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Property profile & analytics
OFF-MARKET
Estimated value
$3,780,000
Retail space
1460 Main St El Cajon, CA 92021-8617
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8846777
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Total area
17,600 SF
Lot
0.89 ac (38,768 SF)
Zoning code
COMMERCIAL
APN
511-012-32-00
UPID
US09-8846777
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
-
Sharp Mesa Vista East County Outpatient Mental Health Services Crisis Center Medical Clinic
-
Carl Schiavone, LCSW Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.78M
CAP Approach
CAP
$3.27M
Comparable Approach
Comparable
$4.62M
Blend (final)
Blend
$3.78M
Owner & transaction history
C Lake LLC · 1 yrs held
C Lake LLC
since 2024
Last sale
$3.8M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · 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
$3,780,000
ML approach
$3,780,000
CAP Approach
CAP Return
Estimation
6%
$3,540,000
6.5%
$3,270,000
7%
$3,035,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,900,000
Current use
Blend value · Realmo final
$3.78M
Range $3.40M – $4.16M · ±10% · vs last sale $3.78M (Oct 9 2024)
Last sale anchor
$3.78M
Oct 9 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
$215 / 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
$39,322
Tax year 2024
Assessed value
$3,122,447
Assessed 2024
Previous assessed
$3,122,447
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,296,109
Assessed improvement
$1,826,338
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1991
Heating
NONE
Units
1
Total area
17,600 SF
Lot
0.89 ac (38,768 SF)
Zoning code
COMMERCIAL
APN
511-012-32-00
UPID
US09-8846777
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.9M
RETAIL STORES Current
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
1991
Heating
NONE
Units
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
C Lake LLC
Entity
Mailing address
11286 LALANI DR, LA MESA, CA 91941-8210
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 9, 2024
$3,780,000
C Lake LLC
Midwest Investment Properties LLC
Grant Deed
$1,080,000 · Del Toro Loan Servicing INC
Mar 24, 2023
—
Midwest Investment Properties LLC
—
Deed
related
$675,000 · Wells Fargo Bank NA
May 29, 2019
—
Midwest Investment Properties LLC
—
Deed
related
$1,725,000 · Wells Fargo Bank NA
Sep 30, 2014
$2,650,000
Midwest Investment Properties LLC
Grace & Grant Properties LLC
Grant Deed
—
Jun 2, 2006
—
Grace & Grant Props LLC-swift
Grace & Grant Props LLC-divisi
Quit Claim Deed
—
Feb 23, 2006
—
Grace & Grant Properties LLC
Grace & Grant Properties LLC
Quit Claim Deed
—
Jan 3, 2006
—
Grace & Grant Properties LLC
1460 East Main LLC
Grant Deed
$1,400,000 · Washington Mutual Bank
Apr 16, 1999
$990,000
1460 East Main LLC
Lucille L Kay Estate
Grant Deed
$780,000 · Scripps Bank
Aug 1, 1991
—
Lucille L Kay
Kay,lucille L
Quit Claim Deed
related
$1,200,000 · San Diego Trust & Savings Bank
—
—
1460 E Main LLC
—
Deed Of Trust
related
$800,000 · Bank Of America
—
—
Lucille L Kay
—
Deed Of Trust
related
$635,240 · First International Bank
—
—
1460 E Main LLC
—
Deed Of Trust
related
$150,000 · Bank Of America
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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