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Property profile & analytics
OFF-MARKET
Estimated value
$715,000
Mining land & claims
1558 Simpson Way Escondido, CA 92029-1205
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9214706
Property profile
Verified
Property type
Mining land & claims
Use group
MINING, MINERAL, QUARRIES
Total area
2,146 SF
Lot
0.26 ac (11,308 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
232-440-10-00
UPID
US09-9214706
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$715k
Owner & transaction history
Kirksey,t & E 2020 Trust · 6 yrs held
Kirksey,t & E 2020 Trust
since 2020
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Escondido, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.0M
+177.9%
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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
$810,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,015,000
Change: +178% · Conversion: Difficult
Blend value · Realmo final
$715k
Range $644k – $787k · ±10% · vs last sale $650k (Jan 22 2020)
Last sale anchor
$650k
Jan 22 2020
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
$333 / 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
$7,975
Tax year 2024
Assessed value
$696,927
Assessed 2024
Previous assessed
$696,927
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$611,154
Assessed improvement
$85,773
Applied tax rate
4.0000
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
Mining land & claims
Use group
MINING, MINERAL, QUARRIES
Status
Off-Market
Heating
NONE
Units
1
Total area
2,146 SF
Lot
0.26 ac (11,308 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
232-440-10-00
UPID
US09-9214706
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Escondido, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Escondido. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.0M
COMMERCIAL (GENERAL)
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
Heating
NONE
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Kirksey,t & E 2020 Trust
Trust
Mailing address
709 10TH ST, HUNTINGTN BCH, CA 92648-3403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 22, 2020
—
Kirksey,t & E 2020 Trust
Thomas A Kirksey
Quit Claim Deed
related
—
Jul 12, 2019
$650,000
Thomas A Kirksey
Rand Holding LLC
Grant Deed
$680,400 · First Savings Bank
Sep 19, 2017
—
Rand Holding LLC
—
Deed
related
$470,000 · Gryphon Trust (pt)
Aug 29, 2017
$460,291
Rand Holding LLC
Wt Capital Lender Svcs|mkr Properties INC
Trustees Deed
related
—
Jun 9, 2017
$453,484
Rand Holding LLC
Wt Capital Lender Svcs|mkr Properties INC
Trustees Deed
related
—
Feb 23, 2017
$440,599
Rand Holdings LLC
Wt Capital Lender Svcs|mkr Properties INC
Trustees Deed
related
—
Jun 3, 2005
$575,000
Mkr Properties INC
William G Yancey
Grant Deed
$530,000 · First National Bank Of North County
Mar 2, 2005
—
Yancey 2005 Trust
Yancey,william G & Carol E
Quit Claim Deed
related
—
—
—
Rand Holding LLC
—
Deed Of Trust
related
$470,000 · Gryphon Trust (pt)
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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