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Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Auto shops
2608 Shelter Is Dr San Diego, CA 92106-3100
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7264435
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Total area
6,225 SF
Lot
0.68 ac (29,620 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
760-003-18-00
UPID
US09-7264435
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
-
Marks Marine Electric General Contractor
-
HC Supply llc Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
ShoreSight Marine Windows Hardware & Home Improvement Interior Design
-
Jake glerup woodwork General Contractor
-
Aqua Force Diving Service, LLC. (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.06M
Blend (final)
Blend
$1.62M
Owner & transaction history
Olde Boat Yard LLC · 3 yrs held
Olde Boat Yard LLC
since 2022
Last sale
$1.8M
3 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.6M
+9.5%
Industrial (general)
$2.5M
+4.3%
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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
$1,475,000
ML approach
$1,490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,400,000
Current use
OFFICE BUILDING
$2,625,000
Change: +10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,500,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.62M
Range $1.46M – $1.78M · ±10% · vs last sale $1.76M (Nov 28 2022)
Last sale anchor
$1.76M
Nov 28 2022
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
$260 / 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
$27,447
Tax year 2024
Assessed value
$2,235,000
Assessed 2024
Previous assessed
$2,235,000
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$480,000
Assessed improvement
$1,755,000
Applied tax rate
8.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Heating
NONE
Units
1
Total area
6,225 SF
Lot
0.68 ac (29,620 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
760-003-18-00
UPID
US09-7264435
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.6M
INDUSTRIAL (GENERAL)
Est. value
$2.5M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
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
Heating
NONE
Units
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Olde Boat Yard LLC
Entity
Mailing address
2330 SHELTER IS DR STE #105, SAN DIEGO, CA 92106-3127
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2022
$1,755,000
Olde Boat Yard LLC
Eichenlaub Marine INC
Grant Deed
—
Dec 30, 2008
—
Carl M Eichenlaub JR.
Eichenlaub,jean
Quit Claim Deed
$644,225 · Regents Bank
—
—
Eichenlaub Marine INC
—
Deed Of Trust
related
$850,000 · Regents 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.
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