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Property profile & analytics
OFF-MARKET
Estimated value
$3,530,000
Grocery and convenience stores
2650 Del Mar Hts Rd Del Mar, CA 92014-3110
Entity Owned
13-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8670958
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1978
Total area
24,906 SF
Lot
2.24 ac (97,574 SF)
Zoning code
COMMERCIAL
APN
300-480-05-00
UPID
US09-8670958
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
-
Seasurf Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.53M
Owner & transaction history
San Diego Safe LLC · 13 yrs held
San Diego Safe LLC
since 2012
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Del Mar, 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 Del Mar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Del Mar 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$142 / 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
$86,736
Tax year 2024
Assessed value
$8,105,014
Assessed 2024
Previous assessed
$8,105,014
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$5,424,071
Assessed improvement
$2,680,943
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1978
Heating
NONE
Units
1
Total area
24,906 SF
Lot
2.24 ac (97,574 SF)
Zoning code
COMMERCIAL
APN
300-480-05-00
UPID
US09-8670958
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Del Mar, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Del Mar, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Units
1
Lot
2.24 ac
Current owner
From public records · entity-resolved
San Diego Safe LLC
Entity
Free & Clear · 13 yrs held
Mailing address
ALBERTSONS COMPANIES, DALLAS, TX 75380
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2012
—
San Diego Safe LLC
Kadish,lawrence
Grant Deed
—
Dec 24, 2009
$25,000
Lawrence Kadish
Lombard,richard JR
Grant Deed
—
Dec 24, 2009
$10,000
Lawrence Kadish
Conrad Donald G
Grant Deed
—
Dec 24, 2009
$20,000
Lawrence Kadish
Gedgaudas Eugene
Grant Deed
—
Aug 5, 2008
$1,500
Lawrence Kadish
Kleiner,robert & Jane
Grant Deed
—
Aug 5, 2008
$4,000
Lawrence Kadish
Ames,oakes & Dorothy C
Grant Deed
—
Aug 5, 2008
$3,000
Lawrence Kadish
Tobin,william J & Britt I
Grant Deed
—
Sep 18, 2003
$3,000
Lawrence Kadish
Huff,man Tr
Grant 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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