Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,075,000
Retail space
2294 Winter Hvn Ln Fallbrook, CA 92028-9036
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7088966
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Total area
2,140 SF
Lot
6.27 ac (273,121 SF)
Zoning code
AGRICULTURAL
APN
107-091-04-00
UPID
US09-7088966
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
$1.08M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$742k
Blend (final)
Blend
$1.08M
Owner & transaction history
Devil Mountain Wholesale Nursery Ll · 2 yrs held
Devil Mountain Wholesale Nursery Ll
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
AGRICULTURAL · Fallbrook, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.0M
+107.2%
Auto repair, garage
$815,000
+66.6%
Office building
$770,000
+57.4%
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 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
$1,075,000
ML approach
$1,075,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,015,000
Change: +107% · Conversion: Difficult
AUTO REPAIR, GARAGE
$815,000
Change: +67% · Conversion: Difficult
OFFICE BUILDING
$770,000
Change: +57% · Conversion: Easy
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10% · vs last sale $1.07M (May 3 2024)
Last sale anchor
$1.07M
May 3 2024
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
$502 / 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
$19,667
Tax year 2024
Assessed value
$1,815,498
Assessed 2024
Previous assessed
$1,815,498
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,258,884
Assessed improvement
$556,614
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Heating
NONE
Units
1
Total area
2,140 SF
Lot
6.27 ac (273,121 SF)
Zoning code
AGRICULTURAL
APN
107-091-04-00
UPID
US09-7088966
Jurisdiction
SAN DIEGO
Zoning & alternative use
AGRICULTURAL · Fallbrook, CA
Zoning AGRICULTURAL · permitted uses
AGRICULTURAL · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallbrook. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$815,000
OFFICE BUILDING
Est. value
$770,000
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
6.27 ac
Current owner
From public records · entity-resolved
Devil Mountain Wholesale Nursery Ll
Individual
Free & Clear · 2 yrs held
Mailing address
12657 ALCOSTA BLVD STE #180, SAN RAMON, CA 94583-4433
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
—
Devil Mountain Wholesale Nursery Ll
Devil Mountain Holdings LLC
Lease
—
May 3, 2024
$1,074,500
Devil Mountain Holdings LLC
Devil Mountain Wholesale Nursery Ll
Grant Deed
—
Feb 12, 2018
—
Metz Properties LLC
Metz Rainer & Donna Trust
Quit Claim Deed
related
—
Feb 10, 2017
—
Metz,rainer & Donna Family Trust
Dm Color Express INC
Quit Claim Deed
related
—
Aug 12, 2010
$1,410,000
Dm Color Express INC
Realnor Properties INC
Quit Claim Deed
related
—
Jul 30, 2010
$4,737,659
Realnor Properties INC
First American Title Ins
Trustees Deed
related
—
Jul 19, 2006
—
Genesis Growers Acquisition INC
Genesis Growers LLC
Grant Deed
—
Jul 30, 1997
$610,000
Genesis Growers LLC
S B Nickerson Nursery INC
Grant Deed
$560,000 · Doelz Nurseries INC
—
—
S B Nickerson Nursery INC
—
Deed Of Trust
related
$240,000 · Fallbrook National Bank
—
—
S B Nickerson Nursery INC
—
Deed Of Trust
related
$150,000 · Fallbrook 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.
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 2294 Winter Hvn Ln?
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.
