Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1408 Escondido Blvd Escondido, CA 92025-5771
    Property profile & analytics

    1408 Escondido Blvd, Escondido, CA 92025-5771

    View on Map
    • Parking lots & garages
    • 3,000 SF
    • 0.34 lot acres
    Off-Market
    Last Sale Feb 19, 2025
    $850,000
    Property ID
    US09-9318544
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $805,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Draperie's Service / Business Service Center

    Property Details for 1408 Escondido Blvd

    Year built
    1959
    Lot size
    0.34 lot acres
    Zone code
    COMMERCIAL
    Property type
    Parking lots & garages
    APN
    236-180-15-00
    APU
    2361801500

    Description

    This exceptional redevelopment opportunity presents a 0.34-acre lot in Escondido, CA (92025), featuring a vacant 3,000 square foot retail building. The property, located at 1408 S Escondido Blvd, boasts 23 parking spaces and a prominent 107-foot frontage on a busy thoroughfare. Currently zoned S-P, Escondido Blvd District Mixed-Use Overlay, this site offers significant potential. The existing structures, totaling approximately 3,000 square feet, are in shell condition, providing a blank canvas for a variety of uses. The site's high-density residential surroundings, including proposed apartment buildings, create a strong demand for retail and mixed-use development. The asking price is $895,000, translating to $298.33 per square foot. This property is ideal for a drive-thru, market, or other fast-service retail concepts, or alternatively, could be developed into approximately 10 multi-family units. The property's APN is 236-180-15-00. This is a rare chance to acquire a strategically located property in a thriving area of San Diego County. Don't miss this chance to capitalize on the potential of this prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $722,000
      Market price range: $722k - $3.51M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Escondido
    County
    San Diego
    State
    California
    Longitude
    -117.075
    Latitude
    33.1085
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,097
    $368,119
    $78,085
    $446,204
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.55 Acres

      980 Canterbury Pl

      PARKING GARAGE, PARKING STRUCTURE
      980 Canterbury Pl, Escondido, CA 92025-3836
      View Details
    • Value Estimation by Request
      0.02 Acres

      La Terraza Blvd

      PARKING GARAGE, PARKING STRUCTURE
      La Terraza Blvd, Escondido, CA 92025
      View Details
    • Value Estimation
      $6,450,000
      52,558 SF

      950 Msn Ave

      PARKING GARAGE, PARKING STRUCTURE
      950 Msn Ave, Escondido, CA 92025-1639
      View Details
    • Value Estimation by Request
      1,118 SF

      940 Escondido Blvd

      PARKING GARAGE, PARKING STRUCTURE
      940 Escondido Blvd, Escondido, CA 92025-5008
      View Details
    • Value Estimation by Request
      536 SF

      902 Escondido Blvd

      PARKING GARAGE, PARKING STRUCTURE
      902 Escondido Blvd, Escondido, CA 92025-5008
      View Details
    • Value Estimation
      $510,000
      1,077 SF

      Quince St

      PARKING GARAGE, PARKING STRUCTURE
      Quince St, Escondido, CA 92025
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,800 SF

      760 Mission Ave

      760 West Mission Avenue
      760 Mission Ave, Escondido, CA 92025
      View Details
    • Contact for pricing
      15,806 SF

      Leased Multi-Tenant Escondido Asset

      100% leased multi-tenant asset in downtown Escondido.
      201 E Grand Ave, Escondido, CA 92025
      View Details
    • Contact for pricing
      8,388 SF

      Escondido Retail Shopping Center Opportunity

      100% leased retail center in downtown Escondido, CA.
      145-159 S Orange St, Escondido, CA 92025
      View Details
    • $1,500,000

      Escondido Commercial Asset on Parkway

      Commercial building in Escondido with redevelopment potential.
      1025 E Valley Pkwy, Escondido, CA 92025
      View Details
    • Contact for pricing
      6,500 SF

      Retail Space Available For Sale

      Retail property with 6,500 SF available in Escondido, CA.
      228 E Grand Ave, Escondido, CA 92025
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      558 SF

      Escondido Corner Lot with Parking

      Corner lot with approximately 45 parking stalls available for rent.
      902 Escondido Blvd, Escondido, CA 92025
      View Details
    • Contact for pricing

      Escondido Retail Space Available

      Retail space available for lease in Escondido, California.
      310 West Valley Pkwy, Escondido, CA 92025
      View Details
    • Contact for pricing
      1,264 SF

      Retail Space Near I-15

      Retail space with high visibility and prime highway access.
      1004 W Valley Pkwy, Escondido, CA 92025
      View Details
    • Contact for pricing
      1,700 SF

      Retail Space in Escondido Gateway

      Highly visible retail space in a regional hub location.
      810-890 W Valley Pkwy, Escondido, CA 92025
      View Details
    • Contact for pricing
      4,637 SF

      Retail Space in Escondido

      Retail space available for lease in Escondido, California.
      101 Chamomile Gln, Escondido, CA 92025
      View Details
    • Contact for pricing

      Escondido Retail Space Available

      Retail spaces available, ranging from 4,692 to 7,500 SqFt.
      431 N Escondido Blvd, Escondido, CA 92025
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1408 Escondido Blvd
    Escondido, CA 92025-5771
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1408 Escondido Blvd, Escondido, CA, 92025
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!