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Property profile & analytics
OFF-MARKET
Estimated value
$10,750,000
Grocery and convenience stores
151 Woodland Pkwy San Marcos, CA 92069-3010
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-9729932
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1997
Total area
49,968 SF
Lot
4.34 ac (189,050 SF)
Zoning code
COMMERCIAL
APN
220-240-76-00
UPID
US09-9729932
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
-
Starbucks Cafe & Coffee Shop
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Primo Water Refill & Exchange Big Box & Wholesale Store
-
Albertsons Deli Food Market Restaurant
-
Albertsons Bakery Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.08M
Comparable Approach
Comparable
$7.08M
Blend (final)
Blend
$10.75M
Owner & transaction history
Albertsons LLC
Albertsons LLC
since 2025
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Marcos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$15.7M
+3.7%
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 San Marcos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Marcos 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,080,000
6.5%
$12,075,000
7%
$11,215,000
Alternative Use
Use
Estimation
RETAIL STORES
$15,175,000
Current use
APARTMENT HOUSE (5+ UNITS)
$15,730,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$14,160,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$10.75M
Range $9.68M – $11.83M · ±10%
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
$174,660
Tax year 2024
Assessed value
$15,091,031
Assessed 2024
Previous assessed
$15,091,031
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$6,640,053
Assessed improvement
$8,450,978
Applied tax rate
13.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1997
Heating
NONE
Units
1
Total area
49,968 SF
Lot
4.34 ac (189,050 SF)
Zoning code
COMMERCIAL
APN
220-240-76-00
UPID
US09-9729932
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Marcos, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Marcos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Marcos. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$15.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.7M
WAREHOUSE, STORAGE
Est. value
$14.2M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
1997
Heating
NONE
Units
1
Lot
4.34 ac
Current owner
From public records · entity-resolved
Albertsons LLC
Entity
Mailing address
ALBERTSONS COMPANIES, DALLAS, TX 75380
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Nov 10, 2025
—
Albertsons LLC
Abs Ca O LLC
Deed
related
—
Feb 27, 2018
—
Abs Ca-o LLC
—
Loan Modification
related
—
Apr 12, 2013
—
Abs Ca-o LLC
New Albertsons INC
Warranty Deed
—
Dec 4, 2012
—
New Albertsons INC
—
Deed Of Trust
related
$850,000,000 · Credit Suisse Ag
Jun 22, 2006
—
New Albertsons INC
Albertsons LLC
Quit Claim Deed
—
—
—
Abs Ca-o LLC
—
Deed Of Trust
related
$1,050,000,000 · Bank Of America
—
—
Abs Ca-o LLC
—
Loan Modification
related
$300,000,000 · Credit Suisse Ag Cayman Iss Br
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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