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Property profile & analytics
OFF-MARKET
Office buildings
423 2nd St 2 Calexico, CA 92231-2846
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-8334508
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2010
Construction
WOOD
Total area
1,920 SF
Lot
0.16 ac (7,000 SF)
APN
058-486-007-000
UPID
US09-8334508
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
-
El Bodegon Calexico Wireless Retailer Mobile Phone Store Electronics & Wireless Store
-
Imperial Clinica Physician
-
MAN CONG DUONG Physician
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
Man C Duong · 5 yrs held
Man C Duong
since 2020
Last sale
$395,000
7 recorded transactions
Zoning & alternative use
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 Calexico submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Calexico 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
$5,188
Tax year 2024
Assessed value
$419,176
Assessed 2024
Previous assessed
$419,176
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$100,814
Assessed improvement
$318,362
Applied tax rate
2.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2010
Construction
WOOD
Heating
YES
Cooling
CENTRAL
Stories
1
Units
1
Total area
1,920 SF
Lot
0.16 ac (7,000 SF)
APN
058-486-007-000
UPID
US09-8334508
Jurisdiction
IMPERIAL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2010
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Man C Duong
Individual
Mailing address
211 ACAPULCO DR, IMPERIAL, CA 92251-9827
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 3, 2020
$395,000
Man C Duong
Hector Loo
Grant Deed
—
Feb 17, 2015
—
David E Romero
Romero Nilza
Quit Claim Deed
related
—
Feb 17, 2015
$205,000
Hector Loo
Romero David E
Grant Deed
—
Dec 26, 2012
$106,288
David E Romero
Foothill Conveyance Corp
Trustees Deed
related
—
Sep 21, 2009
—
Liliana Quintanar
Lopez,antonio
Grant Deed
—
Aug 6, 2008
$220,000
Antonio Lopez
Rodriguez,cesar R & Rosamaria
Grant Deed
$145,000 · Cesar R & Rosamaria Rodriguez
Apr 22, 2005
$110,000
Cesar R Rodriguez
Kemper,george R JR
Grant Deed
—
Jan 1, 1979
—
—
—
Grant Deed
related
—
—
—
Liliana Quintanar
—
Deed Of Trust
related
$90,000 · Vip Trust Deed Co
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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