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Property profile & analytics
FOR LEASE
Community centers
11465 Carmel Mountain Rd San San Diego, CA 92128
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-6716103
For Lease
1 / 8
$19,410,000
11465 Carmel Mountain Rd,Unit San, San Diego, CA 92128
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1995
Total area
44,230 SF
Lot
3.96 ac (172,497 SF)
Zoning code
COMMERCIAL
APN
313-042-01-00
UPID
US09-6716103
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
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
All American Carpet Cleaning Service General Contractor Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.41M
Owner & transaction history
Areg Brixton Cmg Tic Owner LLC
Areg Brixton Cmg Tic Owner LLC
since 2025
Last sale
$21.4M
6 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, 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 Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,380,000
6.5%
$18,815,000
7%
$17,470,000
Blend value · Realmo final
$19.41M
Range $17.47M – $21.35M · ±10% · vs last sale $21.35M (Jun 17 2025)
Last sale anchor
$21.35M
Jun 17 2025
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
$439 / 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
$176,016
Tax year 2024
Assessed value
$16,031,706
Assessed 2024
Previous assessed
$16,031,706
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$5,072,067
Assessed improvement
$10,959,639
Applied tax rate
8.0000
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1995
Heating
NONE
Units
1
Total area
44,230 SF
Lot
3.96 ac (172,497 SF)
Zoning code
COMMERCIAL
APN
313-042-01-00
UPID
US09-6716103
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Heating
NONE
Units
1
Lot
3.96 ac
Current owner
From public records · entity-resolved
Areg Brixton Cmg Tic Owner LLC
Entity
Mailing address
3625 W DEL AMO BLVD STE #350, TORRANCE, CA 90503-1689
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
$21,350,000
Areg Brixton Cmg Tic Owner LLC
Ben Tipp Testamentary Gateway LLC
Grant Deed
$12,600,000 · Zb NA
Jun 7, 2023
—
Ben Tipp Testamentary Gateway LLC
—
Deed
related
$2,000,000 · Citizens Business Bank
Mar 28, 2018
—
Ben Tipp Testamentary Gateway LLC
—
Deed
related
$8,500,000 · Citizens Business Bank
Jul 1, 1998
$8,900,000
—
—
Grant Deed
related
—
Oct 31, 1994
$8,000,000
Advantage Real Estate I Franklin
—
Grant Deed
related
—
Apr 5, 1994
—
Wes Land INC
—
Grant Deed
related
$4,525,000 · San Diego Trust & Savings 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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