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Property profile & analytics
OFF-MARKET
Estimated value
$10,960,000
Retail space
308 Cedros Ave 12 Solana Beach, CA 92075-1919
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9100481
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Total area
26,023 SF
Lot
0.42 ac (18,328 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
298-076-20-00
UPID
US09-9100481
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
$10.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.96M
Owner & transaction history
Fca Cedros LLC · 5 yrs held
Fca Cedros LLC
since 2020
Last sale
$10.9M
6 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Solana Beach, CA
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 Solana Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Solana Beach 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
$11,835,000
ML approach
$10,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$10.96M
Range $9.86M – $12.06M · ±10% · vs last sale $10.90M (Dec 24 2020)
Last sale anchor
$10.90M
Dec 24 2020
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
$421 / 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
$96,323
Tax year 2024
Assessed value
$8,596,314
Assessed 2024
Previous assessed
$8,596,314
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,865,261
Assessed improvement
$5,731,053
Applied tax rate
18.0000
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
1983
Heating
NONE
Units
1
Total area
26,023 SF
Lot
0.42 ac (18,328 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
298-076-20-00
UPID
US09-9100481
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Solana Beach, CAZoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Solana Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Chapter 1
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Fca Cedros LLC
Entity
Mailing address
674 VIA DE LA VALLE STE #310, SOLANA BEACH, CA 92075-3411
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Dec 24, 2020
$10,900,500
Fca Cedros LLC
Hensarlanjud LLC
Grant Deed
$9,180,060 · Copperpoint Mortgage LLC
Sep 16, 2013
—
Hensarlanjud LLC
Hensarlanjud LLC
Grant Deed
related
$3,000,000 · Jpmorgan Chase Bank NA
Dec 19, 2011
—
Hensarlanjud LLC
Davis Lana R Trust
Grant Deed
—
Mar 9, 2009
—
Davis Lana R Trust
Davis Trust
Quit Claim Deed
related
—
Aug 14, 2007
—
Davis Henry D & Sarah A Trust
Davis,henry D
Affidavit Of Death
related
$3,000,000 · Washington Mutual Fsb
Jul 24, 2007
—
Davis Henry D & Sarah A Trust
Bay City College Of Dental
Grant 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.
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