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Property profile & analytics
OFF-MARKET
Commercial land
167 Shubin Ln San Marcos, CA 92078-4326
Entity Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9732827
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1960
Lot
0.45 ac (19,416 SF)
Zoning code
COMMERCIAL
APN
221-100-45-00
UPID
US09-9732827
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Urban Villages San Marcos LLC · 18 yrs held
Urban Villages San Marcos LLC
since 2007
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
—
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
$9,693
Tax year 2024
Assessed value
$875,675
Assessed 2024
Previous assessed
$875,675
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$875,675
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1960
Heating
NONE
Bathrooms
2
Lot
0.45 ac (19,416 SF)
Zoning code
COMMERCIAL
APN
221-100-45-00
UPID
US09-9732827
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Marcos, CAZoning 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
Building & site characteristics
From public records
Year built
1960
Heating
NONE
Bathrooms
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Urban Villages San Marcos LLC
Entity
Mailing address
5550 CARMEL MTN RD STE #204, SAN DIEGO, CA 92130-4861
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
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
Aug 13, 2020
—
North City Residential LLC
—
Deed
related
—
Jan 15, 2010
—
Urban Villages San Marcos LLC
—
Deed Of Trust
related
$30,000,000 · Carlyle Kft
Dec 31, 2007
—
Urban Villages San Marcos LLC
University Place San Marcos
Grant Deed
—
Dec 21, 2007
$725,000
University Place San Marcos
Wilson Family Trust
Grant Deed
—
Jan 19, 2007
—
University Place San Marcos Ll
Wilson Family Trust
Grant Deed
—
—
—
Wilson Trust
—
Deed Of Trust
related
$30,000 · Union Bank Of California
—
—
Wilson Family Trust
—
Deed Of Trust
related
$312,500 · University Place San Marcos
—
—
Wilson Trust
—
Deed Of Trust
related
$20,000 · Union Bank Of California
—
—
North City Residential LLC
—
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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