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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Retail space
1412 Louise Dr Alpine, CA 91901-2269
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9968347
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1972
Total area
5,094 SF
Lot
0.66 ac (28,593 SF)
Zoning code
COMMERCIAL
APN
403-331-11-00
UPID
US09-9968347
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
-
Alpine Budget Window CA Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
$1.23M
Comparable Approach
Comparable
$751k
Blend (final)
Blend
$915k
Owner & transaction history
Christopher Miller · 2 yrs held
Christopher Miller
since 2023
Last sale
$890,000
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Alpine, 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 Alpine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alpine 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
$925,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
$1,335,000
6.5%
$1,230,000
7%
$1,145,000
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10% · vs last sale $890k (Oct 23 2023)
Last sale anchor
$890k
Oct 23 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
$180 / 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
$13,582
Tax year 2024
Assessed value
$1,069,613
Assessed 2024
Previous assessed
$1,069,613
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$336,505
Assessed improvement
$733,108
Applied tax rate
51.0000
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
1972
Heating
NONE
Units
1
Total area
5,094 SF
Lot
0.66 ac (28,593 SF)
Zoning code
COMMERCIAL
APN
403-331-11-00
UPID
US09-9968347
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Alpine, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Alpine, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1972
Heating
NONE
Units
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
Christopher Miller
Individual
Free & Clear · 2 yrs held
Mailing address
2830 VIA VIEJAS OESTE, ALPINE, CA 91901-3152
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2023
—
Christopher Miller
Christopher Miller
Intrafamily Transfer
related
—
Jun 20, 2014
—
Christopher W Miller
Miller,debra Y
Quit Claim Deed
related
—
Jun 20, 2014
$890,000
Christopher Wayne Miller
Viejas Band Kumeyaay Indians
Grant Deed
$822,600 · Wells Fargo Bank NA
Jul 10, 2002
$925,000
Indians Viejas B Kumeyaay
Glenhaven II Family LP
Grant Deed
—
Feb 24, 1998
—
Glenhaven II Family Limit
James,michael E & Sandra L
Quit Claim Deed
related
—
Aug 2, 1996
$50,000
Michael E James
Van Beurden,william J & Lise A
Grant Deed
related
—
Dec 23, 1992
$365,000
Michael E James
Hickman Trust
Grant Deed
$328,250 · Seller
—
—
Glenhaven II Family LP
—
Deed Of Trust
related
$520,000 · California Bank & Trust
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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