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Property profile & analytics
OFF-MARKET
Estimated value
$3,535,000
Warehouses
201 Trade St San Marcos, CA 92078-4373
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-9741166
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Total area
22,209 SF
Lot
0.78 ac (33,976 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
220-201-72-00
UPID
US09-9741166
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
-
Creative Electron Inc Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.75M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.54M
Owner & transaction history
Creative Hall 2 LLC · 8 yrs held
Creative Hall 2 LLC
since 2017
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, 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 Marcos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Marcos 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%
$5,140,000
6.5%
$4,745,000
7%
$4,410,000
Blend value · Realmo final
$3.54M
Range $3.18M – $3.89M · ±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
$159 / 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
$39,593
Tax year 2024
Assessed value
$3,569,656
Assessed 2024
Previous assessed
$3,569,656
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,115,517
Assessed improvement
$2,454,139
Applied tax rate
13.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Heating
NONE
Units
1
Total area
22,209 SF
Lot
0.78 ac (33,976 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
220-201-72-00
UPID
US09-9741166
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · San Marcos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Marcos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Units
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Creative Hall 2 LLC
Entity
Mailing address
201 TRADE ST, SAN MARCOS, CA 92078-4373
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2019
—
Lmrk Propco 3 LLC
—
Deed
related
$125,440 · Wilmington Tr
Sep 7, 2017
—
Creative Hall 2 LLC
—
Deed
related
$1,610,000 · Comerica Bk
Aug 30, 2017
$3,200,000
Creative Hall 2 LLC
Osm Trade Street LP
Grant Deed
$1,610,000 · Comerica Bank
Jul 21, 2015
$1,709,000
Osm Trade Street LP
Rainbow Oaks LLC
Grant Deed
—
Jan 15, 2015
—
Ld Acquisition Co LLC
—
Loan Modification
related
$390,000,000 · Suntrust Bk
Mar 24, 2005
—
Maltby Ents LLC
Maltby Family Trust
Quit Claim Deed
—
Mar 24, 2005
$2,550,000
Rainbow Oaks LLC
Maltby Ents LLC
Grant Deed
$300,000 · Maltby Ents LLC
Dec 21, 1998
$1,350,000
David H Maltby
Vanderbyl Trust
Grant Deed
$1,381,000 · Money Store Investment Corp
Dec 5, 1997
—
Gerrit Etal Vanderbyl
Vanderbyl,gerrit J & Mary A
Quit Claim Deed
related
—
Feb 28, 1990
$1,080,000
Gerrit Vanderbyl
Kresovich Bosko
Grant Deed
$1,039,500 · Bank Of Commerce
—
—
Rainbow Oaks LLC
—
Deed Of Trust
related
$1,800,000 · Mission Oaks National Bank
—
—
Lmrk Propco 3 LLC
—
Deed Of Trust
related
$125,440 · Wilmington Tr
—
—
Maltby Trust
—
Deed Of Trust
related
$1,365,000 · Sunrise Bank San Diego
—
—
Ld Acquisition Co 11 LLC
—
Loan Modification
related
$450,000,000 · Suntrust Bk
—
—
Creative Hall 2 LLC
—
Deed Of Trust
related
$1,610,000 · Comerica Bk
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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