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Property profile & analytics
OFF-MARKET
Manufacturing properties
1285 Distribution Way Vista, CA 92081-8817
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-9668922
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1996
Total area
9,054 SF
Lot
0.51 ac (22,215 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
219-531-20-00
UPID
US09-9668922
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
by Request
Owner & transaction history
Erich E Wilms Living Trust
Erich E Wilms Living Trust
since 2025
Last sale
$2.9M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Vista, 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 Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vista 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
—
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
$11,522
Tax year 2024
Assessed value
$901,293
Assessed 2024
Previous assessed
$901,293
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$164,482
Assessed improvement
$736,811
Applied tax rate
12.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1996
Heating
NONE
Units
1
Total area
9,054 SF
Lot
0.51 ac (22,215 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
219-531-20-00
UPID
US09-9668922
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Vista, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vista. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Units
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Erich E Wilms Living Trust
Trust
Mailing address
1214 AVENIDA MIGUEL, ENCINITAS, CA 92024-5613
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2025
$2,850,000
Erich E Wilms Living Trust
Lackritz Family Trust
Grant Deed
—
Dec 9, 2025
—
Lackritz Family Trust
Gil Lackritz
Deed
related
—
Dec 22, 2020
—
Gil Lackritz
—
Deed
related
$1,300,000 · Standard Insurance Co
Jun 14, 2002
—
Gil Lackritz
—
Trustees Deed
related
$70,000 · Benchmark Financial & Real Est
Mar 20, 1995
$94,500
Gil Lackritz
North County Industrial Park
Grant Deed
$426,600 · North County Bank
Jul 8, 1994
$72,000
Pac West Land Care INC
Union Bank
Grant Deed
$52,926 · North County Bank
Jun 28, 1994
—
North County Industrial Park L
—
Deed Of Trust
related
$1,817,000 · Union Bank
—
—
Gil Lackritz
—
Deed Of Trust
related
$975,000 · Standard Insurance Co
—
—
Gil Lackritz
—
Deed Of Trust
related
$300,000 · Supato International INC
—
—
Gil Lackrtiz
—
Deed Of Trust
related
$472,000 · Bank Of America
—
—
Gil Lackritz
—
Deed Of Trust
related
$250,000 · Fackler Family Trust
—
—
Gil Lackritz
—
Deed Of Trust
related
$81,271 · D Patrick & Sue O'connell
—
—
Gil Lackritz
—
Deed Of Trust
related
$100,000 · North County 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.
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