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Property profile & analytics
OFF-MARKET
Estimated value
$5,860,000
Turn key restaurants
2222 Coronado Ave San Diego, CA 92154-2031
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-8548158
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2017
Total area
4,781 SF
Lot
1.15 ac (50,094 SF)
Zoning code
COMMERCIAL
APN
628-110-18-00
UPID
US09-8548158
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 Burger Den Restaurant Take-out & Catering
-
The Meltdown Restaurant
-
Denny's Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.44M
Blend (final)
Blend
$5.86M
Owner & transaction history
Ps Ep 25 LLC
Ps Ep 25 LLC
since 2026
Last sale
$6.1M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.6M
+102.5%
Neighborhood: shopping center
$4.9M
+15.4%
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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
Alternative Use
Use
Estimation
RESTAURANT
$4,230,000
Current use
COMMERCIAL (GENERAL)
$8,570,000
Change: +102% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,885,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$5.86M
Range $5.27M – $6.45M · ±10% · vs last sale $6.07M (Feb 3 2026)
Last sale anchor
$6.07M
Feb 3 2026
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
$1,226 / 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
$49,952
Tax year 2024
Assessed value
$4,291,397
Assessed 2024
Previous assessed
$4,291,397
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,673,897
Assessed improvement
$1,617,500
Applied tax rate
8.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2017
Heating
NONE
Units
1
Total area
4,781 SF
Lot
1.15 ac (50,094 SF)
Zoning code
COMMERCIAL
APN
628-110-18-00
UPID
US09-8548158
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$4.2M
COMMERCIAL (GENERAL)
Est. value
$8.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
RESTAURANT Current
COMMERCIAL (GENERAL)
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
2017
Heating
NONE
Units
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Ps Ep 25 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
203 E MAIN ST, SPARTANBURG, SC 29319-0001
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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 3, 2026
$6,067,000
Ps Ep 25 LLC
Dennys INC
Grant Deed
—
Feb 3, 2026
$19,792,500
Dennys INC
Ps Ep 25 LLC
Deed
—
Mar 20, 2017
$2,350,000
Dennys INC
Morton Family Trust
Grant Deed
—
Aug 17, 2012
—
Morton Family Trust
Morton,thomas H & Jane S
Quit Claim Deed
related
—
Oct 19, 2010
—
Morton Sarah S 2010 Trust
Ridgway S Living 1999 Trust
Grant Deed
related
—
Dec 21, 2006
$238,000
Ridgway S 1999 Living Trust
Morton Family Trust
Grant Deed
—
Dec 16, 2003
—
Morton,tr
Morton,john P
Quit Claim Deed
related
—
Jul 28, 2003
$400,000
Morton,tr
Moncada,ramon E
Grant Deed
—
Apr 17, 2003
—
John P Morton
Nestor Medical Associates
Quit Claim Deed
related
—
—
—
Nestor Medical Associates
—
Deed Of Trust
related
$191,000 · Bank Of Commerce
—
—
Nestor Medical A
—
Deed Of Trust
related
$200,000 · Individual
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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