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    1609 Harbison Cyn Rd El Cajon, CA 92019
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    Property profile & analytics

    1609 Harbison Cyn Rd, El Cajon, CA 92019

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    • Mobile home & RV parks
    • 7.36 lot acres
    Off-Market
    Last Sale Apr 29, 2022
    $7,000,000
    Property ID
    US10-0018235
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $6,985,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mobile home & RV parks

    Property Details for 1609 Harbison Cyn Rd

    Lot size
    7.36 lot acres
    Zone code
    COMMERCIAL
    Property type
    Mobile home & RV parks
    APN
    510-030-12-00
    APU
    5100301200

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 29, 2022 $7,000,000 B H Properties Ventures LLC Jack Murphy And Associates LLC Grant Deed $5M · Mechanics Bank
    Apr 29, 2022 — Glen Hankins Laurie Ann Hankins Intrafamily Transfer · related —
    Nov 4, 2020 — Ben Hankins Jack Murphy & Associates LLC Quit Claim Deed —
    Aug 30, 2019 — Jack Murphy & Associates LLC — Grant Deed · related $1.2M · Bank Of Hemet
    Oct 19, 2015 — Jack Murphy & Associates LLC — Trustees Deed · related $100k · Apex Bk
    Jan 29, 2010 $2,000,000 Jack Murphy & Associates LLC Sheriff Of County Of San Diego Trustees Deed · related —
    May 11, 2007 — Ssic LLC Shafer,james A & Ruth A Quit Claim Deed · related —
    Mar 27, 2006 — Ssic LLC Jake Lxxxv INC Grant Deed —
    Nov 14, 2005 — Jon Haber Haber,jon Quit Claim Deed · related —
    Nov 14, 2005 $500,000 Jake Lxxxv INC Haber,jon Grant Deed $500k · Jack Murphy & Associates LLC
    Nov 22, 2004 $600,000 Jon Haber Mcdaniel Family Trust Grant Deed $200k · Independent Asset Admn
    Nov 5, 2004 — Latimer Sue Trust Trammell,lorraine Quit Claim Deed · related —
    Jul 26, 1979 $12,000 Mcdaniel James C — Grant Deed · related —
    — — Jack Murphy & Associates LLC — Deed Of Trust · related $650k · Bank Of Camden
    — — Jack Murphy & Associates LLC — Loan Modification · related $566k · Apex Bk

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,475,000
      ML approach
      $6,950,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Cajon
    County
    San Diego
    State
    California
    Longitude
    -116.843
    Latitude
    32.8017
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $37,883
    $2,550,000
    $510,000
    $3,060,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.55 Acres

      El Cajon, CA 92019

      MOBILE HOME PARK, TRAILER PARK
      El Cajon, CA 92019
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    • Value Estimation by Request
      5.00 Acres

      1425 Madison Ave

      MOBILE HOME PARK, TRAILER PARK
      1425 Madison Ave, El Cajon, CA 92019-1004
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    • Value Estimation
      $1,775,000
      3,361 SF

      410 1st St

      MOBILE HOME PARK, TRAILER PARK
      410 1st St, El Cajon, CA 92019-4700
      View Details
    • Value Estimation
      $7,030,000
      18.15 Acres

      1631 Harbison Cyn Rd

      MOBILE HOME PARK, TRAILER PARK
      1631 Harbison Cyn Rd, El Cajon, CA 92019-1311
      View Details
    • Value Estimation by Request
      4.57 Acres

      410 1st St

      MOBILE HOME PARK, TRAILER PARK
      410 1st St, El Cajon, CA 92019-4700
      View Details
    • Value Estimation by Request
      0.53 Acres

      2nd St

      MOBILE HOME PARK, TRAILER PARK
      2nd St, El Cajon, CA 92019
      View Details

    Similar Nearby for Sale

    • $225,000
      Pending

      El Cajon Mobile Home

      Mobile home in quiet park near amenities and transportation.
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      View Details
    • $1,450,000

      El Cajon Multifamily Investment

      Four-unit property near downtown El Cajon with income upside.
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      Harbison Canyon Land Opportunity

      2.75 acres in Harbison Canyon with mountain views.
      1186 Harbison Canyon Rd, El Cajon, CA 92019
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    • $90,000
      0.23 Acres

      Residential Lot Near Old Ironsides

      0.23-acre residential lot near Old Ironsides County Park.
      Silverbrook Dr, El Cajon, CA 92019
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    • $250,000
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      Vacant Land in El Cajon

      1.2 acre vacant land parcel in Granite Hills neighborhood.
      1870 Euclid Ave, El Cajon, CA 92019
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    • $350,000
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      85 Acres Mitigation Land

      85 acres of mitigation and conservation land for sale.
      Sloane Canyon Rd, Jamul, CA 92019
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    Similar Nearby for Lease

    • Contact for pricing
      9,650 SF

      El Cajon Retail Center Space

      Retail spaces available in well-located El Cajon shopping center.
      745-777 Jamacha Rd, El Cajon, CA 92019
      View Details
    • Contact for pricing
      12,000 SF

      Retail Space in El Cajon

      Retail property available for rent in El Cajon, CA.
      2983 Jamacha Rd, El Cajon, CA 92019
      View Details
    • Contact for pricing
      989 SF

      El Cajon Office Space Available

      First floor office space available for rent in El Cajon.
      1283 E Main St, El Cajon, CA 92019
      View Details
    • Contact for pricing
      867 SF

      Retail Space on Main Street

      In-line retail space with an open floor plan.
      1299 E Main St, El Cajon, CA 92019
      View Details
    • Contact for pricing
      1,105 SF

      Retail Space Available for Lease

      Retail space available for lease in El Cajon, CA.
      2891 Jamacha Rd, El Cajon, CA 92019
      View Details
    • Contact for pricing

      Commercial Space For Lease

      Commercial space available for lease in El Cajon, CA.
      2990 Jamacha Rd, El Cajon, CA 92019
      View Details
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    El Cajon, CA 92019
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    1609 Harbison Cyn Rd, El Cajon, CA, 92019
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