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Property profile & analytics
OFF-MARKET
Estimated value
$11,745,000
Community centers
1319 3rd Ave 41 Chula Vista, CA 91911-4302
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8786554
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1968
Total area
48,285 SF
Lot
3.66 ac (159,429 SF)
Zoning code
COMMERCIAL
APN
619-300-18-00
UPID
US09-8786554
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
-
Castle Park Retail Center Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.42M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.75M
Owner & transaction history
Palomar Castle Park LLC · 9 yrs held
Palomar Castle Park LLC
since 2016
6 recorded transactions
Zoning & alternative use
COMMERCIAL · Chula 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 Chula Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chula 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,540,000
6.5%
$13,420,000
7%
$12,460,000
Blend value · Realmo final
$11.75M
Range $10.57M – $12.92M · ±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
$243 / 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
$69,532
Tax year 2024
Assessed value
$5,933,813
Assessed 2024
Previous assessed
$5,933,813
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$2,777,528
Assessed improvement
$3,156,285
Applied tax rate
1.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1968
Heating
NONE
Units
1
Total area
48,285 SF
Lot
3.66 ac (159,429 SF)
Zoning code
COMMERCIAL
APN
619-300-18-00
UPID
US09-8786554
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Chula Vista, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Chula Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chula Vista. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Units
1
Lot
3.66 ac
Current owner
From public records · entity-resolved
Palomar Castle Park LLC
Entity
Mailing address
8445 CAMINO SANTA FE STE #205, SAN DIEGO, CA 92121-2650
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2016
—
Palomar Castle Park LLC
Palomar Partners LP
Quit Claim Deed
$8,500,000 · Barclays Bk/plc
Mar 20, 2009
$8,400,000
Partners Palomar
Rancho Palomar
Grant Deed
—
Dec 3, 1999
$6,985,620
Rancho Palomar Lo
C & B Properties Ltd
Trustees Deed
—
Dec 3, 1999
—
Rancho Palomar Lo
J E Laguardia Trustee
Trustees Deed
related
—
Jan 23, 1995
—
Laguardia J E
—
Deed Of Trust
related
$3,400,000 · Fremont Investment & Loan
Dec 17, 1993
$90,000
C & B Properties Ltd
Palomar Plaza Pa
Grant Deed
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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