New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,685,000
Warehouses
2126 Jimmy Durante Blvd, Del Mar, CA 92014-2215
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8863574
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1971
Total area
10,720 SF
Lot
0.51 ac (22,215 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
299-100-28-00
UPID
US09-8863574
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
-
Muraflo Building Supply Hardware & Home Improvement
-
CCS Custom Cabinets, Del Mar General Contractor Renovation Specialist
-
John C Read Construction Co Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.66M
CAP Approach
CAP
$2.29M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.69M
Owner & transaction history
Read Family LLC · 3 yrs held
Read Family LLC
since 2022
Last sale
$2.7M
5 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Del Mar, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.1M
+34.7%
Office building
$3.9M
+27.3%
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 Del Mar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Del Mar 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
$2,735,000
ML approach
$2,655,000
CAP Approach
CAP Return
Estimation
6%
$2,480,000
6.5%
$2,290,000
7%
$2,130,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,040,000
Current use
AUTO REPAIR, GARAGE
$4,090,000
Change: +35% · Conversion: Easy
OFFICE BUILDING
$3,865,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$2.69M
Range $2.42M – $2.95M · ±10% · vs last sale $2.68M (Aug 15 2022)
Last sale anchor
$2.68M
Aug 15 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
$250 / 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
$29,142
Tax year 2024
Assessed value
$2,731,560
Assessed 2024
Previous assessed
$2,731,560
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$2,244,000
Assessed improvement
$487,560
Applied tax rate
11.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1971
Heating
NONE
Units
1
Total area
10,720 SF
Lot
0.51 ac (22,215 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
299-100-28-00
UPID
US09-8863574
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Del Mar, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Del Mar, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Del Mar. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$4.1M
OFFICE BUILDING
Est. value
$3.9M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
OFFICE 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
1971
Heating
NONE
Units
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Read Family LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3799 201ST PL SE, SAMMAMISH, WA 98075-6827
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 15, 2022
—
Read Family LLC
Scot Hans Prante
Quit Claim Deed
related
—
Aug 15, 2022
$2,678,000
Mario Omoss
Read Family LLC
Grant Deed
$995,000 · First Republic Bank
Jan 26, 2009
—
Read Family LLC
Owner Name Unavailable
Grant Deed
related
—
Jan 22, 1999
—
Read Family Partners
Prante,terri Lynn Read
Quit Claim Deed
related
—
Dec 30, 1998
—
Randall L Read
Read,john C Etal
Quit Claim Deed
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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