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Property profile & analytics
OFF-MARKET
Estimated value
$14,410,000
Retail space
2411 Boswell Rd Chula Vista, CA 91914-3519
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7014015
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Total area
60,328 SF
Lot
4.46 ac (194,277 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
595-231-24-00
UPID
US09-7014015
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
-
U.S. Customs and Border Protection - San Diego Border Patrol Sector Headquarters Federal Government Office Government Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.67M
Comparable Approach
Comparable
$11.36M
Blend (final)
Blend
$14.41M
Owner & transaction history
Chula Vista Ca I Fgf LLC · 7 yrs held
Chula Vista Ca I Fgf LLC
since 2019
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Chula Vista, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$23.0M
+13.6%
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 Chula Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chula Vista 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,805,000
6.5%
$13,665,000
7%
$12,690,000
Alternative Use
Use
Estimation
RETAIL STORES
$20,275,000
Current use
AUTO REPAIR, GARAGE
$23,030,000
Change: +14% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$16,330,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$14.41M
Range $12.97M – $15.85M · ±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
$239 / 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
$257,263
Tax year 2024
Assessed value
$22,091,649
Assessed 2024
Previous assessed
$22,091,649
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$9,842,814
Assessed improvement
$12,248,835
Applied tax rate
1.0000
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
1999
Heating
NONE
Units
1
Total area
60,328 SF
Lot
4.46 ac (194,277 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
595-231-24-00
UPID
US09-7014015
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Chula Vista, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Chula Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chula Vista. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$20.3M
AUTO REPAIR, GARAGE
Est. value
$23.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.3M
RETAIL STORES Current
AUTO REPAIR, GARAGE
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
1999
Heating
NONE
Units
1
Lot
4.46 ac
Current owner
From public records · entity-resolved
Chula Vista Ca I Fgf LLC
Entity
Mailing address
1 N WACKER DR STE #4025, CHICAGO, IL 60606-2844
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2019
$20,200,000
Chula Vista Ca I Fgf LLC
Egp Cbp Chula Vista LLC
Grant Deed
—
Feb 19, 2015
$15,426,000
Egp Cbp Chula Vista LLC
West Ins LLC
Grant Deed
—
Feb 1, 2013
—
West Ins LLC
—
Deed Of Trust
related
$19,594,584 · Us Bank NA
May 8, 2012
—
West Ins LLC
—
Deed Of Trust
related
$6,886,000 · Us Bank NA
Jun 4, 1998
$500,000
West INC LLC
Western Devon INC
Grant Deed
related
—
Sep 3, 1997
—
Western Devcon INC
Eastlake Company
Grant Deed
$5,100,000 · Key Bank NA
—
—
West Ins LLC
—
Deed Of Trust
related
$8,500,000 · Aries Capital INC
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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