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Property profile & analytics
OFF-MARKET
Estimated value
$1,860,000
Medical Office Space
264 Landis Ave Chula Vista, CA 91910-2627
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9468162
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1994
Total area
8,012 SF
Lot
0.14 ac (6,109 SF)
Zoning code
COMMERCIAL
APN
568-151-11-00
UPID
US09-9468162
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
-
SEI AUTOMATION Production Facility
-
FHC Landis dental Dental Office
-
Landis Avenue Family Counseling Center Medical Clinic
-
Landis Avenue Dental Clinic Dental Office
-
San Diego Concrete and Pavers Pros General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.56M
CAP Approach
CAP
$1.89M
Comparable Approach
Comparable
$1.82M
Blend (final)
Blend
$1.86M
Owner & transaction history
Family Health Centers Of San Dieg · 5 yrs held
Family Health Centers Of San Dieg
since 2020
Last sale
$1.9M
5 recorded transactions
Zoning & alternative use
COMMERCIAL · Chula 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 Chula Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chula 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
$2,600,000
ML approach
$2,560,000
CAP Approach
CAP Return
Estimation
6%
$2,050,000
6.5%
$1,890,000
7%
$1,755,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,060,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$3,030,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$1.86M
Range $1.67M – $2.05M · ±10% · vs last sale $1.86M (Oct 20 2020)
Last sale anchor
$1.86M
Oct 20 2020
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
$232 / 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
$25,788
Tax year 2024
Assessed value
$2,136,457
Assessed 2024
Previous assessed
$2,136,457
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$955,087
Assessed improvement
$1,181,370
Applied tax rate
1.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1994
Heating
NONE
Units
1
Total area
8,012 SF
Lot
0.14 ac (6,109 SF)
Zoning code
COMMERCIAL
APN
568-151-11-00
UPID
US09-9468162
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Chula Vista, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Chula Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chula Vista. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$3.1M
RETAIL STORES
Est. value
$3.0M
AUTO REPAIR, GARAGE
RETAIL STORES
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
1994
Heating
NONE
Units
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Family Health Centers Of San Dieg
Individual
Free & Clear · 5 yrs held
Mailing address
823 GTWY CTR WAY, SAN DIEGO, CA 92102-4541
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 20, 2020
$1,862,000
Family Health Centers Of San Dieg
Landis Property LLC
Grant Deed
—
Mar 19, 2019
—
Landis Property LLC
Pieknik,gisella
Quit Claim Deed
related
—
Aug 17, 2018
—
Gisella Pieknik
Pieknik Living Trust
Quit Claim Deed
related
—
Jan 29, 2009
—
Pieknik Trust
Pieknik Trust
Quit Claim Deed
related
—
Feb 9, 1995
—
Tadeusz Etal Pieknik
Pieknik,tadeusz & Jeanette D
Quit Claim Deed
related
—
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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