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Property profile & analytics
OFF-MARKET
Estimated value
$920,000
Retail space
119 Alvarado St 29 Fallbrook, CA 92028-2049
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-9927382
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
3,782 SF
Lot
0.11 ac (4,878 SF)
Zoning code
COMMERCIAL
APN
103-225-13-00
UPID
US09-9927382
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
$915k
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$920k
Owner & transaction history
Abc Birth Services INC · 4 yrs held
Abc Birth Services INC
since 2021
Last sale
$845,000
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Fallbrook, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+66.6%
Office building
$1.4M
+57.4%
Warehouse, storage
$1.1M
+23.7%
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 Fallbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallbrook 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
$935,000
ML approach
$920,000
CAP Approach
CAP Return
Estimation
6%
$990,000
6.5%
$915,000
7%
$850,000
Alternative Use
Use
Estimation
RETAIL STORES
$865,000
Current use
AUTO REPAIR, GARAGE
$1,445,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$1,365,000
Change: +57% · Conversion: Easy
WAREHOUSE, STORAGE
$1,070,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$920k
Range $828k – $1.01M · ±10% · vs last sale $845k (Aug 18 2021)
Last sale anchor
$845k
Aug 18 2021
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
$9,428
Tax year 2024
Assessed value
$879,138
Assessed 2024
Previous assessed
$879,138
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$312,120
Assessed improvement
$567,018
Applied tax rate
75.0000
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
Heating
NONE
Units
1
Total area
3,782 SF
Lot
0.11 ac (4,878 SF)
Zoning code
COMMERCIAL
APN
103-225-13-00
UPID
US09-9927382
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Fallbrook, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallbrook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$865,000
AUTO REPAIR, GARAGE
Est. value
$1.4M
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
Heating
NONE
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Abc Birth Services INC
Entity
Mailing address
119 E ALVARADO ST, FALLBROOK, CA 92028-2049
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2023
—
Abc Birth Services INC
—
Deed
related
$100,000 · Banner Bank
Aug 18, 2021
$845,000
Abc Birth Services INC
Barbara Findler
Grant Deed
$718,200 · Enterprise Bank & Trust
Jul 11, 2017
—
Findler,barbara Trust
Findler,barbara
Quit Claim Deed
related
—
Aug 2, 2016
—
Barbara Findler
—
Deed
related
$300,000 · Wells Fargo Bank NA
May 25, 2006
—
Barbara Findler
Lozzi Family Trust
Grant Deed
related
$290,000 · First California Bank
Oct 28, 1996
—
Craig Michael Etal Lozzi
Lozzi,craig Etal
Quit Claim Deed
related
—
Aug 15, 1996
$215,000
Craig Lozzi
Rajkovich Trust
Grant Deed
$305,500 · Fallbrook National Bank
—
—
Lozzi Trust
—
Deed Of Trust
related
$37,500 · Fallbrook National Bank
—
—
Craig M Lozzi
—
Deed Of Trust
related
$337,500 · Temecula Valley National Bank
—
—
Rajkovich Caroli
—
Deed Of Trust
related
$66,000 · Individual
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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