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Property profile & analytics
FOR LEASE
Warehouses
2420 Grand Ave Vista, CA 92081
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-9665828
For Lease
1 / 2
$5,870,000
2420 Grand Ave, Vista, CA 92081
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Total area
36,802 SF
Lot
4.76 ac (207,345 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
217-252-03-00
UPID
US09-9665828
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
-
Misadventure & Co. Brewery & Distillery Bar & Pub
-
McFarland Construction, Inc. Construction Company General Contractor
-
Civil Engineering Design Group Structural Engineer Civil Engineer
-
Innovative Sign Systems (Bike/Boat/Book/etc) Store Printing Service
-
JP Electric Corp Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.87M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.87M
Owner & transaction history
Cbs Railroad LLC · 7 yrs held
Cbs Railroad LLC
since 2019
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Vista, 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 Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs 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%
$8,520,000
6.5%
$7,865,000
7%
$7,305,000
Blend value · Realmo final
$5.87M
Range $5.28M – $6.46M · ±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
$160 / 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
$103,446
Tax year 2024
Assessed value
$6,916,214
Assessed 2024
Previous assessed
$6,916,214
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$4,183,195
Assessed improvement
$2,733,019
Applied tax rate
12.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1989
Heating
NONE
Units
1
Total area
36,802 SF
Lot
4.76 ac (207,345 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
217-252-03-00
UPID
US09-9665828
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Vista, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vista. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Units
1
Lot
4.76 ac
Current owner
From public records · entity-resolved
Cbs Railroad LLC
Entity
Mailing address
2420 GRAND AVE, VISTA, CA 92081-7808
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 24, 2021
—
Cbs Railroad LLC
—
Deed
related
$3,750,000 · San Diego County Cu
May 28, 2019
—
Cbs Railroad LLC
Kurt Bruggeman
Grant Deed
$3,750,000 · San Diego County Cu
May 31, 2018
—
Kurt Bruggeman
Vaughan,pippi P
Quit Claim Deed
related
—
May 31, 2018
$6,200,000
Cbs Railrood LLC
American Properties I LLC
Grant Deed
—
May 15, 2014
$3,300,000
American Properties I LLC
Property Enterprises I LP
Grant Deed
$2,350,000 · Standard Guaranty Insurance Company
Dec 15, 2006
—
Ents I Property
Davidson,william V
Grant Deed
$4,731,000 · Pacific Western Bank
Apr 13, 1999
$2,750,000
William V Davidson
Glv Enterprises LLC
Grant Deed
—
Dec 30, 1997
$2,100,000
Glv Enterprises LLC
Mitsui Fudosan INC
Grant Deed
$1,616,000 · First National Bank
—
—
Ents I Property
—
Deed Of Trust
related
$3,969,002 · Pacific Western 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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