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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Retail space
245 Main St El Cajon, CA 92020-3911
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9031043
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
10,147 SF
Lot
0.16 ac (6,923 SF)
Zoning code
COMMERCIAL
APN
488-211-04-00
UPID
US09-9031043
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
-
Audiocare Inc Marketing & Advertising Advertising Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.55M
CAP Approach
CAP
$1.89M
Comparable Approach
Comparable
$1.66M
Blend (final)
Blend
$2.55M
Owner & transaction history
Syrian Investments LLC · 1 yrs held
Syrian Investments LLC
since 2024
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.7M
+25.9%
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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
$2,550,000
ML approach
$2,550,000
CAP Approach
CAP Return
Estimation
6%
$2,040,000
6.5%
$1,885,000
7%
$1,750,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,905,000
Current use
OFFICE BUILDING
$3,660,000
Change: +26% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,865,000
Change: -1% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,800,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$2.55M
Range $2.30M – $2.81M · ±10% · vs last sale $2.55M (Sep 26 2024)
Last sale anchor
$2.55M
Sep 26 2024
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
$251 / 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
$16,853
Tax year 2024
Assessed value
$1,152,540
Assessed 2024
Previous assessed
$1,152,540
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$192,285
Assessed improvement
$960,255
Applied tax rate
3.0000
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
2007
Heating
NONE
Units
1
Total area
10,147 SF
Lot
0.16 ac (6,923 SF)
Zoning code
COMMERCIAL
APN
488-211-04-00
UPID
US09-9031043
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.9M
OFFICE BUILDING
Est. value
$3.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
WAREHOUSE, STORAGE
Est. value
$2.8M
RETAIL STORES Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
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
2007
Heating
NONE
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Syrian Investments LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2360 DEHESA RD, EL CAJON, CA 92019-2726
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Dec 18, 2025
—
Syrian Investments LLC
—
Deed
related
$1,000,000 · The Yousif Family Trust
Sep 26, 2024
$2,550,000
Syrian Investments LLC
Ronald L Bain
Grant Deed
—
Mar 24, 2016
—
Bain,ronald L Trust
Bain,ronald L
Quit Claim Deed
related
—
Jul 19, 2013
$959,000
Ronald L Bain
Home Bk Of Ca
Grant Deed
$719,250 · California Bank & Trust
Mar 1, 2011
$1,079,047
Home Bk Of Ca
Accelerated Foreclosures
Trustees Deed
related
—
Dec 5, 2005
—
Santo Di Grigoli
Santo Di Grigoli
Intrafamily Transfer
related
$900,000 · Bloomfield Trust
Mar 2, 2005
$85,000
Santo Digrigoli
El Cajon Redevelopment Agency
Grant Deed
—
—
—
Santo Digrigoli
—
Deed Of Trust
related
$329,000 · Kenn Properties LLC
—
—
Santo Digrigoli
—
Deed Of Trust
related
$1,062,000 · Home Bank Of California
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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