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Property profile & analytics
OFF-MARKET
Estimated value
$1,045,000
Retail space
2291 Main St Ramona, CA 92065-2529
Entity Owned
24-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9898474
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
8,268 SF
Lot
0.71 ac (30,927 SF)
Zoning code
COMMERCIAL
APN
282-192-34-00
UPID
US09-9898474
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
-
Cozy Cubs Daycare Daycare Center
-
Black Widow Diesel Auto Repair Shop
-
Mckeen Motor Car Company Historical Society Rail Museum
-
Wrench Rebels Department Store
-
Wrench Wrebels Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.05M
Owner & transaction history
Progressive Properties INC · 24 yrs held
Progressive Properties INC
since 2002
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Ramona, 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 Ramona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ramona 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
$1.05M
Range $941k – $1.15M · ±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
$126 / 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
$10,381
Tax year 2024
Assessed value
$877,941
Assessed 2024
Previous assessed
$877,941
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$281,473
Assessed improvement
$596,468
Applied tax rate
65.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Units
2
Total area
8,268 SF
Lot
0.71 ac (30,927 SF)
Zoning code
COMMERCIAL
APN
282-192-34-00
UPID
US09-9898474
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Ramona, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Ramona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ramona. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
2
Lot
0.71 ac
Current owner
From public records · entity-resolved
Progressive Properties INC
Entity
Mailing address
850 MAIN ST STE #200, RAMONA, CA 92065-1968
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
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
May 10, 2002
—
Progressive Properties INC
Day,o
Grant Deed
related
—
Jun 2, 1998
—
Orrin C Day
—
Grant Deed
related
$480,000 · International City Bank
Mar 19, 1998
$31,000
Orrin C Day
Day Co Bldg & Remodeling Corp
Grant Deed
related
—
Sep 10, 1996
$140,000
Day Company Building & Remodel
Danny B Mckay Trustee
Grant Deed
$124,500 · Seller
Jun 15, 1995
$111,000
Danny B Mckay Trustee
Acheson,vaun D & Billie R
Grant Deed
—
May 26, 1995
$225,000
Vaun D Acheson
Espinoza,joseph R & Deborah A
Grant Deed
—
Apr 16, 1993
$250,000
Joseph R Espinoza
Acheson Trust
Grant Deed
$225,000 · Acheson Trust
—
—
Orrin C Day
—
Deed Of Trust
related
$700,000 · Chino Commercial Bank NA
—
—
Orrin C Day
—
Deed Of Trust
related
$800,000 · Chino Commercial Bank NA
—
—
Orrin C Day
—
Deed Of Trust
related
$100,000 · International City Bank
—
—
Orrin C Day
—
Deed Of Trust
related
$27,000 · International City 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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