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Property profile & analytics
FOR LEASE
Community centers
1838 Sweetwater Rd National City, CA 91950
Entity Owned
9-yr Hold
Free & Clear
Property ID
US09-7273244
For Lease
1 / 3
$670,000
1838 Sweetwater Rd, National City, CA 91950
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1978
Total area
3,916 SF
Lot
0.09 ac (3,864 SF)
Zoning code
COMMERCIAL
APN
563-231-32-00
UPID
US09-7273244
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
-
Pets Mobile Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$670k
Owner & transaction history
Mgp Xi Us Properties LLC · 9 yrs held
Mgp Xi Us Properties LLC
since 2017
6 recorded transactions
Zoning & alternative use
COMMERCIAL · National City, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$171 / 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
$12,302
Tax year 2024
Assessed value
$1,035,419
Assessed 2024
Previous assessed
$1,035,419
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$227,563
Assessed improvement
$807,856
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1978
Heating
NONE
Units
1
Total area
3,916 SF
Lot
0.09 ac (3,864 SF)
Zoning code
COMMERCIAL
APN
563-231-32-00
UPID
US09-7273244
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · National City, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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.
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Units
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Mgp Xi Us Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 847, CARLSBAD, CA 92018-0847
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2025
—
Mgp Xi Us Properties LLC
—
Deed
related
$225,000,000 · Wells Fargo Bank NA
Aug 5, 2024
—
Mgp Xi Us Properties LLC
—
Deed
related
—
May 11, 2017
$36,500,000
Mgp Xi Us Properties LLC
Sweetwater Associates LP
Grant Deed
—
Jun 28, 2016
—
Mgp Xi Properties LLC
Sweetwater Associates LP
Quit Claim Deed
related
—
Aug 8, 1997
$20,920,000
G F Pinnacle Peak LP
Strata Equity Vi
Grant Deed
—
Aug 19, 1988
$13,625,000
Equity Vi Strata
Cal Meyer Town
Grant Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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