New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,285,000
Warehouses
12889 Gregg Ct Poway, CA 92064-6833
Entity Owned
21-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9571729
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Total area
72,454 SF
Lot
4.62 ac (201,247 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
317-270-51-00
UPID
US09-9571729
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
-
Diazyme Laboratories, Inc. Corporate Office
-
General Atomics Aeronautical Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.49M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.29M
Owner & transaction history
Sorrento West Properties INC · 21 yrs held
Sorrento West Properties INC
since 2004
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Poway, 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 Poway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Poway 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%
$16,775,000
6.5%
$15,485,000
7%
$14,380,000
Blend value · Realmo final
$12.29M
Range $11.06M – $13.51M · ±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
$170 / 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
$182,901
Tax year 2024
Assessed value
$15,881,105
Assessed 2024
Previous assessed
$15,881,105
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$4,783,049
Assessed improvement
$11,098,056
Applied tax rate
17.0000
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
1998
Heating
NONE
Units
1
Total area
72,454 SF
Lot
4.62 ac (201,247 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
317-270-51-00
UPID
US09-9571729
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Poway, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Poway, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Poway. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Heating
NONE
Units
1
Lot
4.62 ac
Current owner
From public records · entity-resolved
Sorrento West Properties INC
Entity
Mailing address
3377 N TORREY PNES CT STE #100, LA JOLLA, CA 92037-1016
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
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
Nov 14, 2025
—
Sorrento West Properties INC
—
Deed
related
$250,000,000 · Bmo Bank NA
Dec 7, 2020
—
Sorrento West Properties INC
—
Deed
related
$209,500,000 · Bank Of The West
May 4, 2017
—
Sorrento West Properties INC
—
Grant Deed
related
$130,000,000 · Bank Of The West
Nov 18, 2016
—
Sorrento West Properties INC
—
Deed
related
$130,000,000 · Bank Of The West
Dec 16, 2004
$9,536,818
Sorrento West Properties INC
Tecate Industries Property LLC
Deed Of Trust
related
$7,628,000 · Bank Of The West
Jun 24, 1997
—
Tecate Industries Property LLC
—
Grant Deed
related
$2,500,000 · Sanwa Bank California
Oct 8, 1996
$524,500
Tecate Industries Property LLC
Wh Pomerado LLC
Grant Deed
—
—
—
Tecate Indutries Property LLC
—
Deed Of Trust
related
$230,000 · Nationwide Life Insurance Co
—
—
Sorrento West Properties INC
—
Loan Modification
related
$209,500,000 · Bank Of The West
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 12889 Gregg Ct?
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.
