New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,490,000
Warehouses
12570 Hwy 67, Lakeside, CA 92040-1159
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US09-9622611
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Total area
48,450 SF
Lot
22.71 ac (989,247 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
326-051-02-00
UPID
US09-9622611
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.49M
Owner & transaction history
Erreca Associates LLC · 20 yrs held
Erreca Associates LLC
since 2005
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Lakeside, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$113 / 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
$13,540
Tax year 2024
Assessed value
$724,838
Assessed 2024
Previous assessed
$724,838
+0.0% YoY
Effective rate
1.87%
On assessed value
Assessed land
$456,471
Assessed improvement
$268,367
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
1991
Heating
NONE
Units
1
Total area
48,450 SF
Lot
22.71 ac (989,247 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
326-051-02-00
UPID
US09-9622611
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.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Units
1
Lot
22.71 ac
Current owner
From public records · entity-resolved
Erreca Associates LLC
Entity
Mailing address
PO BOX 518, LAKESIDE, CA 92040-0518
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 2, 2019
—
Erreca Associates LLC
—
Deed
related
$4,036,914 · Western Alliance Bk
Oct 25, 2018
—
Erreca Associates LLC
—
Deed
related
$3,893,760 · Western Alliance Bk
Mar 27, 2018
—
Erreca Associates LLC
—
Deed
related
$3,435,579 · Western Alliance Bk
Aug 25, 2017
—
Erreca Associates LLC
—
Deed
related
$2,466,733 · Western Alliance Bk
Jul 18, 2005
—
Erreca Associates LLC
Erreca,scott C
Quit Claim Deed
—
Apr 6, 2004
—
Erreca Associates LLC
Erreca Associates LLC
Quit Claim Deed
related
$2,000,000 · California Bank & Trust
Sep 27, 1996
—
Errecas INC
—
Grant Deed
related
$750,000 · Grossmont Bank
Sep 23, 1996
—
Erreca Associates
Erreca's INC Etal,
Quit Claim Deed
related
—
Dec 29, 1995
—
Erreca's INC
Chilcote Trust
Grant Deed
$2,000,000 · Seller
Feb 5, 1988
$16,000
Monty L Chilcote
Aspha
Grant Deed
$1,600,000 · Homefed Bank
—
—
Erreca Associates LLC
—
Loan Modification
related
$4,036,914 · Western Alliance Bk
—
—
Erreca Associates LLC
—
Loan Modification
related
$2,466,733 · Western Alliance Bk
—
—
Erreca Associates LLC
—
Loan Modification
related
$3,435,579 · Western Alliance Bk
—
—
Erreca Associates LLC
—
Loan Modification
related
$3,893,760 · Western Alliance Bk
—
—
Erreca Associates LLC
—
Deed Of Trust
related
$2,270,000 · Torrey Pines 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12570 Hwy 67?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.