New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,255,000
Retail space
1122 Los Vallecitos Blvd, San Marcos, CA 92069-1465
Trust Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9728384
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Total area
21,120 SF
Lot
1.25 ac (54,450 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
219-163-47-00
UPID
US09-9728384
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
-
Cali Design Studio Carpet & Flooring Store Hardware & Home Improvement
-
SD Flooring Center and Design Carpet & Flooring Store Hardware & Home Improvement
-
Kitchen Remodeling San Diego Hardware & Home Improvement Kitchen & Bath Showroom
-
The Spa and Patio Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.26M
Owner & transaction history
Greene Family Trust · 15 yrs held
Greene Family Trust
since 2011
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, 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 Marcos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Marcos 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$154 / 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
$39,229
Tax year 2024
Assessed value
$3,360,601
Assessed 2024
Previous assessed
$3,360,601
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,167,780
Assessed improvement
$2,192,821
Applied tax rate
13.0000
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
1986
Heating
NONE
Units
1
Total area
21,120 SF
Lot
1.25 ac (54,450 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
219-163-47-00
UPID
US09-9728384
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · San Marcos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Marcos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Units
1
Lot
1.25 ac
Current owner
From public records · entity-resolved
Greene Family Trust
Trust
Mailing address
9545 GROSSMONT SMT DR, LA MESA, CA 91941-4105
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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
Aug 3, 2021
—
Michael L Greene
—
Deed
related
$1,025,000 · Mission FCU
Jan 24, 2019
—
Michael L Greene
—
Deed
related
$870,000 · Mission FCU
Jan 26, 2011
—
Greene Family Trust
Greene Family Trust
Quit Claim Deed
related
$1,012,000 · California Bank & Trust
May 11, 2009
—
Greene Family Trust
Greene,michael L
Quit Claim Deed
related
—
Mar 22, 2005
—
Michael L Greene
Greene Family Trust
Quit Claim Deed
related
—
Dec 22, 2004
—
Greene Family Trust
Greene Michael L
Quit Claim Deed
related
—
—
—
Gary H Hoffman
—
Deed Of Trust
related
$317,839 · First Pacific Bank
—
—
Michael L Greene
—
Deed Of Trust
related
$742,000 · Cdc Small Business Finance Co
—
—
Hoffman Gary H
—
Deed Of Trust
related
—
—
—
E Greene Est Carroll
—
Deed Of Trust
related
$875,000 · Bank Of America
—
—
Michael L Greene
—
Deed Of Trust
related
$900,000 · San Diego National Bank
—
—
Michael L Greene
—
Deed Of Trust
related
$720,000 · San Diego National Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1122 Los Vallecitos Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
