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Property profile & analytics
OFF-MARKET
Estimated value
$7,895,000
Retail space
1210 Rainbow Hls Rd, Fallbrook, CA 92028-8381
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9844628
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Total area
2,200 SF
Lot
5.75 ac (250,470 SF)
Zoning code
AGRICULTURAL
APN
102-721-01-00
UPID
US09-9844628
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
$7.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.90M
Owner & transaction history
Realty Income Properties 4 LLC · 3 yrs held
Realty Income Properties 4 LLC
since 2022
Last sale
$8.0M
7 recorded transactions
Zoning & alternative use
AGRICULTURAL · Fallbrook, 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 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
$7,940,000
ML approach
$7,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.90M
Range $7.11M – $8.68M · ±10% · vs last sale $7.98M (Nov 22 2022)
Last sale anchor
$7.98M
Nov 22 2022
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
$3,589 / 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
$3,516
Tax year 2024
Assessed value
$295,800
Assessed 2024
Previous assessed
$295,800
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$193,800
Assessed improvement
$102,000
Applied tax rate
93.0000
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
Year built
1930
Heating
NONE
Units
1
Bathrooms
1
Total area
2,200 SF
Lot
5.75 ac (250,470 SF)
Zoning code
AGRICULTURAL
APN
102-721-01-00
UPID
US09-9844628
Jurisdiction
SAN DIEGO
Zoning & alternative use
AGRICULTURAL · Fallbrook, CA
Zoning AGRICULTURAL · permitted uses
AGRICULTURAL · 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.
Building & site characteristics
From public records
Year built
1930
Heating
NONE
Units
1
Bathrooms
1
Lot
5.75 ac
Current owner
From public records · entity-resolved
Realty Income Properties 4 LLC
Entity
Mailing address
14000 N PIMA RD STE #150, SCOTTSDALE, AZ 85260-3972
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2022
$7,981,000
Realty Income Properties 4 LLC
1210 Rainbow Hills LLC
Grant Deed
—
Sep 12, 2022
—
1210 Rainbow Hills LLC
—
Deed
related
$10,000 · Ares Capital Corporation
Oct 6, 2021
—
1210 Rainbow Hills LLC
Moon Valley Nursery LLC
Grant Deed
—
Mar 20, 2020
—
Moon Valley Nursery LLC
—
Deed
related
$115,000,000 · National Bk/az
Nov 1, 2017
—
Moon Valley Nursery LLC
—
Grant Deed
related
$125,000,000 · Us Bk
Jun 4, 2014
$3,000,000
Moon Valley Nursery LLC
Barcelo Family Trust
Grant Deed
—
Oct 8, 2012
—
Barcelo Family Trust
—
Deed Of Trust
related
$17,283,007 · Bank Of The West
Feb 24, 2011
—
Barcelo Family Trust
—
Deed Of Trust
related
$1,500,000 · Bank Of The West
Jun 28, 2010
—
Barcelo Family Trust
—
Deed Of Trust
related
$9,939,000 · Bank Of The West
Feb 25, 2005
—
Barcelo Family Trust
Barcelo Family Trust
Quit Claim Deed
related
$4,003,842 · First Bank & Trust
Apr 15, 2004
$415,000
Barcelo,tr
Roberts,tr
Grant Deed
—
Oct 24, 2001
—
Cornelia A Etal Roberts
Roberts,cornelia A
Quit Claim Deed
related
—
—
—
Moon Valley Nursery LLC
—
Deed Of Trust
related
$26,712,000 · Us Bk
—
—
Moon Valley Nursery LLC
—
Deed Of Trust
related
$115,000,000 · National Bk/az
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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