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Property profile & analytics
OFF-MARKET
Estimated value
$2,380,000
Retail space
2005 Highland Ave National City, CA 91950-5845
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7717436
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Total area
9,000 SF
Lot
0.2 ac (8,783 SF)
Zoning code
COMMERCIAL
APN
561-271-01-00
UPID
US09-7717436
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
-
Jalisco Insurance Insurance Agency
-
Bonita Family Resource Center Charitable Organization Social Service Agency
-
Mavis Building Supply
-
Amarre de Amor Maestro Carlos Spiritual Center
-
National City Car Accident Lawyer Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.40M
CAP Approach
CAP
$2.18M
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$2.38M
Owner & transaction history
Csg Enterprises LLC · 4 yrs held
Csg Enterprises LLC
since 2022
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · National City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.2M
+45.8%
Industrial (general)
$2.5M
+10.2%
Apartment house (5+ units)
$2.3M
+3.0%
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
Method
Estimation
Statistic approach
$2,280,000
ML approach
$2,400,000
CAP Approach
CAP Return
Estimation
6%
$2,355,000
6.5%
$2,175,000
7%
$2,020,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,225,000
Current use
OFFICE BUILDING
$3,245,000
Change: +46% · Conversion: Easy
INDUSTRIAL (GENERAL)
$2,455,000
Change: +10% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,295,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$2.38M
Range $2.14M – $2.62M · ±10% · vs last sale $2.55M (Jun 30 2022)
Last sale anchor
$2.55M
Jun 30 2022
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
$264 / 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
$22,120
Tax year 2024
Assessed value
$1,872,720
Assessed 2024
Previous assessed
$1,872,720
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$832,320
Assessed improvement
$1,040,400
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Heating
NONE
Units
1
Total area
9,000 SF
Lot
0.2 ac (8,783 SF)
Zoning code
COMMERCIAL
APN
561-271-01-00
UPID
US09-7717436
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.2M
OFFICE BUILDING
Est. value
$3.2M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
RETAIL STORES Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Units
1
Lot
0.2 ac
Current owner
From public records · entity-resolved
Csg Enterprises LLC
Entity
Mailing address
815 3RD AVE STE #119, CHULA VISTA, CA 91911-1308
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2025
—
Csg Enterprises LLC
—
Deed
related
$1,208,000 · Southland Economic Development Corp
Apr 18, 2025
—
Csg Enterprises LLC
—
Deed
related
$1,180,000 · Everbank NA
Jun 30, 2022
$2,550,000
Csg Enterprises LLC
Debra R Weller
Grant Deed
$2,585,000 · Bayfirst National Bank
Apr 12, 2012
—
Johnson Family Trust
Johnson,jewell W
Affidavit Of Death
related
—
Jul 29, 2011
$19,500
Md7 Capital Three LLC
T-mobile West Corp
Grant Deed
related
—
May 4, 2006
—
New Cingular Wireless Pcs LLC
Johnson Family Trust
Grant Deed
related
—
Jan 17, 2006
—
Johnson Family Trust
Owner Name Unavailable
Grant Deed
related
—
—
—
Jewell W Johnson
—
Deed Of Trust
related
$345,000 · Pacific Commerce Bank
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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