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Property profile & analytics
OFF-MARKET
Estimated value
$5,155,000
Warehouses
12206 Industry Rd, Lakeside, CA 92040-1747
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9403812
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Total area
13,264 SF
Lot
3.01 ac (131,115 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
394-011-31-00
UPID
US09-9403812
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
-
United Rentals (Bike/Boat/Book/etc) Store Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.90M
Blend (final)
Blend
$5.16M
Owner & transaction history
Sukut Dev INC · 6 yrs held
Sukut Dev INC
since 2020
Last sale
$4.9M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Lakeside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$6.3M
+67.5%
Auto repair, garage
$5.1M
+34.7%
Office building
$4.8M
+27.3%
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 Lakeside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lakeside 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,760,000
Current use
MEDICAL BUILDING
$6,295,000
Change: +67% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,065,000
Change: +35% · Conversion: Easy
OFFICE BUILDING
$4,785,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$4,380,000
Change: +17% · Conversion: Moderate
Blend value · Realmo final
$5.16M
Range $4.64M – $5.67M · ±10% · vs last sale $4.85M (Jan 30 2020)
Last sale anchor
$4.85M
Jan 30 2020
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
$389 / 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
$63,783
Tax year 2024
Assessed value
$5,200,178
Assessed 2024
Previous assessed
$5,200,178
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$3,377,435
Assessed improvement
$1,822,743
Applied tax rate
82.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
NONE
Units
1
Total area
13,264 SF
Lot
3.01 ac (131,115 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
394-011-31-00
UPID
US09-9403812
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Lakeside, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Lakeside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lakeside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$6.3M
AUTO REPAIR, GARAGE
Est. value
$5.1M
OFFICE BUILDING
Est. value
$4.8M
RETAIL STORES
Est. value
$4.4M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
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
1998
Heating
NONE
Units
1
Lot
3.01 ac
Current owner
From public records · entity-resolved
Sukut Dev INC
Entity
Mailing address
4010 W CHANDLER AVE, SANTA ANA, CA 92704-5202
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2020
—
Sukut Dev INC
—
Deed
related
$3,311,000 · Bank Of America
Jan 30, 2020
$4,850,000
Sukut Dev INC
Gift Lloyd W Trust
Grant Deed
—
Feb 27, 2006
—
Wells Lloyd H Trust
—
Deed Of Trust
related
$10,000,000 · Bank Of The West
Dec 28, 2001
—
Wells Trust
United Rental North America In
Grant Deed
related
—
Feb 26, 1997
—
U S Rentals INC Etal
Usr Holdings INC,
Grant Deed
related
—
Feb 23, 1996
$1,051,000
U S Rentals INC
Lakeside Business Park INC
Grant Deed
—
—
—
Sukut Dev INC
—
Deed Of Trust
related
$3,311,000 · Bank Of America
—
—
Wells Lloyd H Trust
—
Deed Of Trust
related
$7,000,000 · Bank Of The West
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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