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Property profile & analytics
OFF-MARKET
Estimated value
$7,285,000
Retail space
235 Town Ctr Pkwy Santee, CA 92071-5811
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7100798
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Total area
25,731 SF
Lot
2.36 ac (102,801 SF)
Zoning code
COMMERCIAL
APN
381-041-15-00
UPID
US09-7100798
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
-
Dr. John Twichel Dental Office
-
James Yong-Hyun Baik Dental Office
-
GoPuff Distribution Center Logistics Company
-
Dr. Mona Adams Dental Office
-
Biodelics CBD (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.84M
CAP Approach
CAP
$6.22M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.29M
Owner & transaction history
Kathleen A Thorp Silva · 1 yrs held
Kathleen A Thorp Silva
since 2025
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Santee, 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 Santee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santee 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
$7,795,000
ML approach
$7,835,000
CAP Approach
CAP Return
Estimation
6%
$6,735,000
6.5%
$6,220,000
7%
$5,775,000
Blend value · Realmo final
$7.29M
Range $6.56M – $8.01M · ±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
$283 / 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
$83,628
Tax year 2024
Assessed value
$6,400,000
Assessed 2024
Previous assessed
$6,400,000
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$2,417,000
Assessed improvement
$3,983,000
Applied tax rate
16.0000
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
1991
Heating
NONE
Units
1
Total area
25,731 SF
Lot
2.36 ac (102,801 SF)
Zoning code
COMMERCIAL
APN
381-041-15-00
UPID
US09-7100798
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Santee, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Santee, 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
1991
Heating
NONE
Units
1
Lot
2.36 ac
Current owner
From public records · entity-resolved
Kathleen A Thorp Silva
Individual
Free & Clear · 1 yrs held
Mailing address
7710 BALBOA AVE STE #111, SAN DIEGO, CA 92111-2251
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
—
Kathleen A Thorp Silva
Kathleen A Thorp Silva
Deed
—
Mar 22, 2023
—
235 Town Center Parkway LLC
Damian Rogers
Quit Claim Deed
related
—
Mar 10, 2023
—
235 Town Center Parkway LLC
James Elliott Krensen Rogers
Quit Claim Deed
related
—
Jan 25, 2023
—
235 Town Center Parkway LLC
Rogers Family Partnership LP
Quit Claim Deed
related
—
Aug 29, 2014
—
Thomas C Bauer
Bauer,margaret R
Quit Claim Deed
related
—
Jul 1, 2008
—
Rogers Family Trust
Rogers,william F III
Quit Claim Deed
related
—
May 29, 2008
—
Rogers John F Trust
Rogers,john F
Quit Claim Deed
related
—
May 5, 2008
—
Bauer Family Trust
Bauer,thomas C & Margaret A
Quit Claim Deed
related
—
Sep 26, 2006
—
William F Rogers III
Neiser,gloria R
Affidavit Of Death
related
—
Sep 14, 2005
$7,500,000
Rogers Family Ptshp
Coseo,christopher J
Grant Deed
—
May 10, 2004
—
Christopher J Coseo
Coseo,brenda M
Quit Claim Deed
related
—
Sep 9, 2003
$42,500
Christopher J Coseo
Karno,norton S
Grant Deed
—
Oct 31, 2001
—
Norton S Karno
Santee Acquisition LP
Grant Deed
$6,500,000 · Us Bank NA
Jan 6, 1994
$7,700,000
Acquisition LP Santee
First City Sante
Trustees Deed
related
—
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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