Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,775,000
Retail space
2330 Hwy 67 Ramona, CA 92065
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9918897
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Total area
11,700 SF
Lot
0.78 ac (33,976 SF)
Zoning code
COMMERCIAL
APN
282-203-03-00
UPID
US09-9918897
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
$2.82M
CAP Approach
CAP
$2.83M
Comparable Approach
Comparable
$3.63M
Blend (final)
Blend
$2.78M
Owner & transaction history
Olive Tree Investments LLC · 4 yrs held
Olive Tree Investments LLC
since 2021
Last sale
$2.7M
6 recorded transactions
Zoning & alternative use
COMMERCIAL · Ramona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.5M
+51.7%
Office building
$4.2M
+43.3%
Apartment house (5+ units)
$3.7M
+25.1%
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
$2,930,000
ML approach
$2,815,000
CAP Approach
CAP Return
Estimation
6%
$3,065,000
6.5%
$2,825,000
7%
$2,625,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,945,000
Current use
AUTO REPAIR, GARAGE
$4,465,000
Change: +52% · Conversion: Difficult
OFFICE BUILDING
$4,220,000
Change: +43% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$3,685,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$2.78M
Range $2.50M – $3.05M · ±10% · vs last sale $2.65M (Sep 30 2021)
Last sale anchor
$2.65M
Sep 30 2021
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
$237 / 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
$35,623
Tax year 2024
Assessed value
$2,757,060
Assessed 2024
Previous assessed
$2,757,060
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$832,320
Assessed improvement
$1,924,740
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
Year built
2000
Heating
NONE
Units
1
Total area
11,700 SF
Lot
0.78 ac (33,976 SF)
Zoning code
COMMERCIAL
APN
282-203-03-00
UPID
US09-9918897
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.7M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
2000
Heating
NONE
Units
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Olive Tree Investments LLC
Entity
Mailing address
4617 RUFFNER ST, SAN DIEGO, CA 92111-2285
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2021
$2,650,000
Olive Tree Investments LLC
Red Arrow Investments LLC
Grant Deed
$1,650,000 · Thrivent FCU
Feb 12, 2019
—
Red Arrow Investments LLC
—
Deed
related
$920,000 · Wells Fargo Bank NA
Jan 27, 2015
$1,600,000
Red Arrow Investments LLC
Downtown Renovations LLC
Grant Deed
$1,088,750 · North Island Financial Cu
May 21, 2007
—
Downtown Renovations LLC
William James Reedy
Grant Deed
$965,250 · 1st Pacific Bank Of California
Aug 8, 2001
—
William J Etal Reedy
Reedy,william J
Quit Claim Deed
related
—
—
—
Downtown Renovations LLC
—
Deed Of Trust
related
$954,831 · First Pacific Bank 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.
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 2330 Hwy 67?
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.
