New search
Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Warehouses
1702 Harding Ave, National City, CA 91950-5510
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7707867
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Total area
3,285 SF
Lot
0.12 ac (5,188 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
559-085-13-00
UPID
US09-7707867
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
-
Montecito Rag Co Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$515k
CAP Approach
CAP
$700k
Comparable Approach
Comparable
$835k
Blend (final)
Blend
$685k
Owner & transaction history
Harding Holdings LLC · 3 yrs held
Harding Holdings LLC
since 2023
Last sale
$925,000
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · National City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$815,000
+32.4%
Auto repair, garage
$660,000
+7.4%
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 National City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs National City 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
$510,000
ML approach
$515,000
CAP Approach
CAP Return
Estimation
6%
$760,000
6.5%
$700,000
7%
$650,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$615,000
Current use
RETAIL STORES
$815,000
Change: +32% · Conversion: Moderate
AUTO REPAIR, GARAGE
$660,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $925k (Jun 16 2023)
Last sale anchor
$925k
Jun 16 2023
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
$209 / 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
$11,246
Tax year 2024
Assessed value
$943,500
Assessed 2024
Previous assessed
$943,500
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$510,000
Assessed improvement
$433,500
Applied tax rate
6.0000
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
Year built
1970
Heating
NONE
Units
1
Total area
3,285 SF
Lot
0.12 ac (5,188 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
559-085-13-00
UPID
US09-7707867
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · National City, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · National City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
National City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$615,000
RETAIL STORES
Est. value
$815,000
AUTO REPAIR, GARAGE
Est. value
$660,000
WAREHOUSE, STORAGE Current
RETAIL STORES
AUTO REPAIR, GARAGE
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
Year built
1970
Heating
NONE
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Harding Holdings LLC
Entity
Mailing address
6478 CRYSTALAIRE DR, SAN DIEGO, CA 92120-3834
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 16, 2023
$925,000
Harding Holdings LLC
Moris Herscowitz
Grant Deed
—
Mar 16, 2020
—
Herscowitz Living Trust
—
Deed
related
$450,000 · Bank Of The West
Apr 14, 2015
$480,000
Herscowitz Living Trust
Thornton William N III
Grant Deed
—
Aug 4, 2011
—
William N Thornton III
Thornton Inv Trust II
Quit Claim Deed
related
—
Jul 15, 2011
—
Thornton Investment Trust II
Alamo Drive LP
Grant Deed
—
Mar 27, 1997
—
William N Thornton JR.
Thornton,william N Etal
Quit Claim Deed
related
—
—
—
Herscowitz Living Trust
—
Deed Of Trust
related
$450,000 · Bank Of The West
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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