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Property profile & analytics
OFF-MARKET
Estimated value
$6,590,000
Strip malls
2842 Main St 58 San Diego, CA 92113-3729
Entity Owned
23-yr Hold
~
Est. High Equity
Property ID
US09-7230681
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Total area
22,518 SF
Lot
0.72 ac (31,363 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
550-231-37-00
UPID
US09-7230681
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
-
Main Street Smoke And Vape (Bike/Boat/Book/etc) Store
-
Vapeopolis Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.59M
Owner & transaction history
Hvs LP · 23 yrs held
Hvs LP
since 2003
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Diego, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$293 / 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
$52,600
Tax year 2024
Assessed value
$4,279,507
Assessed 2024
Previous assessed
$4,279,507
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,462,532
Assessed improvement
$2,816,975
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1987
Heating
NONE
Units
20
Total area
22,518 SF
Lot
0.72 ac (31,363 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
550-231-37-00
UPID
US09-7230681
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.
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Units
20
Lot
0.72 ac
Current owner
From public records · entity-resolved
Hvs LP
Entity
Mailing address
PO BOX 81384, SAN DIEGO, CA 92138-1384
Ownership since
2003
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
Dec 11, 2023
—
Hvs LP
—
Deed
related
$2,277,000 · Mission FCU
May 1, 2003
—
Hvs LP
Burni,tr
Grant Deed
related
$2,325,000 · Mission FCU
Feb 25, 2000
$1,600,000
Ralph A Burni Trustee
Harbor Village Square
Grant Deed
$1,015,000 · San Diego National Bank
May 10, 1996
$1,200,000
Harbor Village Square LP
American Savings Bank
Grant Deed
$960,000 · American Savings Bank
Dec 28, 1994
$2,520,000
Harbor Village LLC
Arc San Diego Foundation
Grant Deed
$552,689 · Seller
Oct 15, 1990
$1,206,000
Kurtin Propertie
Mehta Rashmi
Trustees Deed
—
Oct 15, 1990
$2,900,000
Gerber Trust
Kurtin Propertie
Trustees Deed
$350,000 · Individual
—
—
Ashok Israni
—
Deed Of Trust
related
$500,000 · Grossmont 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.
Try Rey
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