Technical
Financial
Distress signals
Property profile

1240 Simpson Way Escondido, CA 92029

OFF-MARKET
Warehouses
Property ID
US09-7296640
8,470 SF 0.41 ac lot Built 1980
Trust Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Total area 8,470 SF
Lot 0.41 ac (17,724 SF)
Zoning code INDUSTRIAL (M ZONE)
APN 232-061-31-00
UPID US09-7296640

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor

Location

1240 Simpson Way Escondido, CA 92029-1406
Escondido metro Census 20313 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.40M
CAP Approach CAP
$1.75M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.98M

Owner & transaction history

since 2020
Last sale
$1.7M
7 recorded transactions
2020
Price N/A
2020
Price N/A
2020
$1.7M
2012
Price N/A
2012
$913,000
2010
Price N/A
1999
$570,000

Zoning & alternative use

INDUSTRIAL (M ZONE) · Escondido, CA
Top alternative use upside
Auto repair, garage $3.2M +23.6%
Office building $3.1M +16.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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