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Property profile & analytics
OFF-MARKET
Retail space
278 Town Ctr Pkwy Santee, CA 92071-5800
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7100804
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Total area
12,732 SF
Lot
1.42 ac (61,855 SF)
Zoning code
COMMERCIAL
APN
381-041-33-00
UPID
US09-7100804
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
-
Christopher, Nerantzinis, MD Pediatrician Physician
-
Scripps Clinic Santee Medical Clinic
-
Joyce Ildesa, MD Pediatrician Physician
-
Goosehead Insurance - Shuneka Olayvar Insurance Agency
-
Alice Chang, DO Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Brixton Lomas LLC · 4 yrs held
Brixton Lomas LLC
since 2022
Last sale
$27.1M
4 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$48,832
Tax year 2024
Assessed value
$3,707,700
Assessed 2024
Previous assessed
$3,707,700
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,315,800
Assessed improvement
$2,391,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1994
Heating
NONE
Units
1
Total area
12,732 SF
Lot
1.42 ac (61,855 SF)
Zoning code
COMMERCIAL
APN
381-041-33-00
UPID
US09-7100804
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Santee, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Santee, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Heating
NONE
Units
1
Lot
1.42 ac
Current owner
From public records · entity-resolved
Brixton Lomas LLC
Entity
Mailing address
120 S SIERRA AVE, SOLANA BEACH, CA 92075-1873
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2022
$27,100,000
Brixton Lomas LLC
Union City Investments LLC
Grant Deed
$16,847,725 · Wells Fargo Bank NA
Apr 6, 2016
$27,270,000
Union Cty Invs
Pacific Castle Santee LP
Grant Deed
—
Jun 14, 2006
—
Pacific Castle Santee LP
Kimco Santee 705 INC
Grant Deed
$15,450,000 · Jpmorgan Chase Bank NA
Jun 6, 1995
$7,490,268
Whub Real Estate LP
Santee Town Center II LP
Trustees Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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