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Property profile & analytics
FOR LEASE
Retail space
142 South Cedros Ave Solana Beach, CA 92075
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9100453
For Lease
1 / 7
$14,950,000
142 South Cedros Ave, Solana Beach, CA 92075
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Total area
16,929 SF
Lot
0.92 ac (40,075 SF)
Zoning code
COMMERCIAL
APN
298-073-11-00
UPID
US09-9100453
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
-
Junebug Clothing & Fashion Store
-
Jessica Davis Photography Photography Service (Bike/Boat/Book/etc) Store
-
eFFECTOR Therapeutics, Inc Corporate Office
-
Native Poppy (Bike/Boat/Book/etc) Store Florist
-
Main Street Signs (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$14.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$14.59M
Blend (final)
Blend
$14.95M
Owner & transaction history
Brixton Cedros LLC · 10 yrs held
Brixton Cedros LLC
since 2016
Last sale
$15.0M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Solana Beach, CA
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 Solana Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solana Beach 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
$14,950,000
ML approach
$14,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$15,325,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$15,255,000
Change: 0% · Conversion: Moderate
Blend value · Realmo final
$14.95M
Range $13.46M – $16.45M · ±10% · vs last sale $14.95M (Dec 4 2024)
Last sale anchor
$14.95M
Dec 4 2024
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
$883 / 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
$86,515
Tax year 2024
Assessed value
$7,985,505
Assessed 2024
Previous assessed
$7,985,505
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$6,383,221
Assessed improvement
$1,602,284
Applied tax rate
18.0000
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
For Lease
Year built
1980
Heating
NONE
Units
1
Total area
16,929 SF
Lot
0.92 ac (40,075 SF)
Zoning code
COMMERCIAL
APN
298-073-11-00
UPID
US09-9100453
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Solana Beach, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Solana Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 1
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$15.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.3M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
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
1980
Heating
NONE
Units
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Brixton Cedros LLC
Entity
Mailing address
4435 EASTGATE MALL STE #300, SAN DIEGO, CA 92121-1980
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 25, 2017
—
Brixton Cedros LLC
—
Trustees Deed
related
$7,500,000 · California Bk&tr
Jan 14, 2016
$6,400,000
Brixton Cedros LLC
Biddulph G G & C R 197 Trust
Grant Deed
—
Dec 2, 2015
—
Biddulph,g G & C R 1973 Trust
212 S Cedros Ave LLC
Quit Claim Deed
related
—
Apr 20, 2015
—
212 S Cedros Ave LLC
Biddulph G G & C R 197 Trust
Quit Claim Deed
related
—
Feb 2, 2011
—
Biddulph G G & C R 1973 Trust
Biddulph G G & C R 1973 Trust
Quit Claim Deed
related
—
Jan 16, 2001
—
Charlene R Etal Biddulph
Biddulph,charlene R Etal
Quit Claim Deed
related
—
Sep 2, 1994
—
Gerald G Etal Biddulph
Biddulph,gerald G & Charlene R
Quit Claim Deed
related
—
Nov 8, 1988
$890,000
Gerald Biddulph
Bobbett Bill B
Grant Deed
$800,000 · Plaza Funding
—
—
Brixton Cedros LLC
—
Loan Modification
related
$8,670,000 · California Bk&tr
—
—
Gerald G Biddulph
—
Deed Of Trust
related
$790,000 · Bank Of Commerce
—
—
Brixton Cedros LLC
—
Deed Of Trust
related
$4,480,000 · California Bk&tr
—
—
Biddulph Trust
—
Deed Of Trust
related
$1,200,000 · North Island Financial Cu
—
—
Biddulph,tr
—
Deed Of Trust
related
$1,465,000 · North Island Financial Cu
—
—
Biddulph Trust
—
Deed Of Trust
related
$400,000 · Individual
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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