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Property profile & analytics
OFF-MARKET
Estimated value
$2,030,000
Industrial properties
215 Denny Way Ste D, El Cajon, CA 92020-1265
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-9602574
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1986
Total area
6,176 SF
Lot
1.35 ac (58,898 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
387-121-43-03
UPID
US09-9602574
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
-
M B Manufacturing Industrial Manufacturer
-
San Diego Cylinder Heads Distribution Center Logistics Company
-
Dance Scene Training Center
-
Dose Independent BMW Service Auto Repair Shop
-
Autobahn West Enterprises Inc Car Dealership Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.16M
Blend (final)
Blend
$2.03M
Owner & transaction history
215 Denny Way D LLC · 3 yrs held
215 Denny Way D LLC
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · El Cajon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.9M
+101.4%
Office building
$2.2M
+53.0%
Retail stores
$1.8M
+21.6%
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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
$2,135,000
ML approach
$1,845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,455,000
Current use
MEDICAL BUILDING
$2,930,000
Change: +101% · Conversion: Difficult
OFFICE BUILDING
$2,225,000
Change: +53% · Conversion: Difficult
RETAIL STORES
$1,770,000
Change: +22% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$1,745,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$2.03M
Range $1.83M – $2.23M · ±10% · vs last sale $2.00M (Feb 10 2023)
Last sale anchor
$2.00M
Feb 10 2023
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
$329 / 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
$24,143
Tax year 2024
Assessed value
$2,040,000
Assessed 2024
Previous assessed
$2,040,000
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$765,000
Assessed improvement
$1,275,000
Applied tax rate
86.0000
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1986
Heating
NONE
Units
1
Total area
6,176 SF
Lot
1.35 ac (58,898 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
387-121-43-03
UPID
US09-9602574
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · El Cajon, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$2.9M
OFFICE BUILDING
Est. value
$2.2M
RETAIL STORES
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1986
Heating
NONE
Units
1
Lot
1.35 ac
Current owner
From public records · entity-resolved
215 Denny Way D LLC
Entity
Mailing address
215 DENNY WAY STE D, EL CAJON, CA 92020-1265
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
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
Feb 10, 2023
$2,000,000
215 Denny Way D LLC
Denny Way LLC
Grant Deed
$1,000,000 · Jpmorgan Chase Bank NA
Feb 10, 2023
—
215 Denny Way D LLC
—
Deed
related
$514,000 · California Statewide Certified Developme
Oct 15, 2012
$650,000
Denny Way LLC
John A Cameron
Grant Deed
$585,000 · Plaza Bank
Jun 14, 2012
—
Cameron John A & Shirley Trust
Cameron,john
Quit Claim Deed
related
—
Dec 16, 2010
$494,500
John Cameron
Zions First Natl Bk
Grant Deed
—
Jul 26, 2010
$1,163,469
Zions First Natl Bk
Mortgage Lender Svcs INC
Trustees Deed
related
—
Nov 14, 2003
—
Michael Bramiage
Coon,william H
Grant Deed
$1,064,600 · Wachovia Bank NA
Aug 13, 2001
—
William H Coon
Coon,billi Jo
Quit Claim Deed
related
—
Jul 10, 1998
$367,500
Wiliam H Coon
Caster Group
Grant Deed
$348,000 · Bank Of Commerce
Oct 6, 1994
$830,000
Caster Group L P Cons16% Caster
—
Grant Deed
related
—
—
—
Michael Bramlage
—
Deed Of Trust
related
$1,135,000 · Zions First National 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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