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Property profile & analytics
OFF-MARKET
Estimated value
$2,275,000
Medical Office Space
1651 Main St El Cajon, CA 92021-5206
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US09-8761050
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1986
Total area
13,547 SF
Lot
0.79 ac (34,412 SF)
Zoning code
COMMERCIAL
APN
507-200-46-00
UPID
US09-8761050
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
-
Covered California Storefront Insurance Agency
-
Artificial Grass Installation Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
Clear Cut Visuals Photography Service (Bike/Boat/Book/etc) Store
-
Pitbull Electric Skateboards (Bike/Boat/Book/etc) Store
-
C2 Financial - Valli Williams NMLS 980530 Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.70M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$2.28M
Owner & transaction history
Blue Main LLC · 20 yrs held
Blue Main LLC
since 2005
7 recorded transactions
Zoning & alternative use
COMMERCIAL · El Cajon, 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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,925,000
6.5%
$2,700,000
7%
$2,510,000
Blend value · Realmo final
$2.28M
Range $2.05M – $2.50M · ±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
$168 / 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
$25,815
Tax year 2024
Assessed value
$2,049,860
Assessed 2024
Previous assessed
$2,049,860
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$940,202
Assessed improvement
$1,109,658
Applied tax rate
3.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1986
Heating
NONE
Units
1
Total area
13,547 SF
Lot
0.79 ac (34,412 SF)
Zoning code
COMMERCIAL
APN
507-200-46-00
UPID
US09-8761050
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Units
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Blue Main LLC
Entity
Mailing address
1651 E MAIN ST STE #205, EL CAJON, CA 92021-5206
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2022
—
Blue Main LLC
—
Deed
related
$1,915,000 · San Diego County Cu
Jul 6, 2016
—
Blue Main LLC
—
Deed
related
$1,650,000 · California Coast Cu
Sep 30, 2005
—
Blue Main LLC
Worley,steven D & Patsy A
Grant Deed
$1,350,000 · California Cu
Dec 22, 2004
$1,500,000
Steven D Worley
Building Exchange
Grant Deed
—
Jun 25, 2004
$1,500,000
Building Exchange Co
Sierra West Financial Corp
Grant Deed
—
May 30, 2002
—
Sierra West Finace LLC
—
Deed Of Trust
related
$2,000,000 · Mechanics Bank
Sep 8, 1995
—
Sierra,west El Cajon LLC
Hazard JR Enterprises INC,
Trustees Deed
related
—
—
—
Hazard JR Enterprises INC
—
Deed Of Trust
related
$315,077 · Wells Fargo Bank
—
—
Blue Main LLC
—
Loan Modification
related
$1,900,000 · California Cu
—
—
Sierra West
—
Deed Of Trust
related
—
—
—
Blue Main LLC
—
Loan Modification
related
$1,900,000 · California Cu
—
—
Blue Main LLC
—
Deed Of Trust
related
$550,000 · California Cu
—
—
Blue Main LLC
—
Deed Of Trust
related
$1,650,000 · California Coast Cu
—
—
Sierra West El Cajon LLC
—
Deed Of Trust
related
$480,000 · First Fidelity Thrift & Loan
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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