Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Manufacturing properties
1845 Commercial St 47 Escondido, CA 92029-1231
Trust Owned
Free & Clear
Property ID
US09-9475350
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1974
Total area
6,096 SF
Lot
0.26 ac (11,316 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
228-430-24-00
UPID
US09-9475350
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
-
Cromade Inc Big Box & Wholesale Store
-
Burbank Limestone Kitchen & Bath Showroom Interior Design
-
3D Prints Made to Order Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
Jadranka Drazic Devcic Trust
Jadranka Drazic Devcic Trust
since 2026
Last sale
$645,000
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Escondido, 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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
$635,000
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $645k (Jun 1 2023)
Last sale anchor
$645k
Jun 1 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
$105 / 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
$11,081
Tax year 2024
Assessed value
$969,580
Assessed 2024
Previous assessed
$969,580
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$675,514
Assessed improvement
$294,066
Applied tax rate
4.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1974
Heating
NONE
Units
1
Total area
6,096 SF
Lot
0.26 ac (11,316 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
228-430-24-00
UPID
US09-9475350
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Escondido, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Escondido. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Units
1
Lot
0.26 ac
Current owner
From public records · entity-resolved
Jadranka Drazic Devcic Trust
Trust
Free & Clear · 0 yrs held
Mailing address
1845 COMMERCIAL ST, ESCONDIDO, CA 92029-1231
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2026
—
Jadranka Drazic Devcic Trust
Drazic Devcic
Grant Deed
related
—
Apr 14, 2026
—
Zlatko Devcic Living Trust
Zlatko Devcic
Deed
related
—
Jun 1, 2023
—
Zlatko Devcic
Zlatko Devcic
Intrafamily Transfer
related
—
Nov 17, 2016
—
Devcic Living Trust
Devcic,zlatko
Quit Claim Deed
related
—
Apr 12, 2013
—
Zlatko Devcic
Devcic,jadrank
Quit Claim Deed
related
$475,000 · Wells Fargo Bank NA
Jan 21, 2010
—
Devcic Living Trust
Devcic,zlatko
Quit Claim Deed
related
—
Apr 15, 2008
$645,000
Zlatko Devcic
James G Cadman
Grant Deed
$515,910 · Wachovia Bank NA
Apr 14, 2008
—
Elmer S Oldenburg
Oldenburg,donna M
Quit Claim Deed
related
—
Mar 28, 2007
—
Elmer S Oldenburg
Oldenburg H & E 1974 Trust
Quit Claim Deed
related
—
Jun 30, 2006
—
Oldenburg H A & E L 1974 Trust
Oldenburg H & E 1974 Trust
Quit Claim Deed
related
—
Jul 27, 2000
—
James G Etal Cadman
Oldenburg,emily L Etal
Grant Deed
related
—
—
—
Ramon Mendoza JR.
—
Deed Of Trust
related
$18,000 · Bank Of America
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?”
You own 1845 Commercial St, Unit 47?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
