Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,370,000
Parking lots & garages
215 Bay Blvd Chula Vista, CA 91910-2047
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7030415
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1974
Total area
9,431 SF
Lot
1.24 ac (54,014 SF)
Zoning code
COMMERCIAL
APN
567-021-29-00
UPID
US09-7030415
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$2.37M
Owner & transaction history
Stone 215 Bay Blvd LLC · 9 yrs held
Stone 215 Bay Blvd LLC
since 2016
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Chula Vista, 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 Chula Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chula Vista 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.37M
Range $2.13M – $2.61M · ±10%
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
$251 / 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
$33,396
Tax year 2024
Assessed value
$2,643,015
Assessed 2024
Previous assessed
$2,643,015
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,617,005
Assessed improvement
$26,010
Applied tax rate
1.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1974
Heating
NONE
Units
1
Total area
9,431 SF
Lot
1.24 ac (54,014 SF)
Zoning code
COMMERCIAL
APN
567-021-29-00
UPID
US09-7030415
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Chula Vista, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Chula Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1974
Heating
NONE
Units
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
Stone 215 Bay Blvd LLC
Entity
Mailing address
7727 HERSCHEL AVE, LA JOLLA, CA 92037-4406
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Jan 21, 2026
—
Stone 215 Bay Blvd LLC
—
Deed
related
$5,700,000 · Enterprise Bank & Trust
Nov 16, 2020
—
Stone 215 Bay Blvd LLC
—
Deed
related
$2,000,000 · Calprivate Bk
Oct 26, 2016
$2,875,000
Stone 215 Bay Blvd LLC
215 Bay Blvd LLC
Grant Deed
$1,794,000 · San Diego Private Bank
Dec 6, 2011
$2,100,000
215 Bay Blvd LLC
Cvafg LLC
Grant Deed
$1,250,000 · Source Capital Funding INC
Jul 14, 1999
$900,000
Cvafg LLC
Tobei Trust
Grant Deed
$585,000 · Union Bank Of California
—
—
215 Bay Blvd LLC
—
Deed Of Trust
related
$1,000,000 · La Jolla Fund LLC
—
—
Von Tobel Trust
—
Deed Of Trust
related
$383,283 · Individual
—
—
215 Bay Blvd LLC
—
Deed Of Trust
related
$250,000 · Dolores A Welty
—
—
Cvafg LLC
—
Deed Of Trust
related
$423,000 · Cdc Small Business Finance Co
—
—
Cvafg LLC
—
Deed Of Trust
related
$626,265 · Union Bank Of California
—
—
Stone 215 Bay Blvd LLC
—
Loan Modification
related
$2,000,000 · Calprivate Bk
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 215 Bay Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
