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Property profile & analytics
OFF-MARKET
Manufacturing properties
410 Cedros Ave 44 Solana Beach, CA 92075-1921
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-9121976
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1959
Total area
49,447 SF
Lot
0.9 ac (39,204 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
298-092-01-00
UPID
US09-9121976
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
-
Sawyer Design Associates Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
South Coast Mercantile LLC
South Coast Mercantile LLC
since 2026
Last sale
$24.0M
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$34,017
Tax year 2024
Assessed value
$2,211,231
Assessed 2024
Previous assessed
$2,211,231
+0.0% YoY
Effective rate
1.54%
On assessed value
Assessed land
$722,610
Assessed improvement
$1,488,621
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1959
Heating
NONE
Units
1
Total area
49,447 SF
Lot
0.9 ac (39,204 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
298-092-01-00
UPID
US09-9121976
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
1959
Heating
NONE
Units
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
South Coast Mercantile LLC
Entity
Mailing address
444 S CEDROS AVE STE #295, SOLANA BEACH, CA 92075-1972
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
$24,000,000
South Coast Mercantile LLC
South Cedros Associates LLC
Grant Deed
—
Aug 30, 2018
—
South Cedros Associates LLC
—
Deed
related
$9,000,000 · Miscellaneous Ins Co
Jul 13, 2016
—
South Cedros Associates LLC
—
Deed
related
$7,050,000 · Miscellaneous Ins Co
Nov 30, 2012
—
South Cedros Associates LLC
South Cedros Associates LLC
Quit Claim Deed
related
$5,000,000 · Miscellaneous Ins Co
Jan 3, 1992
$2,035,000
410 South Cedros
Baird Trust
Grant Deed
$1,526,250 · Seller
—
—
South Cedros Associates LLC
—
Deed Of Trust
related
$2,600,000 · Norwest Bank Minnesota
—
—
South Cedros Associates LLC
—
Loan Modification
related
$7,050,000 · Miscellaneous Ins Co
—
—
South Cedros Associates LLC
—
Deed Of Trust
related
$4,650,000 · Bank Of America
—
—
South Cedros Associates LLC
—
Loan Modification
related
$9,000,000 · Miscellaneous Ins Co
—
—
410 South Cedros Associates
—
Deed Of Trust
related
$1,800,000 · Highland Federal 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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