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Property profile & analytics
FOR LEASE
Strip malls
1860 W El Norte Pkwy Escondido, CA 92026
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9193194
For Lease
1 / 2
Contact for pricing
1860 W El Norte Pkwy, Escondido, CA 92026
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Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1978
Total area
20,482 SF
Lot
2 ac (87,120 SF)
Zoning code
COMMERCIAL
APN
224-051-38-00
UPID
US09-9193194
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
-
Western Union Bank Credit Union
-
Amazon Hub Locker - Idrissa Postal Service Courier Service
-
7-Eleven Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.02M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.88M
Owner & transaction history
Hamid Tony Afshar · 6 yrs held
Hamid Tony Afshar
since 2019
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Escondido, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,525,000
6.5%
$6,020,000
7%
$5,590,000
Blend value · Realmo final
$4.88M
Range $4.39M – $5.36M · ±10%
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
$238 / 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
$30,458
Tax year 2024
Assessed value
$2,664,590
Assessed 2024
Previous assessed
$2,664,590
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,017,115
Assessed improvement
$1,647,475
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
1978
Heating
NONE
Units
1
Total area
20,482 SF
Lot
2 ac (87,120 SF)
Zoning code
COMMERCIAL
APN
224-051-38-00
UPID
US09-9193194
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Escondido, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | Escondido, CA
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Units
1
Lot
2 ac
Current owner
From public records · entity-resolved
Hamid Tony Afshar
Individual
Mailing address
930 RAINBOW CRST RD, FALLBROOK, CA 92028-9618
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 26, 2019
—
Hamid Tony Afshar
Tony Afshar
Intrafamily Transfer
related
$1,500,000 · San Diego County Cu
Feb 14, 2002
—
Tony Afshar
—
Trustees Deed
related
$200,000 · Community National Bank
May 12, 2000
$1,300,000
Tony Afshar
Sunderland Investments LLC
Grant Deed
$814,380 · Fallbrook National Bank
Oct 5, 1989
$1,725,000
Sunderland Rober
Central Park 15
Trustees Deed
—
Oct 5, 1989
—
Central Park 15
American Mtg Fun
Trustees Deed
related
—
Oct 11, 1988
$1,431,780
Eastview Propert
Jennings J Dougl
Trustees Deed
—
Apr 1, 1988
$1,300,000
Jennings J Dougl
Lajol
Trustees Deed
$850,000 · American Savings Bank
Apr 1, 1988
—
La Jolla Equitie
Count
Quit Claim Deed
related
—
—
—
Tony Afshar
—
Deed Of Trust
related
$1,500,000 · Centennial Bank
—
—
Sunderland Trust
—
Deed Of Trust
related
$695,000 · Rancho Santa Fe Bank
—
—
Jennings J Dougl
—
Deed Of Trust
related
$350,000 · Anderson Walter
—
—
Tony Afshar
—
Deed Of Trust
related
$808,116 · Community National Bank
—
—
Tony Afshar
—
Deed Of Trust
related
$300,000 · Community National Bank
—
—
Eastview Propert
—
Deed Of Trust
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.
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