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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Retail space
126 Elder Ave Imperial Beach, CA 91932-2408
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8851895
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Total area
647 SF
Lot
0.24 ac (10,279 SF)
Zoning code
COMMERCIAL
APN
625-352-26-01
UPID
US09-8851895
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
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$439k
Blend (final)
Blend
$695k
Owner & transaction history
Jauhn Hinkle · 2 yrs held
Jauhn Hinkle
since 2023
Last sale
$682,000
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Imperial Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+291.4%
Neighborhood: shopping center
$585,000
+114.6%
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 Imperial Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Imperial Beach 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
$710,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,065,000
Change: +291% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$585,000
Change: +115% · Conversion: Moderate
Blend value · Realmo final
$695k
Range $626k – $765k · ±10% · vs last sale $682k (Oct 27 2023)
Last sale anchor
$682k
Oct 27 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
$1,074 / 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
$8,391
Tax year 2024
Assessed value
$709,088
Assessed 2024
Previous assessed
$709,088
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$447,372
Assessed improvement
$261,716
Applied tax rate
14.0000
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
1988
Heating
NONE
Units
1
Total area
647 SF
Lot
0.24 ac (10,279 SF)
Zoning code
COMMERCIAL
APN
625-352-26-01
UPID
US09-8851895
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Imperial Beach, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Imperial Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$585,000
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
1988
Heating
NONE
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Jauhn Hinkle
Individual
Mailing address
1122 MANCHESTER ST, NATIONAL CITY, CA 91950-4117
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2023
—
Jauhn Hinkle
Jauhn Hinkle
Intrafamily Transfer
related
—
Mar 28, 2022
$682,000
Jauhn Hinkle
Joseph A Abbadessa
Grant Deed
$304,549 · Lendsure Mortgage Corp
Feb 7, 2013
—
Joseph A Abbadessa
Abbadessa,joseph A
Quit Claim Deed
related
—
Feb 6, 2013
—
Joseph A Abbadessa
Abbadessa,marami M
Quit Claim Deed
related
$130,300 · Provident Savings Bank
Jun 11, 2010
$165,000
Joseph A Abbadessa
Melba 16 LLC
Grant Deed
$132,000 · Coldwell Banker Home Loans
Jul 17, 2008
$25,000
Melba 16 LLC
Cesn Elder 12 LLC
Grant Deed
—
Jan 24, 2006
$1,950,000
Cesn Elder 12 LLC
Elder Street Apts LLC
Grant Deed
related
$1,750,000 · First National Bank
—
—
Joseph A Abbadessa
—
Deed Of Trust
related
$132,000 · Pnc Mortgage
—
—
Cesn Construction INC
—
Deed Of Trust
related
$1,200,000 · Elder St Apts Lllc
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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