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Property profile & analytics
OFF-MARKET
Estimated value
$8,115,000
Retail space
202 College St Ste 201, Fallbrook, CA 92028-2970
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9897273
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Total area
59,421 SF
Lot
1.56 ac (67,953 SF)
Zoning code
COMMERCIAL
APN
104-054-03-00
UPID
US09-9897273
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$10.25M
Blend (final)
Blend
$8.12M
Owner & transaction history
Ark Properties LLC · 7 yrs held
Ark Properties LLC
since 2018
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.12M
Range $7.30M – $8.93M · ±10% · vs last sale $7.75M (Dec 30 2025)
Last sale anchor
$7.75M
Dec 30 2025
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
$137 / 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
$91,829
Tax year 2024
Assessed value
$8,581,128
Assessed 2024
Previous assessed
$8,581,128
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,673,277
Assessed improvement
$6,907,851
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Heating
NONE
Units
1
Total area
59,421 SF
Lot
1.56 ac (67,953 SF)
Zoning code
COMMERCIAL
APN
104-054-03-00
UPID
US09-9897273
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Fallbrook, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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
Year built
2008
Heating
NONE
Units
1
Lot
1.56 ac
Current owner
From public records · entity-resolved
Ark Properties LLC
Entity
Mailing address
912 VEREDA CALLADA, ESCONDIDO, CA 92029-6702
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Jun 29, 2018
$7,692,500
Ark Properties LLC
Citrus Equities LLC
Grant Deed
—
Jul 15, 2013
$2,386,000
Citrus Equities LLC
Citrus Plaza LLC
Grant Deed
—
Feb 5, 2010
—
Citrus Plaza LLC
—
Deed Of Trust
related
$6,265,000 · First Regional Bank
May 20, 2009
—
Citrus Plaza LLC
—
Trustees Deed
related
$535,200 · Straub Construction INC
Sep 28, 2006
—
Citrus Plaza LLC
—
Trustees Deed
related
$5,200,000 · First Regional Bank
Dec 29, 2003
—
Citrus Plaza LLC
Loyola Properties
Quit Claim Deed
related
—
Apr 21, 2003
$940,000
Loyola Properties
Riha,zdenek
Grant Deed
$450,000 · Zdenek Riha
May 12, 1999
$305,000
Zdenek Riha
—
Grant Deed
related
—
—
—
Citrus Plaza LLC
—
Deed Of Trust
related
$6,265,000 · First Regional Bank
—
—
Zdenek Riha
—
Deed Of Trust
related
$200,000 · Brownstone Mortgage Corp
—
—
Zdenek Riha
—
Deed Of Trust
related
$195,000 · Albert A Pinamonti Trustee
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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