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Property profile & analytics
OFF-MARKET
Estimated value
$2,290,000
Retail space
3840 Via De La Valle Del Mar, CA 92014-4268
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US09-7415462
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2007
Total area
10,580 SF
Lot
2.02 ac (87,991 SF)
Zoning code
COMMERCIAL
APN
302-090-28-00
UPID
US09-7415462
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
-
San Diego Sports Association Charitable Organization Social Service Agency
-
Liquid Investments Inc Distribution Center Logistics Company
-
The Legacy Association / Organization
-
Legacy Health Strategies Physician
-
KB Capital Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.56M
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$2.29M
Owner & transaction history
Villa Paraiso LLC · 14 yrs held
Villa Paraiso LLC
since 2012
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Del Mar, 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 Del Mar submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Del Mar 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,770,000
6.5%
$2,555,000
7%
$2,375,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,815,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$2.29M
Range $2.06M – $2.52M · ±10%
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
$216 / 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
$77,970
Tax year 2024
Assessed value
$7,300,000
Assessed 2024
Previous assessed
$7,300,000
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$3,369,000
Assessed improvement
$3,931,000
Applied tax rate
8.0000
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
2007
Heating
NONE
Units
1
Total area
10,580 SF
Lot
2.02 ac (87,991 SF)
Zoning code
COMMERCIAL
APN
302-090-28-00
UPID
US09-7415462
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Del Mar, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Del Mar, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Del Mar. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$3.8M
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
2007
Heating
NONE
Units
1
Lot
2.02 ac
Current owner
From public records · entity-resolved
Villa Paraiso LLC
Entity
Mailing address
3840 VIA DE LA VALLE STE #300, DEL MAR, CA 92014-4268
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2012
—
Villa Paraiso LLC
Fowler Ron L Trust
Grant Deed
—
Jan 15, 2010
$7,200,000
Fowler Ron L Trust
Villa Paraiso LP
Grant Deed
—
Jun 7, 2006
—
Villa Paraiso LP
Gatlin Investments LP
Partnership Deed
$1,300,000 · Temecula Valley Bank NA
Mar 30, 2004
—
Investments LP Gatlin
Gatlin Development Co INC
Quit Claim Deed
related
—
Apr 22, 1988
$950,000
Title In Lawyers
Ddcc
Trustees Deed
—
—
—
Paraiso Villa
—
Deed Of Trust
related
$6,428,973 · Ing Bank Fsb
—
—
Paraiso Villa
—
Deed Of Trust
related
$6,525,000 · Ing Bank Fsb
—
—
Ddcc Assoc
—
Deed Of Trust
related
$50,000 · Torrey Pines 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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