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Property profile & analytics
OFF-MARKET
Estimated value
$510,000
Industrial land
202 College St Fallbrook, CA 92028-2970
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9937586
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
1.2 ac (52,272 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
104-051-02-00
UPID
US09-9937586
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
-
Citrus Plaza Self Storage Storage Facility
-
Fallbrook Community Resource Center Community Center Government Office
-
Mr Carpet Cleaning Fallbrook Carpet Cleaning Service
-
Anjelica Consultation, Inc Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$545k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$510k
Owner & transaction history
Rick D Windbigler · 3 yrs held
Rick D Windbigler
since 2023
Last sale
$505,000
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Fallbrook, 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 Fallbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallbrook 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
$485,000
ML approach
$545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$510k
Range $459k – $561k · ±10% · vs last sale $505k (May 23 2023)
Last sale anchor
$505k
May 23 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
$5,261
Tax year 2024
Assessed value
$489,714
Assessed 2024
Previous assessed
$489,714
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$489,714
Applied tax rate
75.0000
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
1.2 ac (52,272 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
104-051-02-00
UPID
US09-9937586
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Fallbrook, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallbrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.2 ac
Current owner
From public records · entity-resolved
Rick D Windbigler
Individual
Mailing address
235 W COLLEGE ST, FALLBROOK, CA 92028-2964
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2023
—
Rick D Windbigler
Rick D Windbigler
Intrafamily Transfer
related
—
Jul 29, 2013
—
Rick Windbigler
Ricky Windbigler
Intrafamily Transfer
related
$855,000 · Jpmorgan Chase Bank NA
Sep 7, 2010
—
Ricky Windbigler
Windbigler Family 2005 Trust
Quit Claim Deed
related
—
Jun 17, 2005
—
Windbigler Family 2005 Trust
Windbigler,ricky & Sheri
Quit Claim Deed
related
—
May 23, 2002
$1,000
Wind & Sea Properties LLC
Windbigler,rick
Grant Deed
related
—
Aug 17, 1999
$505,000
Ricky Windbigler
Golden Citrus INC
Grant Deed
$454,500 · Fallbrook National Bank
May 12, 1999
$305,000
International Riha Design
Golden Citrus Development Co
Grant Deed
$195,000 · Seller
Aug 16, 1995
$717,081
Golden Citrus Development Co
College Properties INC
Trustees Deed
—
—
—
Windbigler Family 2005 Trust
—
Deed Of Trust
related
$500,000 · Discovery Bank
—
—
Windbigler Family 2005 Trust
—
Deed Of Trust
related
$150,000 · Discovery Bank
—
—
Ricky D Windbigler
—
Deed Of Trust
related
$50,000 · Lantzman Trust
—
—
Ricky Windbigler
—
Deed Of Trust
related
$538,557 · Discovery 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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