Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1934 John Towers Ave El Cajon, CA 92020-1165

    • Manufacturing properties
    • 14,064 SF
    • 1.17 lot acres
    OFF-MARKET
    Value Estimations
    $675,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9035129
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 7.3 Superduty Injectors / Truck Accessories Store / Truck Repair Shop
    • Woolsey Construction / Home Builder / Construction Company
    • Aabco Moving & Storage / Mover / Professional Services
    • Well Built Woodworks / Woodworker

    Property Details for 1934 John Towers Ave

    Year built
    1980
    Lot size
    1.17 lot acres
    Property size
    14,064 SF
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Manufacturing properties
    APN
    760-232-44-00
    APU
    7602324400

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $545,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $805,000
      Market price range: $454k - $2.12M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Cajon
    County
    San Diego
    State
    California
    Longitude
    -116.977
    Latitude
    32.8207
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $19,765
    $721,805
    $809,296
    $1,531,101
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $785,000
      20,645 SF

      1725 Gillespie Way

      MANUFACTURING (LIGHT) • 20,645 SF
      1725 Gillespie Way, El Cajon, CA 92020-1015
      View Details
    • Value Estimation
      $730,000
      15,712 SF

      1911 John Towers Ave

      MANUFACTURING (LIGHT) • 15,712 SF
      1911 John Towers Ave, El Cajon, CA 92020-1117
      View Details
    • Value Estimation
      $845,000
      27,570 SF

      1149 Marshall Ave

      MANUFACTURING (LIGHT) • 27,570 SF
      1149 Marshall Ave, El Cajon, CA 92020-1830
      View Details
    • Value Estimation
      $875,000
      56,450 SF

      700 Marshall Ave

      MANUFACTURING (LIGHT) • 56,450 SF
      700 Marshall Ave, El Cajon, CA 92020-3035
      View Details
    • Value Estimation
      $785,000
      23,670 SF

      425 Marshall Ave, Unit 35

      HEAVY MANUFACTURING • 23,670 SF
      425 Marshall Ave, El Cajon, CA 92020-3133
      View Details
    • Value Estimation
      $925,000
      21,038 SF

      1955 Cordell Ct

      MANUFACTURING (LIGHT) • 21,038 SF
      1955 Cordell Ct, El Cajon, CA 92020-0901
      View Details

    Similar Nearby for Sale

    • $2,500,000
      3,800 SF

      El Cajon Warehouse - $2.5M

      Prime El Cajon location, mixed-use potential.
      939 Main St, El Cajon, CA 92020
      View Details
    • $2,000,000

      El Cajon Retail/Industrial Corner

      Retail/industrial property in El Cajon's downtown environment.
      580 El Cajon Blvd, El Cajon, CA 92020
      View Details
    • $7,691,000
      16,634 SF

      El Cajon Retail Investment Opportunity

      NNN leased retail property with annual rent increases for sale.
      1360 N Magnolia Ave, El Cajon, CA 92020
      View Details
    • $2,200,000

      El Cajon Specialty Property

      Specialty property available for sale in El Cajon, California.
      504-514 S Magnolia Ave, El Cajon, CA 92020
      View Details
    • $220,000

      Mobile Home in 55+ Community

      Comfortable mobile home in a vibrant 55+ community.
      1440 S Orange Ave, El Cajon, CA 92020
      View Details
    • $1,100,000

      Commercial Land For Sale

      Commercial land available for sale.
      927 W Main St, El Cajon, CA 92020
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      3,304 SF

      El Cajon Warehouse Space

      3,304 SF warehouse space available for lease.
      204 Greenfield Dr, El Cajon, CA 92020
      View Details
    • $20 SF/Yr
      29,802 SF

      East County Flex Space Available

      Prime El Cajon industrial space for lease.
      202 Magnolia Ave, El Cajon, CA 92020
      View Details
    • $1.70 SF/Yr
      1,940 SF

      El Cajon Flex/Industrial Space

      Multi-tenant building with high ceilings and ample power.
      206 Greenfield Dr, El Cajon, CA 92020
      View Details
    • $1.75 SF/Yr
      15,877 SF

      El Cajon Warehouse Space Available

      15,877 SF warehouse with ample parking and loading doors.
      332 N Johnson Ave, El Cajon, CA 92020
      View Details
    • Contact for pricing
      111,928 SF

      Industrial Building in El Cajon

      Large industrial space with excellent freeway access and modern features.
      1756 Weld Blvd, El Cajon, CA 92020
      View Details
    • $18 SF/Yr
      1,652 SF

      El Cajon Warehouse Space Available

      Warehouse space for lease in El Cajon, California.
      1950 Cordell Ct, El Cajon, CA 92020
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1934 John Towers Ave
    El Cajon, CA 92020-1165
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.