Property profile

31718 Grade Rd Pauma Valley, CA 92061

OFF-MARKET
Mobile home & RV parks
Property ID
US09-9834099
10.41 ac lot
Entity Owned 17-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 10.41-acre RV park and campground, nestled at the base of Mt. Palomar in Pauma Valley, CA (zip code 92061, address: 31718 S Grade Rd), presents a compelling value-add investment opportunity. Currently boasting 46 spaces, with 32 (approximately 70%) occupied by long-term tenants, this Class C multifamily property offers significant upside potential. Long-term rental rates are estimated to be approximately 30% below market value, presenting a clear path to increased profitability. The park features a diverse range of accommodations, including RV sites, cabins, and glamping tents. Existing amenities include a recently renovated pool with solar heating, a basketball court, and a store/office with a game room. An additional 15 acres of expansion land provides ample room for future growth and development. The large, currently underutilized, front area is currently used as a softball field. The property's strategic location near five casino resorts (Pala Resort & Casino, Pala Moto Speedway, Pauma Valley Casino, Harrah's Rincon Casinos, and Valley View Casino) and popular outdoor attractions such as Mt. Palomar and Lake Henshaw ensures consistent demand. This "city close/country quiet" location offers a unique blend of convenience and natural beauty. The asking price is $2,200,000, with a price per unit of $47,826.09.

Property profile

Verified
Property type Mobile home & RV parks
Use group MOBILE HOME PARK, TRAILER PARK
Lot 10.41 ac (453,459 SF)
Zoning code RESTRICTED COMMERCIAL
APN 135-180-41-00
UPID US09-9834099

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

31718 Grade Rd Pauma Valley, CA 92061-9702
Pauma Valley metro Census 19108 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2008
3 recorded transactions
2008
Price N/A
2007
$1.1M
2001
$132,000

Zoning & alternative use

RESTRICTED COMMERCIAL · Pauma Valley, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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