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Property profile & analytics
OFF-MARKET
Estimated value
$7,380,000
Community centers
1680 Melrose Dr 88 Vista, CA 92081-5409
Entity Owned
20-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9668425
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1989
Total area
29,828 SF
Lot
3.45 ac (150,282 SF)
Zoning code
COMMERCIAL
APN
183-220-26-00
UPID
US09-9668425
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
-
Melrose Veterinary Hospital Veterinary Clinic
-
Gentle Dental Dental Office
-
Dental Specialty Dental Office
-
Boba Hut &Deli Restaurant
-
Junior's Taco Shop Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.38M
Owner & transaction history
Melrose Square LLC · 20 yrs held
Melrose Square LLC
since 2005
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Vista, CA
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 Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vista 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
$247 / 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
$46,369
Tax year 2024
Assessed value
$4,167,559
Assessed 2024
Previous assessed
$4,167,559
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,878,556
Assessed improvement
$2,289,003
Applied tax rate
12.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1989
Heating
NONE
Units
1
Total area
29,828 SF
Lot
3.45 ac (150,282 SF)
Zoning code
COMMERCIAL
APN
183-220-26-00
UPID
US09-9668425
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Vista, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Layer: Zoning (ID: 0)
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Units
1
Lot
3.45 ac
Current owner
From public records · entity-resolved
Melrose Square LLC
Entity
Free & Clear · 20 yrs held
Mailing address
2550 S SANTA FE AVE, VISTA, CA 92084-8005
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2005
—
Melrose Square LLC
Hyndman Brian Family Trust
Quit Claim Deed
related
—
Mar 20, 1998
$3,275,000
Brian Hymdman
Glendale Federal Bank
Grant Deed
$2,290,000 · Glendale Federal Bank
Sep 25, 1997
—
Glendale Federal Bank
Broadmoor Homes Southwest INC
Grant Deed
related
—
—
—
Broadmoor Pacifi
—
Deed Of Trust
related
$5,100,000 · Garfield 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.
Try Rey
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