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Property profile & analytics
OFF-MARKET
Auto shops
2040 Auto Park Way Escondido, CA 92029-1341
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9209625
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1981
Total area
4,700 SF
Lot
0.35 ac (15,360 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
232-470-13-00
UPID
US09-9209625
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
-
Budget Truck Rental Car Rental Facility
-
Avis Car Rental Car Rental Facility
-
Budget Car Rental Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Palace Properties LLC · 7 yrs held
Palace Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Escondido, 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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
—
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
$13,108
Tax year 2024
Assessed value
$1,148,325
Assessed 2024
Previous assessed
$1,148,325
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$656,186
Assessed improvement
$492,139
Applied tax rate
4.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1981
Heating
NONE
Units
1
Total area
4,700 SF
Lot
0.35 ac (15,360 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
232-470-13-00
UPID
US09-9209625
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Escondido, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Escondido. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Units
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Palace Properties LLC
Entity
Mailing address
1575 PLACENTIA AVE, NEWPORT BEACH, CA 92663-2813
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2019
$1,050,000
Palace Properties LLC
6828 Nancy Ridge LLC
Grant Deed
—
Feb 27, 2018
—
6828 Nancy Ridge LLC
—
Trustees Deed
related
$275,000 · Denver Svgs Bk
Mar 20, 2013
—
Alexander Family Trust
Alexander Family Trust
Quit Claim Deed
related
—
Jan 7, 2013
—
Kristin M Gilchrist
Gilchrist,robert C III
Affidavit Of Death
related
—
Jan 3, 2013
$625,000
6828 Nancy Ridge LLC
Kgeorge Consultants INC
Grant Deed
—
Jun 6, 2012
—
Kgeorge Consultants INC
Black,terry
Quit Claim Deed
related
—
Mar 9, 2010
—
Terry Black
Black,barbara
Quit Claim Deed
related
$300,000 · Gilchrist Family Trust
Nov 18, 1994
$5,000
Terry Black
Wooford,don A
Grant Deed
related
—
Oct 19, 1994
$5,000
Terry Black
Wofford,billie L
Grant Deed
related
$28,800 · Individual
—
—
Terry Black
—
Deed Of Trust
related
$238,500 · International Savings Bank
—
—
6828 Nancy Ridge LLC
—
Deed Of Trust
related
$312,500 · California Bank & Trust
—
—
Don A Wofford
—
Deed Of Trust
related
$165,000 · Individual
—
—
Terry Black
—
Deed Of Trust
related
$181,035 · San Diego National Bank
—
—
Terry Black
—
Deed Of Trust
related
$215,000 · San Diego National 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.
Try Rey
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