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Property profile & analytics
OFF-MARKET
Estimated value
$1,710,000
Warehouses
1601 San Elijo Rd San Marcos, CA 92078-1002
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7170665
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
9,999 SF
Lot
12.33 ac (537,094 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
223-080-41-00
UPID
US09-7170665
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
-
Play by Play Productions Gym & Fitness Center Sports Field & Court
-
5 Tool Hitting Center San Marcos Gym & Fitness Center
-
Ucc distributing Warehouse & Storage
-
Edenpark Gym & Fitness Center Sports Field & Court
-
C.Cole & Co. Production Facility Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.66M
CAP Approach
CAP
$2.14M
Comparable Approach
Comparable
$1.33M
Blend (final)
Blend
$1.71M
Owner & transaction history
Loma San Marcos LLC · 16 yrs held
Loma San Marcos LLC
since 2009
4 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
by Request
ML approach
$1,660,000
CAP Approach
CAP Return
Estimation
6%
$2,315,000
6.5%
$2,135,000
7%
$1,985,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,835,000
Current use
Blend value · Realmo final
$1.71M
Range $1.54M – $1.88M · ±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
$171 / 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
$173,953
Tax year 2024
Assessed value
$14,629,927
Assessed 2024
Previous assessed
$14,629,927
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$5,820,204
Assessed improvement
$8,809,723
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
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Units
1
Total area
9,999 SF
Lot
12.33 ac (537,094 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
223-080-41-00
UPID
US09-7170665
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.8M
WAREHOUSE, STORAGE 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
Heating
NONE
Units
1
Lot
12.33 ac
Current owner
From public records · entity-resolved
Loma San Marcos LLC
Entity
Free & Clear · 16 yrs held
Mailing address
260 LANDIS AVE, CHULA VISTA, CA 91910-2627
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2009
—
Loma San Marcos LLC
Owner Name Unavailable
Grant Deed
related
—
May 31, 2006
—
Loma Marcos LLC
Questhaven Pacific View LLC
Grant Deed
—
Feb 28, 2005
$3,295,455
Questhaven Pacific View LLC
San Marcos Ncrrf INC
Grant Deed
$7,875,000 · San Marcos Ncrrf INC
Apr 16, 2004
$475,000
Michael Westling
Young,carrie A
Grant Deed
$380,000 · Countrywide Bank
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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