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Property profile & analytics
OFF-MARKET
Estimated value
$7,425,000
Manufacturing properties
2061 Aldergrove Ave Escondido, CA 92029-1902
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-9475380
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1999
Total area
25,295 SF
Lot
1.62 ac (70,567 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
232-051-50-00
UPID
US09-9475380
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
-
Taylor Commercial Door Inc Hardware & Home Improvement Production Facility
-
OJ Insulation General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.97M
Blend (final)
Blend
$7.43M
Owner & transaction history
The Rincon Del Diablo Water Distric
The Rincon Del Diablo Water Distric
since 2025
Last sale
$7.6M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Escondido, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$9.7M
+55.6%
Office building
$9.1M
+47.0%
Warehouse, storage
$7.8M
+25.9%
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
Method
Estimation
Statistic approach
$7,035,000
ML approach
$6,950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,205,000
Current use
AUTO REPAIR, GARAGE
$9,655,000
Change: +56% · Conversion: Easy
OFFICE BUILDING
$9,120,000
Change: +47% · Conversion: Difficult
WAREHOUSE, STORAGE
$7,815,000
Change: +26% · Conversion: Easy
MEDICAL BUILDING
$7,705,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$7.43M
Range $6.68M – $8.17M · ±10% · vs last sale $7.59M (May 11 2022)
Last sale anchor
$7.59M
May 11 2022
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
$294 / 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
$90,038
Tax year 2024
Assessed value
$7,895,075
Assessed 2024
Previous assessed
$7,895,075
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$5,202,000
Assessed improvement
$2,693,075
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1999
Heating
NONE
Units
1
Total area
25,295 SF
Lot
1.62 ac (70,567 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
232-051-50-00
UPID
US09-9475380
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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.2M
AUTO REPAIR, GARAGE
Est. value
$9.7M
OFFICE BUILDING
Est. value
$9.1M
WAREHOUSE, STORAGE
Est. value
$7.8M
MEDICAL BUILDING
Est. value
$7.7M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Units
1
Lot
1.62 ac
Current owner
From public records · entity-resolved
The Rincon Del Diablo Water Distric
Individual
Mailing address
5820 OBERLIN DR STE #201, SAN DIEGO, CA 92121-3743
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
$10,295,500
The Rincon Del Diablo Water Distric
Ka Sweetwater LLC
Grant Deed
—
Mar 3, 2023
—
Ka Sweetwater LLC
—
Deed
related
$4,200,000 · Mechanics Bank
May 11, 2022
$7,588,500
Ka Sweetwater LLC
Timothy P Taylor
Grant Deed
$2,215,000 · Ka Keith LLC
Aug 5, 2013
—
Taylor Family Trust
Timar Properties LLC
Quit Claim Deed
—
Feb 1, 2008
—
Timar Properties LLC
Taylor Family Trust
Grant Deed
—
Nov 7, 2005
—
Taylor Family Trust
Taylor Family Trust
Quit Claim Deed
related
$769,000 · Cdc Small Business Finance Co
Oct 6, 2005
$3,630,000
Taylor Family Trust
Kay,dennis W & Peggie A
Grant Deed
$2,565,370 · Zions First National Bank
Mar 4, 1997
$300,000
Dennis W Kay
—
Grant Deed
related
—
—
—
Dennis W Kay
—
Deed Of Trust
related
$1,475,000 · Wells Fargo 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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