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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Warehouses
1510 Msn Rd San Marcos, CA 92069-4508
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9731117
Property profile
Verified
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Year built
1982
Total area
44,220 SF
Lot
1.83 ac (79,714 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
226-112-43-00
UPID
US09-9731117
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
-
Prime Storage Storage Facility
-
Neighborhood Healthcare ~ Mobile School-Based Health Center Community Health Centre Health Care Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$964k
Blend (final)
Blend
$700k
Owner & transaction history
Prime Storage Cvsm LLC · 3 yrs held
Prime Storage Cvsm LLC
since 2023
Last sale
$565,000
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, 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 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
$705,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $565k (May 11 2023)
Last sale anchor
$565k
May 11 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
$16 / 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
$101,382
Tax year 2024
Assessed value
$9,180,000
Assessed 2024
Previous assessed
$9,180,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$2,805,000
Assessed improvement
$6,375,000
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
Warehouses
Use group
BULK STORAGE, TANKS
Status
Off-Market
Year built
1982
Heating
NONE
Units
1
Total area
44,220 SF
Lot
1.83 ac (79,714 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
226-112-43-00
UPID
US09-9731117
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · 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.
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Units
1
Lot
1.83 ac
Current owner
From public records · entity-resolved
Prime Storage Cvsm LLC
Entity
Mailing address
85 RAILROAD PL, SARATOGA SPGS, NY 12866-2124
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2025
—
Prime Storage Cvsm LLC
—
Deed
related
$479,000,000 · Goldman Sachs Bank USA
May 11, 2023
$565,000
Prime Storage Cvsm LLC
Parma Storage Company LLC
Grant Deed
—
Jan 18, 2018
—
Parma Storage Co LLC
—
Grant Deed
related
$12,500,000 · Miscellaneous Ins Co
Jul 14, 1998
—
Parma Storageco Co LLC
—
Deed Of Trust
related
$9,900,000 · General Electric Capital Corp
Jul 21, 1989
$4,240,000
Parma,leon W Tr&barbara B Tr
Unknown
Grant Deed
—
—
—
Leon W Parma
—
Deed Of Trust
related
$3,150,000 · Wells Fargo Bank
—
—
Parma Storage Co LLC
—
Deed Of Trust
related
$12,500,000 · Miscellaneous Ins Co
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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