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Property profile & analytics
OFF-MARKET
Estimated value
$6,305,000
Manufacturing properties
203 Johnson Ave, El Cajon, CA 92020-3111
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9016696
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
2000
Total area
64,461 SF
Lot
5.48 ac (238,708 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
487-122-39-00
UPID
US09-9016696
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
-
SunRun Solar Solar Energy Company
-
Radius Aerospace Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.31M
Owner & transaction history
Ventasso Energy Storage LLC · 1 yrs held
Ventasso Energy Storage LLC
since 2025
6 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · El Cajon, 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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$98 / 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
$61,434
Tax year 2024
Assessed value
$5,019,833
Assessed 2024
Previous assessed
$5,019,833
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$4,462,075
Assessed improvement
$557,758
Applied tax rate
3.0000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
2000
Heating
NONE
Units
1
Total area
64,461 SF
Lot
5.48 ac (238,708 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
487-122-39-00
UPID
US09-9016696
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · El Cajon, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Units
1
Lot
5.48 ac
Current owner
From public records · entity-resolved
Ventasso Energy Storage LLC
Entity
Free & Clear · 1 yrs held
Mailing address
4000 MACARTHUR BLVD STE #500, NEWPORT BEACH, CA 92660-2517
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
—
Ventasso Energy Storage LLC
400 Ebbetts Pass Road LLC
Deed
—
Oct 27, 2020
—
400 Ebbetts Pass Road LLC
—
Deed
related
$4,700,000 · Skyone FCU
Apr 9, 2018
$4,500,000
400 Ebbetts Pass Road LLC
Trust B
Grant Deed
$3,900,000 · Thorofare Asset Based Lndg Rei
Sep 3, 2014
$692,000
Jones,wendy A Trust
Jones Scott Family Trust
Quit Claim Deed
related
—
Jun 21, 2012
—
Jones Scott Family Trust
Jones Evan Family Trust
Quit Claim Deed
related
—
Mar 17, 2008
—
Scott A Jones
Jones,sally S
Affidavit Of Death
related
—
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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