Entity Owned Property summary
AI-generated overview
This exceptional 15,393-square-foot single-tenant property, located at 1833 Diamond Street in San Marcos, California, presents a unique opportunity for businesses seeking a combined office and warehouse space. Situated on a 0.71-acre lot in San Diego County, this building boasts a substantial 22-foot ceiling height, ideal for various industrial needs. Built in 1983, the property offers ample parking with 30 spaces, providing a convenient 1.9 spaces per 1,000 square feet. The entire 15,393 square feet is currently vacant and available for lease, making it perfect for a business seeking immediate occupancy. The property is classified as both office and industrial, catering to a diverse range of potential tenants. The robust electrical service features 800 amps at 120/208 volts, ensuring sufficient power for demanding operations. The property's location in San Marcos, CA, zip code 92078, offers excellent access to transportation and local amenities. This is a rare opportunity to secure a large, versatile space in a desirable location. The property's size, features, and location make it an attractive option for businesses seeking a significant footprint in San Diego County. Contact us today to learn more about leasing this exceptional property.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Total area
11,404 SF
Lot
0.71 ac (30,927 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
223-340-12-00
UPID
US09-7145805
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hardware & Home Improvement
-
Engineer
-
Hardware & Home Improvement
-
Construction Company General Contractor
-
Accounting Firm Tax Preparation
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.44M
Blend (final)
Blend
$3.29M
Owner & transaction history
since 2025
Last sale
$4.1M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, CA
Top alternative use upside
Medical building
$5.4M
+78.5%
Office building
$5.0M
+65.5%
Auto repair, garage
$4.4M
+43.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$3.29M
Value range
$2.96M – $3.61M
±10% around blend
Estimated value / SF
$288 / SF
Confidence
High
7 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
70
$2.96M
blend $3.29M
$3.61M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,404 SF
Lot area
0.71 ac
Year built
1989
APN
223-340-12-00
Zoning
INDUSTRIAL (M ZONE)
Assessed value
$2,636,929
Annual tax
$28,348
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$6.53M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.1 mi away · 9,856 SF
3.2 mi away · 10,576 SF
3.2 mi away · 9,054 SF
3.9 mi away · 9,999 SF
5.2 mi away · 8,400 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$3.29M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 33 sales
$266
+8%
Submarket 104 sales
$226
+28%
County 993 sales
$273
+6%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $288/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+79%
vs current-use indication
Office Building
Auto Repair, Garage
Apartment House (5+ Units)
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
4.00%
Implied, in-place cap rate for this manufacturing properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.00%
9.0%
NOI (est.)
$285k *
Last sale · May 2025
$4.07M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.12M
Move the market yield to see immediate price impact.
Value / SF
$625
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.50%4.00%4.50%
$256k
$7.33M
$6.41M
$5.70M
$285k
$8.14M
$7.12M
$6.33M
$313k
$8.95M
$7.83M
$6.96M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$3.00M
2.0 mi · Mar 2026 · $291/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$28,348
Tax year 2024
Assessed value
$2,636,929
Assessed 2024
Previous assessed
$2,636,929
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$775,000
Assessed improvement
$1,861,929
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1989
Heating
NONE
Units
1
Total area
11,404 SF
Lot
0.71 ac (30,927 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
223-340-12-00
UPID
US09-7145805
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, CAZoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · San Marcos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Units
1
Lot
0.71 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
INDUSTRIAL (M ZONE)
Jurisdiction
San Marcos, CA
Recorded code
INDUSTRIAL (M ZONE)
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for INDUSTRIAL (M ZONE) in San Marcos, CA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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