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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Medical Office Space
425 Alvarado St Fallbrook, CA 92028-2960
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9897317
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1981
Total area
6,570 SF
Lot
0.62 ac (27,007 SF)
Zoning code
COMMERCIAL
APN
103-246-27-00
UPID
US09-9897317
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
-
Fallbrook Micro Endodontics Dental Office
-
Clayton T. Cooke DDS Dental Office
-
Surf and Smiles Orthodontics Dental Office
-
Mc Gowan Rhonda Dental Office
-
Southern California Collaborative Therapy 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
$1.16M
Owner & transaction history
Alvarado Office Building LLC · 10 yrs held
Alvarado Office Building LLC
since 2015
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Fallbrook, 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 Fallbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallbrook 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
$177 / 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
$10,949
Tax year 2024
Assessed value
$1,014,174
Assessed 2024
Previous assessed
$1,014,174
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$389,750
Assessed improvement
$624,424
Applied tax rate
75.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1981
Heating
NONE
Units
1
Total area
6,570 SF
Lot
0.62 ac (27,007 SF)
Zoning code
COMMERCIAL
APN
103-246-27-00
UPID
US09-9897317
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Fallbrook, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallbrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Alvarado Office Building LLC
Entity
Mailing address
2449 WILT RD, FALLBROOK, CA 92028-9587
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Sep 22, 2015
—
Alvarado Office Building LLC
Cooke Clayton T Trust
Quit Claim Deed
related
—
Nov 9, 2004
—
Cooke Patti C Trust
Cooke,patti C
Quit Claim Deed
related
—
Jun 28, 2004
—
Cooke,tr
Cooke,patricia M
Quit Claim Deed
related
$385,250 · Patricia M Cooke
Jun 25, 1998
—
Clayton T Dr Etal Cooke
Cooke,clayton T
Quit Claim Deed
related
—
Mar 14, 1995
—
Clayton T Cooke
Cooke,clayton T Etal
Quit Claim Deed
related
—
Jun 19, 1989
—
Clayton T Cooke
Native Sun Dev C
Quit Claim Deed
related
—
—
—
Clayton T Cooke
—
Deed Of Trust
related
$336,000 · Temecula Valley National 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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