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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Office Spaces
255 Elm St 6 Escondido, CA 92025-3431
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7429694
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1980
Total area
2,424 SF
Lot
1.12 ac (48,605 SF)
Zoning code
COMMERCIAL
APN
230-161-18-06
UPID
US09-7429694
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
-
Gabriel De Faria Physician
-
Palomar Chiropractic & Therapy Alternative Medicine Practice
-
Jose Veliz Physician
-
Shelby Peterson Physician
-
Patrick Omeara Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$955k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$1.34M
Blend (final)
Blend
$1.02M
Owner & transaction history
Hh Industries LLC · 1 yrs held
Hh Industries LLC
since 2025
Last sale
$1.0M
4 recorded transactions
Zoning & alternative use
COMMERCIAL · Escondido, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$925,000
+5.9%
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 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
$1,100,000
ML approach
$955,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$675,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$875,000
Current use
AUTO REPAIR, GARAGE
$925,000
Change: +6% · Conversion: Difficult
MEDICAL BUILDING
$735,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±10% · vs last sale $1.00M (Dec 1 2021)
Last sale anchor
$1.00M
Dec 1 2021
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
$419 / 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
$11,946
Tax year 2024
Assessed value
$1,043,751
Assessed 2024
Previous assessed
$1,043,751
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$468,180
Assessed improvement
$575,571
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1980
Heating
NONE
Units
1
Total area
2,424 SF
Lot
1.12 ac (48,605 SF)
Zoning code
COMMERCIAL
APN
230-161-18-06
UPID
US09-7429694
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Escondido, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Escondido. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$875,000
AUTO REPAIR, GARAGE
Est. value
$925,000
MEDICAL BUILDING
Est. value
$735,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1980
Heating
NONE
Units
1
Lot
1.12 ac
Current owner
From public records · entity-resolved
Hh Industries LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2283 CYN VW GLN, ESCONDIDO, CA 92026-5021
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2025
—
Hh Industries LLC
Hh Industries LLC
Deed
related
—
Dec 1, 2021
$1,003,500
Hh Industries LLC
Veliz Commercial Real Estate LLC
Grant Deed
$1,029,000 · First Citizens Bank & Trust Co
Feb 28, 2002
$382,500
North Elm Property LLC
Merton Suzuki Trustee
Grant Deed
$344,000 · City National Bank
—
—
Merton Suzuki
—
Deed Of Trust
related
$92,375 · Rancho Santa Maria
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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