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Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Retail space
1302 National City Blvd National City, CA 91950-4356
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9525067
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1946
Total area
5,459 SF
Lot
0.11 ac (4,902 SF)
Zoning code
COMMERCIAL
APN
560-014-10-00
UPID
US09-9525067
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
-
Abbey Downtown - Boutique Event Center Take-out & Catering Catering Service
-
U.S. Route 101 Tour Operator
-
Jason wedding rehearsal Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.01M
CAP Approach
CAP
$1.32M
Comparable Approach
Comparable
$612k
Blend (final)
Blend
$1.01M
Owner & transaction history
Abbico LLC · 2 yrs held
Abbico LLC
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · National City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.5M
+10.2%
Apartment house (5+ units)
$1.4M
+3.0%
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 National City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs National City 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
$1,005,000
ML approach
$1,005,000
CAP Approach
CAP Return
Estimation
6%
$1,430,000
6.5%
$1,320,000
7%
$1,225,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,350,000
Current use
INDUSTRIAL (GENERAL)
$1,490,000
Change: +10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$1,390,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $1.00M (Jan 30 2024)
Last sale anchor
$1.00M
Jan 30 2024
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
$184 / 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
$14,328
Tax year 2024
Assessed value
$1,140,671
Assessed 2024
Previous assessed
$1,140,671
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$568,914
Assessed improvement
$571,757
Applied tax rate
6.0000
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
1946
Heating
NONE
Units
1
Total area
5,459 SF
Lot
0.11 ac (4,902 SF)
Zoning code
COMMERCIAL
APN
560-014-10-00
UPID
US09-9525067
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · National City, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · National City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
National City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.4M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1946
Heating
NONE
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Abbico LLC
Entity
Mailing address
631 W PENNSYLVANIA AVE, SAN DIEGO, CA 92103-3951
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2024
—
Abbico LLC
Abbico LLC
Intrafamily Transfer
related
—
May 16, 2023
—
Abbico LLC
Dajani Hospitality INC
Quit Claim Deed
related
—
Jun 8, 2018
—
Dajani Hospitality INC
—
Deed
related
$636,000 · Cdc Small Busn Fin
Oct 24, 2016
$1,002,500
Dajani Hospitality INC
135 Civic Center LLC
Grant Deed
$1,016,000 · Bank Of Sthrn Ca
Oct 20, 2014
—
135 Civic Center LLC
1302 National City LLC
Quit Claim Deed
related
—
Oct 18, 2011
$441,000
1302 National City LLC
Mmm LP
Quit Claim Deed
related
—
Sep 30, 2010
$449,000
Mmm LP
Lehman Brothers 2005-1
Grant Deed
—
Jul 22, 2010
$580,500
Lehman Brothers Series 2005-1
Assured Lender Svcs INC
Trustees Deed
related
—
Mar 12, 2010
—
Sabah Abro
Ninas Bonitas LLC
Grant Deed
—
May 5, 2009
—
John R Dunstan
—
Trustees Deed
related
$233,000 · Ninas Bonitas LLC
May 31, 2007
—
Ninas Bonitas LLC
—
Trustees Deed
related
$200,000 · John R Dunstan
Apr 5, 2004
$725,000
Ninas Bonitas LLC
Rancourt,tr
Grant Deed
$543,750 · Cnl Commercial Finance INC
Dec 28, 1999
—
Bertrand C Etal Rancourt
Rancourt,bertrand Conrad Etal
Quit Claim Deed
related
—
May 2, 1989
—
Edward Wishner
Southwestern Imp
Quit Claim Deed
related
—
May 2, 1989
$313,500
Rancourt Bertran
Southwestern Imp
Trustees Deed
$165,000 · First Interstate Bank Californ
—
—
Bertrand C Rancourt
—
Deed Of Trust
related
$200,000 · Wells Fargo Bank
—
—
Dajani Hospitality INC
—
Deed Of Trust
related
$636,000 · Cdc Small Busn Fin
—
—
Ninas Bonitas LLC
—
Deed Of Trust
related
$100,000 · John R Dunstan
—
—
Steve Doherty
—
Deed Of Trust
related
$106,000 · First Interstate Bank Californ
—
—
Bertran Rancourt
—
Deed Of Trust
related
—
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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