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Property profile

246 Cedros Ave 54 Solana Beach, CA 92075

OFF-MARKET
Retail space
Property ID
US09-9116463
3,963 SF 0.47 ac lot Built 2009
Last sale Oct 2018 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This free-standing, single-tenant triple-net restaurant property consists of two buildings totaling approximately 4,000 square feet situated on a 22,282-square-foot lot. The site provides on-site parking with 20 standard stalls, one ADA-compliant stall, three motorcycle stalls, and bicycle racks. The buildings were tenant-improved and include LEED Platinum certification. The property is located directly across from the Solana Beach Transit Center, adjacent to a large public parking lot.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$52k
Tax billed · 2024
Assessed value$4.37M
Assessed land$3.06M
Assessed improvement$1.31M
Effective rate1.19%

Value estimate

· Nov 2026
$1.02M
$914k – $1.12M
CAP approach$960k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$905/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$465 – $1,341
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
COMMERCIAL
JurisdictionSAN DIEGO

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.6
Smoke and Vape Shop9.3
Shoe Repair8.6

Location

246 Cedros Ave, Unit 54 Solana Beach, CA 92075-1254
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
141 Acacia, Solana Beach, CA 92075-1103 $2,795,000 Jan 2024 2,085 SF
535 Hwy 101, Solana Beach, CA 92075-1174 $5,000,000 Feb 2023 5,000 SF
527 Hwy 101, Solana Beach, CA 92075-1173 $7,000,000 Dec 2022 3,162 SF
321 Hwy 101st, Solana Beach, CA 92075-1130 $810,000 Oct 2022 4,698 SF
405 Hwy 101st, Solana Beach, CA 92075-2289 $8,000,000 Jun 2022 8,502 SF
123 Plz, Solana Beach, CA 92075-1123 $950,000 Oct 2021 1,750 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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