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Property profile & analytics
OFF-MARKET
Estimated value
$2,700,000
Turn key restaurants
275 Town Ctr Pkwy Santee, CA 92071-5804
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7100781
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Total area
10,800 SF
Lot
1.38 ac (60,112 SF)
Zoning code
COMMERCIAL
APN
381-041-37-00
UPID
US09-7100781
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.70M
Owner & transaction history
Kathleen A Thorp Silva · 1 yrs held
Kathleen A Thorp Silva
since 2025
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Santee, 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 Santee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santee 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
$2,045,000
ML approach
$2,385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.70M
Range $2.43M – $2.97M · ±10%
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
$250 / 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
$50,944
Tax year 2024
Assessed value
$3,876,000
Assessed 2024
Previous assessed
$3,876,000
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$2,193,000
Assessed improvement
$1,683,000
Applied tax rate
16.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1995
Heating
NONE
Units
1
Total area
10,800 SF
Lot
1.38 ac (60,112 SF)
Zoning code
COMMERCIAL
APN
381-041-37-00
UPID
US09-7100781
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Santee, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Santee, 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
1995
Heating
NONE
Units
1
Lot
1.38 ac
Current owner
From public records · entity-resolved
Kathleen A Thorp Silva
Individual
Free & Clear · 1 yrs held
Mailing address
5360 JACKSON DR STE #216, LA MESA, CA 91942-6004
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2025
—
Kathleen A Thorp Silva
Kathleen A Thorp Silva
Deed
—
Nov 30, 2022
$3,800,000
500 N Magnolia Avenue LLC
Bitterlin Companies INC
Grant Deed
—
Nov 30, 2022
—
Cec Entertainment LLC
500 N Magnolia Avenue LLC
Lease
—
Nov 30, 2017
—
White,byron F 2001 Trust
White,gail A
Quit Claim Deed
related
—
Oct 1, 2004
—
Byron F White
White,gail A
Quit Claim Deed
related
—
Aug 3, 2004
—
White,tr
Karno,norton S
Grant Deed
related
—
May 10, 2004
—
Christopher J Coseo
Coseo,brenda M
Quit Claim Deed
related
—
Sep 9, 2003
$42,500
Christopher J Coseo
Karno,norton S
Grant Deed
—
Dec 16, 2002
$978,000
Fp1-7 LLC
Hometown Buffet INC
Grant Deed
—
Oct 31, 2001
—
Norton S Karno
Santee Acquisition LP
Grant Deed
$6,500,000 · Us Bank NA
Jan 6, 1994
$7,700,000
Acquisition LP Santee
First City Sante
Trustees 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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