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Property profile & analytics
OFF-MARKET
Estimated value
$3,820,000
Warehouses
3740 Main St, Chula Vista, CA 91911-5835
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8125268
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Total area
19,117 SF
Lot
1.15 ac (50,094 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
623-230-28-00
UPID
US09-8125268
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
-
GE Monogram Expert Home Appliance Store Hardware & Home Improvement
-
Mexam Enterprises Inc Big Box & Wholesale Store
-
Collision Parts Warehouse Auto Parts Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.11M
CAP Approach
CAP
$3.63M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.82M
Owner & transaction history
Mexam Investment LLC · 5 yrs held
Mexam Investment LLC
since 2020
Last sale
$3.5M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Chula Vista, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.4M
+13.3%
Office building
$5.4M
+13.1%
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 Chula Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chula Vista 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
$5,265,000
ML approach
$5,110,000
CAP Approach
CAP Return
Estimation
6%
$3,935,000
6.5%
$3,630,000
7%
$3,375,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,740,000
Current use
RETAIL STORES
$5,370,000
Change: +13% · Conversion: Moderate
OFFICE BUILDING
$5,360,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$3.82M
Range $3.44M – $4.20M · ±10% · vs last sale $3.50M (Nov 25 2020)
Last sale anchor
$3.50M
Nov 25 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
$200 / 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
$44,328
Tax year 2024
Assessed value
$3,714,228
Assessed 2024
Previous assessed
$3,714,228
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,122,416
Assessed improvement
$1,591,812
Applied tax rate
1.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Heating
NONE
Units
1
Total area
19,117 SF
Lot
1.15 ac (50,094 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
623-230-28-00
UPID
US09-8125268
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Chula Vista, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Chula Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chula Vista. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.7M
RETAIL STORES
Est. value
$5.4M
OFFICE BUILDING
Est. value
$5.4M
WAREHOUSE, STORAGE Current
RETAIL STORES
OFFICE BUILDING
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
1993
Heating
NONE
Units
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Mexam Investment LLC
Entity
Mailing address
6297 HANNON CT, SAN DIEGO, CA 92117-3327
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2020
—
Mexam Investment LLC
—
Deed
related
$1,447,000 · Cdc Small Business Finance Corp
Nov 25, 2020
$3,500,000
Mexam Investment LLC
Dlareme INC
Grant Deed
$1,758,679 · First Bank
Sep 10, 2018
$2,856,000
Dlareme INC
Iraj Ghezeli
Grant Deed
$2,142,000 · Wells Fargo Bank NA
Mar 24, 2011
—
Ghezeli Iraj Trust
Ghezeli,iraj
Quit Claim Deed
related
—
Jul 30, 1991
$500,000
Iraj Ghezeli
Srpingstead Trus
Grant Deed
$828,000 · Bank Of Commerce
—
—
Iraj Ghezell
—
Deed Of Trust
related
$775,000 · Bank Of America
—
—
Iraj Ghezeli
—
Deed Of Trust
related
$595,000 · Wells Fargo Bank
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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