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Property profile & analytics
OFF-MARKET
Estimated value
$2,935,000
Commercial land
342 El Cajon Blvd El Cajon, CA 92020
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6822914
Property summary
AI-generated overview
This exceptional retail property, located at 342-360 El Cajon Blvd in El Cajon, California (zip code 92020), offers 41,253 square feet of commercial space. The property boasts a prime location on El Cajon Boulevard and S. Johnson Avenue, a high-traffic area with approximately 14,300 cars passing daily, ensuring excellent visibility and frontage for any business. Its C-G zoning permits a variety of commercial uses. The property's strategic positioning provides easy access to Interstate 8, facilitating convenient ingress and egress. Furthermore, its proximity to numerous amenities, including the Main Street Shopping Center (featuring Starbucks, Panda Express, 24 Hour Fitness, and Ross Dress for Less), a United States Post Office, and public transportation (El Cajon Trolley), enhances its appeal and convenience. The nearby Health and Wellness Center adds to the property's overall desirability. The APN numbers are 487-321-01-00, 487-321-24-00, 487-321-25-00, and 487-321-26-00. This property presents a compelling development opportunity due to its blend of accessibility, visibility, and convenient location within a thriving community.
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.23 ac (10,116 SF)
Zoning code
COMMERCIAL
APN
487-321-24-00
UPID
US09-6822914
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
$2.94M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.94M
Owner & transaction history
670 El Cajon Enterprises LLC · 2 yrs held
670 El Cajon Enterprises LLC
since 2023
Last sale
$2.9M
2 recorded transactions
Zoning & alternative use
COMMERCIAL · El Cajon, 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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
$3,130,000
ML approach
$2,935,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.94M
Range $2.64M – $3.23M · ±10% · vs last sale $2.93M (Oct 11 2023)
Last sale anchor
$2.93M
Oct 11 2023
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
—
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
$8,804
Tax year 2024
Assessed value
$730,000
Assessed 2024
Previous assessed
$730,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$730,000
Applied tax rate
3.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.23 ac (10,116 SF)
Zoning code
COMMERCIAL
APN
487-321-24-00
UPID
US09-6822914
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.23 ac
Current owner
From public records · entity-resolved
670 El Cajon Enterprises LLC
Entity
Free & Clear · 2 yrs held
Mailing address
17812 OLD WINERY WAY, POWAY, CA 92064-1060
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 2023
$2,933,500
670 El Cajon Enterprises LLC
Victoria A Eriqat
Grant Deed
—
Jun 11, 2007
—
Albert K Eriqat
Eriqat Ents
Quit Claim Deed
related
—
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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