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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Manufacturing properties
1405 Johnson Ave, El Cajon, CA 92020-1615
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6816944
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Total area
5,640 SF
Lot
0.4 ac (17,214 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
483-021-35-00
UPID
US09-6816944
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
$775k
CAP Approach
CAP
$890k
Comparable Approach
Comparable
$976k
Blend (final)
Blend
$770k
Owner & transaction history
Frank G Verbeke · 3 yrs held
Frank G Verbeke
since 2023
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · El Cajon, 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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
$800,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
$965,000
6.5%
$890,000
7%
$825,000
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $750k (Apr 14 2023)
Last sale anchor
$750k
Apr 14 2023
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
$137 / 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
$6,265
Tax year 2024
Assessed value
$481,579
Assessed 2024
Previous assessed
$481,579
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$315,394
Assessed improvement
$166,185
Applied tax rate
3.0000
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
Heating
NONE
Total area
5,640 SF
Lot
0.4 ac (17,214 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
483-021-35-00
UPID
US09-6816944
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · El Cajon, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.4 ac
Current owner
From public records · entity-resolved
Frank G Verbeke
Individual
Mailing address
9175 LAVELL ST, LA MESA, CA 91941-5635
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Apr 14, 2023
—
Frank G Verbeke
Frank G Verbeke
Intrafamily Transfer
related
—
May 18, 2022
—
Frank G Verbeke
—
Deed
related
$400,000 · Balboa Thrift & Loan
Jun 21, 2001
$750,000
Frank G Verbeke
Alan F Diamond Trustee
Grant Deed
$675,000 · Cnl Commercial Finance INC
—
—
Frank G Verbeke
—
Deed Of Trust
related
$720,000 · Balboa Thrift & Ln
—
—
Frank G Verbeke
—
Deed Of Trust
related
$133,750 · Bet Capital Corp
—
—
Frank G Verbeke
—
Deed Of Trust
related
$225,000 · Ashford Capital LLC
—
—
Frank G Verbeke
—
Deed Of Trust
related
$250,000 · Commercial Bridge Capital LLC
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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