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Property profile & analytics
OFF-MARKET
Retail space
2900 Bancroft Dr Spring Valley, CA 91977-2601
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7035196
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2019
Total area
3,577 SF
Lot
0.39 ac (16,874 SF)
Zoning code
COMMERCIAL
APN
503-273-77-00
UPID
US09-7035196
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Steven Henderson · 4 yrs held
Steven Henderson
since 2021
Last sale
$288,500
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Spring Valley, 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 Spring Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Valley 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
$11,659
Tax year 2024
Assessed value
$854,774
Assessed 2024
Previous assessed
$854,774
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$366,924
Assessed improvement
$487,850
Applied tax rate
83.0000
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
2019
Heating
NONE
Units
1
Total area
3,577 SF
Lot
0.39 ac (16,874 SF)
Zoning code
COMMERCIAL
APN
503-273-77-00
UPID
US09-7035196
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Spring Valley, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Spring Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Heating
NONE
Units
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Steven Henderson
Individual
Free & Clear · 4 yrs held
Mailing address
8012 WONDER LN, EL CAJON, CA 92021-1522
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 28, 2021
—
Steven Henderson
Steven Henderson
Intrafamily Transfer
related
—
Dec 18, 2020
—
Henderson Family Living Trust
Mark Henderson
Quit Claim Deed
related
—
Nov 26, 2014
—
Steven Henderson
Henderson,stacy
Quit Claim Deed
related
—
Nov 26, 2014
$288,500
Mark Henderson
Road Island Investment LLC
Grant Deed
$279,700 · First Choice Bank
Oct 21, 2010
$145,000
Road Island Investments LLC
Perry,david I
Grant Deed
—
Sep 22, 2006
$530,000
David I Perry
Gary L Johnson
Grant Deed
$219,000 · Cdc Small Business Finance Corp
Sep 22, 2006
—
Gary L Johnson
Chula Vista Auto Sales INC
Grant Deed
—
—
—
Chula Vista Auto Sales INC
—
Deed Of Trust
related
$150,000 · Capital One Fsb
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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