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Property profile & analytics
OFF-MARKET Estimated value $3,095,000
Retail space

1202 Camino Del Mar 10 Del Mar, CA 92014-2506

5,230 SF 0.19 ac lot Built 1959
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8870979
Property summary
AI-generated overview

This exceptional two-story, 7-suite creative office building enjoys a prime corner location in the heart of Del Mar Village, boasting high visibility and signage on Camino Del Mar (at the cross streets of 12th and Camino Del Mar). Originally built in 1965 and extensively renovated in 2024, this property offers a unique blend of modern amenities and classic Del Mar charm. The 0.19-acre site features flexible suite sizes to accommodate a variety of uses, from retail and cafe spaces to creative offices. A significant advantage is the large outdoor patio space available for both the upper and lower levels, perfect for outdoor seating or additional workspace. Its location is unparalleled, just steps from the beach, numerous high-volume restaurants, and upscale shops. The property benefits from its proximity to world-class resorts such as L'Auberge, Fairmont Grand Del Mar, and Hilton San Diego, ensuring high foot traffic and visibility. Furthermore, the Del Mar Fairgrounds, attracting approximately 3 million visitors annually, is nearby, contributing to the area's vibrant atmosphere and economic activity. The property is zoned commercial (APN: 300-074-06) and presents a compelling investment opportunity in a highly desirable coastal location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1959
Total area 5,230 SF
Lot 0.19 ac (8,188 SF)
Zoning code COMMERCIAL
APN 300-074-06-00
UPID US09-8870979
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
  • Bohemian Alchemist Cafe & Coffee Shop
  • Wynston's Ice Cream Co. Grocery & Convenience Store Specialty Food Shop
  • Debonair Barbershop and Shave Parlor Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.97M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.96M
Blend (final) Blend
$3.10M
Owner & transaction history
Del Mar Sb LLC · 4 yrs held
Del Mar Sb LLC
since 2022
Last sale
$3.1M
3 recorded transactions
2022
$3.1M
2019
Price N/A
2011
Price N/A
Zoning & alternative use
COMMERCIAL · Del Mar, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $4.7M +114.6%
Restaurant $3.4M +56.2%
Medical building $2.5M +13.1%
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