92029-2073 $14,400,000 Jul 2023 19,401 SF
975 Andreasen, Escondido, CA 92029-1934 $14,400,000 Jul 2023 19,215 SF
1449 Simpson, Escondido, CA 92029-1312 $4,382,000 Jun 2023 14,084 SF
1520 Industrial, Escondido, CA 92029-1351 $1,450,000 Jun 2023 21,060 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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