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Property profile & analytics
FOR LEASE
Retail space
120 Ballantyne St El Cajon, CA 92020
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7044646
For Lease
1 / 9
$2,160,000
120 Ballantyne St, El Cajon, CA 92020
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2019
Total area
10,499 SF
Lot
0.18 ac (7,663 SF)
Zoning code
COMMERCIAL
APN
488-111-34-00
UPID
US09-7044646
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
-
Albert Shamasha REALTOR® Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.95M
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$2.16M
Owner & transaction history
M & A Investment Group LLC · 9 yrs held
M & A Investment Group LLC
since 2017
7 recorded transactions
Zoning & alternative use
COMMERCIAL · El Cajon, 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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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%
$2,110,000
6.5%
$1,950,000
7%
$1,810,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,010,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,965,000
Change: -1% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,900,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$2.16M
Range $1.94M – $2.38M · ±10%
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
$206 / 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
$42,572
Tax year 2024
Assessed value
$3,046,355
Assessed 2024
Previous assessed
$3,046,355
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$580,291
Assessed improvement
$2,466,064
Applied tax rate
3.0000
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
For Lease
Year built
2019
Heating
NONE
Units
8
Total area
10,499 SF
Lot
0.18 ac (7,663 SF)
Zoning code
COMMERCIAL
APN
488-111-34-00
UPID
US09-7044646
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
WAREHOUSE, STORAGE
Est. value
$2.9M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
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
Year built
2019
Heating
NONE
Units
8
Lot
0.18 ac
Current owner
From public records · entity-resolved
M & A Investment Group LLC
Entity
Mailing address
6271 JACKSON DR, SAN DIEGO, CA 92119-3405
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2021
—
M & A Investment Group LLC
—
Deed
related
$1,900,000 · University And State Employees Credit Un
Mar 5, 2020
—
M & A Investment Group LLC
—
Deed
related
$1,454,000 · First Choice Bank
Sep 11, 2017
—
M & A Investment Group LLC
—
Trustees Deed
related
$1,454,000 · Pacific Commerce Bk
Mar 29, 2017
—
M & A Investment Group LLC
H & A Investment Props LLC
Grant Deed
—
Mar 24, 2017
$510,000
H & A Investment Props LLC
Sd Alpha Dev LLC
Grant Deed
—
Aug 20, 2015
$327,000
Sd Alpha Dev LLC
Mcmillan,russ
Grant Deed
—
May 12, 2003
—
Russ Mcmillan
Mcmillan,susan G
Quit Claim Deed
related
—
May 12, 2003
$159,500
Russ Mcmillan
Osborne,tr
Grant Deed
—
—
—
John W K Osborne
—
Deed Of Trust
related
$60,000 · Grossmont 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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