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Property profile & analytics
OFF-MARKET
Estimated value
$1,090,000
Turn key restaurants
2112 Main St Julian, CA 92036
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9394626
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1957
Total area
1,224 SF
Lot
0.06 ac (2,735 SF)
Zoning code
COMMERCIAL
APN
291-085-05-00
UPID
US09-9394626
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$1.09M
Owner & transaction history
The Julian Cafe Building LLC · 1 yrs held
The Julian Cafe Building LLC
since 2024
Last sale
$1.1M
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Julian, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.1M
+37.4%
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 Julian submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Julian 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
$1,090,000
ML approach
$1,090,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$805,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,105,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$1.09M
Range $981k – $1.20M · ±10% · vs last sale $1.09M (Oct 16 2024)
Last sale anchor
$1.09M
Oct 16 2024
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
$891 / 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
$20,892
Tax year 2024
Assessed value
$1,088,500
Assessed 2024
Previous assessed
$1,088,500
+0.0% YoY
Effective rate
1.92%
On assessed value
Assessed land
$850,000
Assessed improvement
$238,500
Applied tax rate
81.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Year built
1957
Heating
NONE
Units
1
Total area
1,224 SF
Lot
0.06 ac (2,735 SF)
Zoning code
COMMERCIAL
APN
291-085-05-00
UPID
US09-9394626
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Julian, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Julian, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Julian. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$805,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
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
1957
Heating
NONE
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
The Julian Cafe Building LLC
Entity
Free & Clear · 1 yrs held
Mailing address
25022 PO BOX 880TH RD, JULIAN, CA 92036-0880
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2024
—
The Julian Cafe Building LLC
The Julian Bakery & Cafe INC
Intrafamily Transfer
related
—
Oct 24, 2023
$1,088,500
The Julian Bakery & Cafe INC
Michael J Ciuffreda JR
Grant Deed
$979,650 · Michael Ciuffreda Trust
Jan 4, 1996
—
Michael J Ciuffreda JR.
Ciuffreda,michael J JR Etal
Quit Claim Deed
related
—
May 2, 1989
$300,000
Michae Ciuffreda
Kristiansen Kjel
Grant Deed
$237,500 · Bank Of Commerce
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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