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Property profile & analytics
FOR LEASE
Warehouses
1145 Industrial Ave Escondido, CA 92029
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7294033
For Lease
1 / 2
$4,340,000
1145 Industrial Ave, Escondido, CA 92029
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Property summary
AI-generated overview
This exceptional industrial property, located at 1145 Industrial Ave in Escondido, California, 92029, offers a prime opportunity for businesses seeking flexible manufacturing or warehouse space. Situated on a 1.2-acre lot in San Diego County, the property boasts a total of 18,000 square feet, currently featuring 2,888 square feet of immediately available space. The building is configured to accommodate multiple tenants, with units ranging from a minimum of 1,443 square feet to a maximum contiguous space of 1,445 square feet. This allows for scalability to suit various business needs, from small startups to established enterprises. The property's location in Escondido provides easy access to major transportation routes, ensuring efficient logistics and distribution. The property is classified as industrial, with both manufacturing and warehouse subtypes, making it suitable for a wide range of industrial operations. This versatile space presents a unique opportunity to establish or expand your business in a thriving San Diego County location. Contact us today to schedule a viewing and explore the possibilities.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Total area
17,760 SF
Lot
1.16 ac (50,573 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
232-392-27-00
UPID
US09-7294033
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
-
JJS Custom Builders Construction Company General Contractor
-
AFM Industrial Manufacturer
-
Pro-Prept Motocross Suspension Service Auto Repair Shop Motorcycle Shop
-
Certified Water Damage Inc Hardware & Home Improvement Construction Company
-
MAX AIR HVAC HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.98M
CAP Approach
CAP
$3.66M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.34M
Owner & transaction history
Eleven45 Industrial LLC · 3 yrs held
Eleven45 Industrial LLC
since 2023
Last sale
$4.0M
3 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Escondido, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.8M
+23.6%
Office building
$6.4M
+16.7%
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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
$5,065,000
ML approach
$4,980,000
CAP Approach
CAP Return
Estimation
6%
$3,965,000
6.5%
$3,660,000
7%
$3,400,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,485,000
Current use
AUTO REPAIR, GARAGE
$6,780,000
Change: +24% · Conversion: Easy
OFFICE BUILDING
$6,405,000
Change: +17% · Conversion: Difficult
MEDICAL BUILDING
$5,410,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$4.34M
Range $3.91M – $4.77M · ±10% · vs last sale $4.00M (Mar 30 2023)
Last sale anchor
$4.00M
Mar 30 2023
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
$244 / 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
$46,497
Tax year 2024
Assessed value
$4,075,920
Assessed 2024
Previous assessed
$4,075,920
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$2,040,000
Assessed improvement
$2,035,920
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1978
Heating
NONE
Units
1
Total area
17,760 SF
Lot
1.16 ac (50,573 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
232-392-27-00
UPID
US09-7294033
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Escondido, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Escondido. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.5M
AUTO REPAIR, GARAGE
Est. value
$6.8M
OFFICE BUILDING
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$5.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL 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
1978
Heating
NONE
Units
1
Lot
1.16 ac
Current owner
From public records · entity-resolved
Eleven45 Industrial LLC
Entity
Mailing address
10755 SCRIPPS POWAY PKWYF720, SAN DIEGO, CA 92131-3924
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2023
$3,996,000
Eleven45 Industrial LLC
Laura Viets
Grant Deed
$2,200,000 · First Republic Bank
Mar 30, 2023
—
Eleven45 Industrial LLC
—
Deed
related
$2,200,000 · First Republic Bank
Jun 6, 2001
—
Philippe M Etal Larraburu
Larraburu,philip M & Rlette C
Quit Claim Deed
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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