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Property profile & analytics
OFF-MARKET
Estimated value
$3,850,000
Automotive properties
2940 National City Blvd National City, CA 91950-7228
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-9565049
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2000
Total area
16,955 SF
Lot
1.39 ac (60,548 SF)
Zoning code
COMMERCIAL
APN
562-150-13-00
UPID
US09-9565049
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
-
NAPA Frank Auto Service Auto Repair Shop
-
Frank Motors Car Dealership
-
Frank Used Car Center Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.47M
Blend (final)
Blend
$3.85M
Owner & transaction history
Dalton California Properties Nc LLC · 2 yrs held
Dalton California Properties Nc LLC
since 2024
Last sale
$3.9M
6 recorded transactions
Zoning & alternative use
COMMERCIAL · National City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.1M
+79.7%
Industrial (general)
$4.6M
+35.8%
Apartment house (5+ units)
$4.3M
+27.1%
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 National City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs National City 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
$3,850,000
ML approach
$3,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$3,400,000
Current use
OFFICE BUILDING
$6,115,000
Change: +80% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$4,620,000
Change: +36% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,320,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$3.85M
Range $3.47M – $4.24M · ±10% · vs last sale $3.85M (Feb 1 2024)
Last sale anchor
$3.85M
Feb 1 2024
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
$227 / 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
$38,910
Tax year 2024
Assessed value
$3,009,048
Assessed 2024
Previous assessed
$3,009,048
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,158,706
Assessed improvement
$1,850,342
Applied tax rate
6.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2000
Heating
NONE
Units
1
Total area
16,955 SF
Lot
1.39 ac (60,548 SF)
Zoning code
COMMERCIAL
APN
562-150-13-00
UPID
US09-9565049
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · National City, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · National City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$3.4M
OFFICE BUILDING
Est. value
$6.1M
INDUSTRIAL (GENERAL)
Est. value
$4.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Units
1
Lot
1.39 ac
Current owner
From public records · entity-resolved
Dalton California Properties Nc LLC
Entity
Mailing address
2940 NATIONAL CITY BLVD, NATIONAL CITY, CA 91950-7228
Mailing matches property
Yes
Owner-occupied
Yes
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2024
$3,850,000
Dalton California Properties Nc LLC
Forcom 3 LLC
Grant Deed
—
Feb 28, 2022
—
James 2940 LLC
—
Deed
related
$2,131,953 · Endeavor Bank
Dec 30, 2021
—
James 2940 LLC
Gen3 Properties One LLC
Grant Deed
—
Sep 22, 2017
—
Gen3 Properties One LLC
—
Deed
related
$2,400,000 · Toyota Motor Credit
Apr 5, 2010
$2,400,000
Gen3 Properties One LLC
Westcott Motors INC
Grant Deed
$2,040,000 · Westcott Motors INC
—
—
Gen3 Properties One LLC
—
Deed Of Trust
related
$2,400,000 · Toyota Motor Credit
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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