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Property profile & analytics
OFF-MARKET
Estimated value
$5,830,000
Grocery and convenience stores
1260 Garnet Ave San Diego, CA 92109-2912
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7596204
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1947
Total area
19,131 SF
Lot
0.43 ac (18,717 SF)
Zoning code
COMMERCIAL
APN
423-085-12-00
UPID
US09-7596204
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
-
SDCCU ATM Credit Union
-
Diamond Health Insurance Parking Lot & Garage
-
Sprouts Farmers Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.11M
Comparable Approach
Comparable
$3.68M
Blend (final)
Blend
$5.83M
Owner & transaction history
Sfm LLC · 2 yrs held
Sfm LLC
since 2023
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, 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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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%
$7,695,000
6.5%
$7,105,000
7%
$6,595,000
Blend value · Realmo final
$5.83M
Range $5.25M – $6.41M · ±10%
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
$305 / 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
$73,541
Tax year 2024
Assessed value
$5,963,832
Assessed 2024
Previous assessed
$5,963,832
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$2,334,319
Assessed improvement
$3,629,513
Applied tax rate
8.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1947
Heating
NONE
Units
1
Total area
19,131 SF
Lot
0.43 ac (18,717 SF)
Zoning code
COMMERCIAL
APN
423-085-12-00
UPID
US09-7596204
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Heating
NONE
Units
1
Lot
0.43 ac
Current owner
From public records · entity-resolved
Sfm LLC
Entity
Free & Clear · 2 yrs held
Mailing address
864 GRAND AVE #447, SAN DIEGO, CA 92109-3906
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
Jul 31, 2023
—
Sfm LLC
Janeal W Thompson
Lease
—
Nov 12, 2021
—
1260 Garnet LLC
Marla K Hicks
Intrafamily Transfer
related
—
Nov 17, 2017
—
T3 Trust 2
Js & M Holdings LLC
Quit Claim Deed
related
—
Jun 1, 2017
—
Marla K Hicks
Taylor,mary F
Affidavit Of Death
related
—
Jan 9, 2017
—
Js & M Holdings LLC
T3 Trust 1
Quit Claim Deed
related
—
Dec 30, 2016
—
T3 Trust 2
Thompson Gregory P
Quit Claim Deed
related
—
Mar 28, 2012
—
Taylor Trust
Taylor Trust
Quit Claim Deed
related
—
May 27, 2003
—
Taylor,tr
Taylor,vernon E
Quit Claim Deed
related
—
Nov 16, 2001
—
Wild Oats Markets INC
—
Deed Of Trust
related
$125,000,000 · Wells Fargo Bank Trustee
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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