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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Turn key restaurants
2108 Jackson Ave, Thermal, CA 92274-6552
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6609341
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Lot
1.65 ac (71,874 SF)
APN
014-175-002-000
UPID
US09-6609341
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
$810k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
Salt &light Development LLC · 4 yrs held
Salt &light Development LLC
since 2022
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
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 Thermal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thermal 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
$825,000
ML approach
$810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$885k
Range $797k – $974k · ±10% · vs last sale $950k (Jun 8 2022)
Last sale anchor
$950k
Jun 8 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
—
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
$6,056
Tax year 2024
Assessed value
$293,483
Assessed 2024
Previous assessed
$293,483
+0.0% YoY
Effective rate
2.06%
On assessed value
Assessed land
$23,056
Assessed improvement
$270,427
Applied tax rate
82.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Heating
NONE
Lot
1.65 ac (71,874 SF)
APN
014-175-002-000
UPID
US09-6609341
Jurisdiction
IMPERIAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.65 ac
Current owner
From public records · entity-resolved
Salt &light Development LLC
Entity
Mailing address
3830 RAY ST, SAN DIEGO, CA 92104-3623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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 8, 2022
—
Salt &light Development LLC
Salt And Light Development LLC
Intrafamily Transfer
related
$447,000 · Duhs Living Trust
Mar 15, 2012
$950,000
Duhs 2005 Family Living Trust
Salton Sea Ents LLC
Grant Deed
—
Mar 15, 2012
—
Salt & Light Development LLC
Craig P Duhs
Grant Deed
$855,000 · Americanwest Bank
Oct 6, 2011
—
Saton Sea Ents LLC
Salton Sea Estates II LLC
Grant Deed
—
Sep 2, 2011
$1,000,000
Salton Sea Ents LLC
Salton Sea Estates II LLC
Grant Deed
—
Sep 5, 2007
—
Salton Sea Estates II LLC
Era Investment Group INC
Grant Deed
related
—
Jan 17, 2007
$180,000
Era Investment Group INC
Stolle 1988 Family Trust
Grant Deed
—
Dec 26, 2006
—
Salton Sea Estates II LLC
E R A Investment Group INC
Grant Deed
$1,260,000 · Pacific Western Bank
Mar 3, 2006
$180,000
Era Investment Group INC
Stolle 1988 Family Trust
Grant Deed
—
Nov 10, 1988
—
Stolle,fred C & Diane Trust
Stolle,fred C
Quit Claim Deed
related
—
—
—
Salton Sea Estates II LLC
—
Deed Of Trust
related
$20,000 · Pacific Western 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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