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Property profile & analytics
OFF-MARKET
Estimated value
$3,225,000
Warehouses
28710 Champagne Blvd 20 Escondido, CA 92026-6009
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9880724
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Total area
23,815 SF
Lot
1.1 ac (47,916 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
172-091-11-00
UPID
US09-9880724
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
-
Golf Country Mini Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.23M
Owner & transaction history
Gary Groenenberg · 1 yrs held
Gary Groenenberg
since 2024
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Escondido, 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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
$135 / 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
$19,681
Tax year 2024
Assessed value
$647,920
Assessed 2024
Previous assessed
$647,920
+0.0% YoY
Effective rate
3.04%
On assessed value
Assessed land
$293,823
Assessed improvement
$354,097
Applied tax rate
57.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Heating
NONE
Units
234
Total area
23,815 SF
Lot
1.1 ac (47,916 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
172-091-11-00
UPID
US09-9880724
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Escondido, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Escondido. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Units
234
Lot
1.1 ac
Current owner
From public records · entity-resolved
Gary Groenenberg
Individual
Free & Clear · 1 yrs held
Mailing address
373 HIGHLAND PL, ESCONDIDO, CA 92027-3709
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Mar 16, 2026
—
Mhc 313 Escondido Ca LLC
—
Deed
related
$220,000,000 · Blackstone Treasury Holdings I Torro LLC
Dec 19, 2024
—
Gary Groenenberg
Gary Groenenberg
Deed
related
—
Dec 19, 2024
$3,360,000
Mhc313 Escondido Ca LLC
Gary Groenenberg
Grant Deed
$100,000,000 · Citibank NA
Oct 19, 2023
—
Gary Groenenberg
Gary Groenenberg
Correction Deed
related
—
Dec 22, 2005
—
Groenenberg Gary & F Trust
Groenenberg,gary & Faylene
Quit Claim Deed
related
—
Jul 16, 1999
$435,000
Gary Groenenberg
Welk Group INC
Grant Deed
—
—
—
Groenenberg G & F Living Trust
—
Deed Of Trust
related
$900,000 · Suzanna E Boyd
—
—
Welk Group INC
—
Deed Of Trust
related
$3,900,000 · Gatx Realty Corp
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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