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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Warehouses
220 Grand Tradition Way Fallbrook, CA 92028-4107
Individually Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-9943464
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
3,024 SF
Lot
2.5 ac (108,900 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
104-250-35-00
UPID
US09-9943464
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
-
The Veranda Restaurant Restaurant Cafe & Coffee Shop
-
Grand Tradition Estate & Gardens Wedding Service
-
The Grand Tradition Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$435k
CAP Approach
CAP
$645k
Comparable Approach
Comparable
$773k
Blend (final)
Blend
$620k
Owner & transaction history
Grand Tradition · 10 yrs held
Grand Tradition
since 2016
7 recorded transactions
Zoning & alternative use
RESTRICTED COMMERCIAL · Fallbrook, 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 Fallbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallbrook 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
$435,000
CAP Approach
CAP Return
Estimation
6%
$700,000
6.5%
$645,000
7%
$600,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$855,000
Current use
RETAIL STORES
$695,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$620k
Range $558k – $682k · ±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
$205 / 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
$4,424
Tax year 2024
Assessed value
$402,914
Assessed 2024
Previous assessed
$402,914
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$346,128
Assessed improvement
$56,786
Applied tax rate
75.0000
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
Heating
NONE
Units
1
Total area
3,024 SF
Lot
2.5 ac (108,900 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
104-250-35-00
UPID
US09-9943464
Jurisdiction
SAN DIEGO
Zoning & alternative use
RESTRICTED COMMERCIAL · Fallbrook, CAZoning RESTRICTED COMMERCIAL · permitted uses
RESTRICTED COMMERCIAL · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$855,000
RETAIL STORES
Est. value
$695,000
WAREHOUSE, STORAGE Current
RETAIL STORES
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
Heating
NONE
Units
1
Lot
2.5 ac
Current owner
From public records · entity-resolved
Grand Tradition
Individual
Mailing address
220 GRAND TRADITION WAY, FALLBROOK, CA 92028-4107
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 22, 2016
—
Grand Tradition
Grand Tradition
Correction Deed
related
$1,732,000 · Pacific Commerce Bank
Dec 15, 2005
—
Grand Tradition
—
Deed Of Trust
related
$1,000,000 · Community National Bank
Jul 9, 2001
—
Grand Tradition
—
Deed Of Trust
related
$1,999,311 · Community National Bank
Jul 26, 2000
—
Grand Tradition
—
Grant Deed
related
$1,000,000 · Fallbrook National Bank
Sep 14, 1999
$225,000
Grand Tradition
Fallbrook Convalescent Hospita
Grant Deed
$125,000 · Fallbrook Convalescent Hospita
—
—
Grand Tradition
—
Loan Modification
related
$389,582 · C & H Ventures LLC
—
—
Grand Tradition
—
Loan Modification
related
$400,000 · C & H Ventures LLC
—
—
Grand Tradition
—
Deed Of Trust
related
$250,000 · 21 Holdings LLC
—
—
Grand Tradition
—
Deed Of Trust
related
$700,000 · Endeavor Bk
—
—
Grand Tradition
—
Deed Of Trust
related
$700,000 · Pacific Commerce Bk
—
—
Grand Tradition
—
Deed Of Trust
related
$250,000 · Trust A Of The Yock Tr (ct)
—
—
Grand Tradition
—
Deed Of Trust
related
$1,900,000 · Endeavor Bk
—
—
Grand Tradition
—
Deed Of Trust
related
$3,565,000 · Bank Of Southern California
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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