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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Industrial land
2002 Newton Ave 4 San Diego, CA 92113-2207
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8989942
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.26 ac (11,412 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
538-530-33-00
UPID
US09-8989942
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.42M
Owner & transaction history
Grupo Arhe Real Estate Holding LLC · 2 yrs held
Grupo Arhe Real Estate Holding LLC
since 2023
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, 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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
$1,375,000
ML approach
$1,395,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±10% · vs last sale $1.45M (Nov 30 2023)
Last sale anchor
$1.45M
Nov 30 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
—
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
$19,359
Tax year 2024
Assessed value
$1,450,000
Assessed 2024
Previous assessed
$1,450,000
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$1,450,000
Applied tax rate
8.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.26 ac (11,412 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
538-530-33-00
UPID
US09-8989942
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.26 ac
Current owner
From public records · entity-resolved
Grupo Arhe Real Estate Holding LLC
Entity
Mailing address
8756 SHERWOOD TER, SAN DIEGO, CA 92154-7718
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2025
—
Grupo Arbe Real Estate Holding LLC
—
Deed
related
$725,000 · Centro Estudios Universitarios
Nov 30, 2023
$1,450,000
Grupo Arhe Real Estate Holding LLC
Logan Mb Investors LLC
Grant Deed
$690,000 · Union Home Loans
Jun 29, 2018
—
Logan Mb LLC
—
Deed
related
$850,000 · Loan /san Diego
Oct 18, 2013
$450,000
Logan Mb LLC
Akhavan,bijan & Nooshin
Grant Deed
—
Jan 12, 2012
$171,000
Bijan Akhavan
Bank Of The West
Grant Deed
—
Sep 15, 2009
$325,000
Bank Of The West
Fidelity National Title Co
Trustees Deed
related
—
Aug 4, 2004
$450,000
Newton Investments LLC
Lopez,tr
Grant Deed
$383,000 · Community First National Bank
Jul 18, 2002
—
Lopez Trust
Ahern,fritz & Susana
Grant Deed
$185,500 · Cp Properties Psp
Mar 26, 2002
$162,500
Fritz Ahern
Guzman,george
Grant Deed
—
Dec 5, 2001
$112,000
George Guzman
Crow,lawrence R
Grant Deed
$67,200 · Trippeer Trust
—
—
Logan Mb LLC
—
Deed Of Trust
related
$850,000 · Loan /san Diego
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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