Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,130,000
Medical Office Space
240 Hickory St Escondido, CA 92025-4355
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9339734
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1979
Total area
16,056 SF
Lot
0.69 ac (30,056 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
229-492-14-00
UPID
US09-9339734
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
-
Dental Perfection Michael T. Frickman D.D.S. Dental Office
-
Gary Dudar DDS Dental Office
-
Escondido Office Dental Office
-
Stevens Inc Big Box & Wholesale Store Building Supply
-
Colleen M. Marshall, MFT Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.58M
Blend (final)
Blend
$2.13M
Owner & transaction history
Tpa Vi LLC · 3 yrs held
Tpa Vi LLC
since 2023
Last sale
$2.0M
6 recorded transactions
Zoning & alternative use
RESTRICTED COMMERCIAL · Escondido, CA
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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
$2,120,000
ML approach
$2,390,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.13M
Range $1.92M – $2.34M · ±10% · vs last sale $2.00M (May 20 2020)
Last sale anchor
$2.00M
May 20 2020
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
$133 / 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
$24,517
Tax year 2024
Assessed value
$2,144,401
Assessed 2024
Previous assessed
$2,144,401
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,286,641
Assessed improvement
$857,760
Applied tax rate
4.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1979
Heating
NONE
Units
1
Total area
16,056 SF
Lot
0.69 ac (30,056 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
229-492-14-00
UPID
US09-9339734
Jurisdiction
SAN DIEGO
Zoning & alternative use
RESTRICTED COMMERCIAL · Escondido, CAZoning RESTRICTED COMMERCIAL · permitted uses
RESTRICTED COMMERCIAL · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | Escondido, CA
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Units
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Tpa Vi LLC
Entity
Mailing address
1650 HOTEL CIR N STE #110, SAN DIEGO, CA 92108-2817
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jun 23, 2023
—
Tpa Vi LLC
Escondido Investments LLC
Assignment Of Lease (leasehold Sale)
—
May 20, 2020
—
Bright Hill Investments LLC
Bright Hill Farming Co INC
Quit Claim Deed
—
May 20, 2020
$2,000,000
Escondido Investments LLC
Bright Hill Investments LLC
Grant Deed
$1,500,000 · Endeavor Bk
Jan 31, 2005
$2,167,500
Bright Hill Farming Co INC
Stoops Family
Grant Deed
$1,275,000 · Bank Of Orange County
Jan 16, 2002
$1,480,000
Stoops Family LP
Kye Counseling & Crisis Svc In
Grant Deed
—
Feb 22, 1999
$975,000
Counseling Eye
240 S Hickory Ltd
Grant Deed
$828,750 · San Diego 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 240 Hickory St?
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.
