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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Medical Office Space
135 3rd Ave Escondido, CA 92025-4252
Trust Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6556342
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1990
Total area
3,376 SF
Lot
0.16 ac (6,972 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
233-162-05-00
UPID
US09-6556342
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
-
David E. Blasband, PHD Physician
-
Katherine Leahy Psychotherapist
-
Escondido Psychotherapy Center: Himelstein Skip Family Counselor
-
Jaclyn Gang PhD Marriage Or Relationship Counselor Psychologist
-
Grace Counseling & Psychotherapy, Inc. Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$844k
Blend (final)
Blend
$655k
Owner & transaction history
The Flores Family Trust · 11 yrs held
The Flores Family Trust
since 2015
7 recorded transactions
Zoning & alternative use
RESTRICTED COMMERCIAL · Escondido, 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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,020,000
Current use
WAREHOUSE, STORAGE
$925,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$655k
Range $590k – $721k · ±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
$194 / 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
$7,960
Tax year 2024
Assessed value
$695,180
Assessed 2024
Previous assessed
$695,180
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$235,654
Assessed improvement
$459,526
Applied tax rate
4.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1990
Heating
NONE
Units
1
Bathrooms
1
Total area
3,376 SF
Lot
0.16 ac (6,972 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
233-162-05-00
UPID
US09-6556342
Jurisdiction
SAN DIEGO
Zoning & alternative use
RESTRICTED COMMERCIAL · Escondido, CA
Zoning RESTRICTED COMMERCIAL · permitted uses
RESTRICTED COMMERCIAL · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Escondido. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$925,000
MEDICAL BUILDING Current
WAREHOUSE, STORAGE
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
1990
Heating
NONE
Units
1
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
The Flores Family Trust
Trust
Mailing address
1140 SIERRA BONITA, FALLBROOK, CA 92028-3781
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2015
$590,000
The Flores Family Trust
Kalpati LLC
Grant Deed
$501,500 · First Citizens Bank & Trust Co
Jan 7, 2008
—
Kalpati LLC
Reznichek Robert V & N E
Quit Claim Deed
related
—
Mar 9, 1990
$260,000
Robert Reznichek
Reznichek Chisum
Quit Claim Deed
related
$260,000 · Standard Insurance Co
Apr 22, 1988
$96,000
Reznichek-chisum
Rezni
Grant Deed
related
—
—
—
Flores Family Trust
—
Deed Of Trust
related
$412,000 · First Citizens Bk
—
—
Robert Reznichek
—
Deed Of Trust
related
$140,000 · Rancho Santa Fe Bank
—
—
Kalpati LLC
—
Deed Of Trust
related
$90,000 · Wir Holdings
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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