Entity Owned Property summary
AI-generated overview
This ±80,257 square foot freestanding industrial building in San Marcos, California, is available for purchase at $20,786,563 ($259/sq ft). The single-story building sits on a 5.63-acre lot (APN 219-152-71) and features 294 parking spaces. Its convenient location on a signalized intersection offers excellent visibility and accessibility. The property is less than one mile from Interstate 78, providing easy access to I-5 and I-15. Its proximity to Grand Plaza Mall (4.3 million annual visitors), Palomar College, and California State University San Marcos (combined enrollment of approximately 45,000 students) ensures high traffic and a strong potential customer base. The C-zoned property allows for a wide range of commercial uses, including grocery stores, recreation facilities, daycare centers, entertainment venues, nurseries, fitness centers, and medical offices. The fee-simple ownership offers significant investment potential. This high-profile property presents a unique opportunity for a variety of commercial ventures in a thriving San Diego County location. The property is currently vacant.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1987
Total area
80,257 SF
Lot
5.63 ac (245,242 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
219-152-71-00
UPID
US09-6735258
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Factory Production Facility
-
Industrial Manufacturer Production Facility
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.08M
CAP Approach
CAP
$14.13M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.50M
Owner & transaction history
since 2025
Last sale
$16.2M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$14.50M
Value range
$13.05M – $15.95M
±10% around blend
Estimated value / SF
$181 / SF
Confidence
Low
3 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
30
$13.05M
blend $14.50M
$15.95M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
80,257 SF
Lot area
5.63 ac
Year built
1987
APN
219-152-71-00
Zoning
INDUSTRIAL (M ZONE)
Assessed value
$16,074,180
Annual tax
$177,943
3
Income approach: direct capitalization
Partial preview
Income approach indication
$14.13M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$15.31M
@ 6.5% CAP return
$14.13M
@ 7% CAP return
$13.12M
4
Sales comparison
Partial preview
Sales approach indication
$22.25M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.5 mi away · 68,791 SF
5.9 mi away · 62,080 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$14.50M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 33 sales
$266
-32%
Submarket 104 sales
$226
-20%
County 993 sales
$273
-34%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $181/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Implied cap rate
4.10%
Implied, in-place cap rate for this manufacturing properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.10%
9.0%
NOI (est.)
$1.13M *
Last sale · Oct 2024
$16.20M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$27.66M
Move the market yield to see immediate price impact.
Value / SF
$345
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.60%4.10%4.60%
$1.02M
$28.35M
$24.89M
$22.19M
$1.13M
$31.50M
$27.66M
$24.65M
$1.25M
$34.65M
$30.42M
$27.12M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$21.70M
3.1 mi · Apr 2026 · $309/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$177,943
Tax year 2024
Assessed value
$16,074,180
Assessed 2024
Previous assessed
$16,074,180
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$6,762,600
Assessed improvement
$9,311,580
Applied tax rate
13.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1987
Heating
NONE
Units
1
Total area
80,257 SF
Lot
5.63 ac (245,242 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
219-152-71-00
UPID
US09-6735258
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, CAZoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · San Marcos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Units
1
Lot
5.63 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
INDUSTRIAL (M ZONE)
Jurisdiction
San Marcos, CA
Recorded code
INDUSTRIAL (M ZONE)
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for INDUSTRIAL (M ZONE) in San Marcos, CA.
What opens after registration
Zoning profile
Official documentVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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