New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,105,000
Retail space
1531 Msn Rd 51, San Marcos, CA 92069-1255
Entity Owned
22-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9718779
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Total area
19,350 SF
Lot
1.84 ac (80,150 SF)
Zoning code
COMMERCIAL
APN
219-115-08-00
UPID
US09-9718779
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
-
Station Pizza Restaurant
-
Amazon Hub Locker - Health Postal Service Courier Service
-
7-Eleven Grocery & Convenience Store
-
Photo Video Services Photography Service (Bike/Boat/Book/etc) Store
-
Golden Donut Bakery Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.11M
Owner & transaction history
San Marcos Properties LLC · 22 yrs held
San Marcos Properties LLC
since 2003
7 recorded transactions
Zoning & alternative use
COMMERCIAL · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$160 / 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
$37,415
Tax year 2024
Assessed value
$3,380,738
Assessed 2024
Previous assessed
$3,380,738
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$906,039
Assessed improvement
$2,474,699
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1980
Heating
NONE
Units
1
Total area
19,350 SF
Lot
1.84 ac (80,150 SF)
Zoning code
COMMERCIAL
APN
219-115-08-00
UPID
US09-9718779
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.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Units
1
Lot
1.84 ac
Current owner
From public records · entity-resolved
San Marcos Properties LLC
Entity
Mailing address
10721 TREENA ST STE #200, SAN DIEGO, CA 92131-1185
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
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
Jul 17, 2003
—
San Marcos Properties LLC
Galanoudes,george
Grant Deed
$750,000 · Wells Fargo Bank
Aug 19, 1999
$1,700,000
George Galanoudes
Pedersen,orla & May-britt
Grant Deed
$1,000,000 · Seller
Oct 19, 1990
$1,925,000
Pedersen Orla J
Exchange Service
Trustees Deed
—
Oct 19, 1990
$566,500
Exchange Service
Anza 35
Trustees Deed
related
—
Apr 28, 1988
$1,800,000
San Diego Reawlt
Luthe
Trustees Deed
$1,350,000 · Great Western Bank
—
—
Luther Jennifer
—
Deed Of Trust
related
$380,000 · Golden Triangle
—
—
Anza 35
—
Deed Of Trust
related
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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