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Property profile & analytics
OFF-MARKET
Estimated value
$2,175,000
Manufacturing properties
1210 Olive St Ramona, CA 92065-1825
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-9878840
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Total area
1,452 SF
Lot
2.77 ac (120,661 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
281-121-12-00
UPID
US09-9878840
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
-
Jaxx Cannabis (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.18M
Owner & transaction history
Carlos Gutierrez · 2 yrs held
Carlos Gutierrez
since 2023
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Ramona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+502.9%
Neighborhood: shopping center
$1.3M
+230.6%
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 Ramona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ramona 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
$2,140,000
ML approach
$2,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,385,000
Change: +503% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,310,000
Change: +231% · Conversion: Difficult
Blend value · Realmo final
$2.18M
Range $1.96M – $2.39M · ±10% · vs last sale $2.17M (Nov 3 2023)
Last sale anchor
$2.17M
Nov 3 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
$1,498 / 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
$24,237
Tax year 2024
Assessed value
$2,168,000
Assessed 2024
Previous assessed
$2,168,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,930,000
Assessed improvement
$238,000
Applied tax rate
65.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Heating
NONE
Units
1
Bathrooms
2
Total area
1,452 SF
Lot
2.77 ac (120,661 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
281-121-12-00
UPID
US09-9878840
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Ramona, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Ramona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ramona. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1972
Heating
NONE
Units
1
Bathrooms
2
Lot
2.77 ac
Current owner
From public records · entity-resolved
Carlos Gutierrez
Individual
Mailing address
1210 OLIVE ST, RAMONA, CA 92065-1825
Mailing matches property
Yes
Owner-occupied
Yes
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2023
$2,168,000
Carlos Gutierrez
Olive St Finance LLC
Grant Deed
$1,000,000 · Olive St Finance LLC
Nov 3, 2023
—
Carlos Gutierrez
Jeannete Lizarraga
Grant Deed
—
Oct 16, 2023
—
Olive St Finance LLC
Stephen Lake
Grant Deed
—
Nov 4, 2020
—
Stephen Lake
—
Deed
related
$617,000 · Michael Mccurdy
Oct 30, 2017
—
Stephen Lake
—
Deed
related
$780,000 · Amy Sherlock
Jan 8, 2015
$999,000
Stephen Lake
Ed L Construction INC
Grant Deed
—
Jan 8, 2015
—
Stephen Lake
Lake,kelly K
Quit Claim Deed
related
—
Dec 13, 2011
$741,000
Ed L Construction INC
Moore,robert W & Christine M
Quit Claim Deed
related
—
Jan 4, 2011
$775,000
Robert Moore
Wells Fargo Bk NA
Grant Deed
—
Aug 5, 2010
$740,886
Fargo Bk NA Wells
Wt Capital Lender Services
Trustees Deed
related
—
Apr 17, 2008
—
JR Steel Properties LLC
Truitt,james C
Quit Claim Deed
related
—
Oct 29, 2007
$1,360,000
James C Truitt
Tim E Richardson
Grant Deed
$725,000 · Wells Fargo Bank NA
Oct 29, 2007
—
James C Truitt
Bowman,rochelle L
Grant Deed
related
—
Jan 24, 2000
—
Tim E Richardson
—
Grant Deed
related
$600,000 · Rancho Bernardo Bank
Aug 4, 1999
$389,000
Richardosn,tim E & Laura L
Reedy,william J
Trustees Deed
—
—
—
Stephen Lake
—
Deed Of Trust
related
$780,000 · Richard A Rhoads
—
—
Stephen Lake
—
Deed Of Trust
related
$780,000 · Amy Sherlock
—
—
Stephen Lake
—
Deed Of Trust
related
$617,000 · Michael Mccurdy
—
—
Tim E Richardson
—
Deed Of Trust
related
$208,750 · National 1031 Exchange Corp
—
—
Robert Moore
—
Deed Of Trust
related
$350,000 · California Community 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.
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