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Property profile & analytics
OFF-MARKET
Retail space
2302 Carmel Vly Rd Del Mar, CA 92014-3705
Individually Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7351350
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Total area
2,400 SF
Lot
0.14 ac (5,977 SF)
Zoning code
COMMERCIAL
APN
301-091-34-00
UPID
US09-7351350
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
-
Carmel Valley Spirits (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Carmel Valley Sbs Prop Hldgs · 14 yrs held
Carmel Valley Sbs Prop Hldgs
since 2012
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Del Mar, 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 Del Mar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Del Mar 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$11,622
Tax year 2024
Assessed value
$1,046,703
Assessed 2024
Previous assessed
$1,046,703
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$738,852
Assessed improvement
$307,851
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Heating
NONE
Units
1
Total area
2,400 SF
Lot
0.14 ac (5,977 SF)
Zoning code
COMMERCIAL
APN
301-091-34-00
UPID
US09-7351350
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Del Mar, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Del Mar, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Carmel Valley Sbs Prop Hldgs
Individual
Mailing address
1145 S 28TH ST, SAN DIEGO, CA 92113-3703
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2020
—
Carmel Valley Sbs Property Holdings
—
Deed
related
$1,250,000 · Community Valley Bank
Mar 14, 2012
$1,350,000
Carmel Valley Sbs Prop Hldgs
Carmel Valley Properties LLC
Grant Deed
$1,094,000 · Neighborhood National Bank
May 4, 2006
—
Carmel Valley Properties LLC
Ballo,younis
Quit Claim Deed
related
—
Sep 25, 2002
$770,000
Yonis Ballo
Circle K Stores INC
Grant Deed
—
Jan 8, 1998
$494,000
Circle K Stores INC
—
Grant Deed
related
—
—
—
Carmel Valley Sbs Prop Holding
—
Deed Of Trust
related
—
—
—
Younis Ballo
—
Deed Of Trust
related
$665,000 · Community First National Bank
—
—
Carmel Valley Properties LLC
—
Deed Of Trust
related
$650,000 · Bank Of The West
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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