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Property profile & analytics
OFF-MARKET
Retail space
434 Msn Rd Fallbrook, CA 92028-2150
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9911521
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1949
Total area
2,800 SF
Lot
0.36 ac (15,783 SF)
Zoning code
COMMERCIAL
APN
103-181-05-00
UPID
US09-9911521
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
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
Tereso R F Cardona · 6 yrs held
Tereso R F Cardona
since 2020
Last sale
$300,000
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
—
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
$3,475
Tax year 2024
Assessed value
$321,657
Assessed 2024
Previous assessed
$321,657
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$187,634
Assessed improvement
$134,023
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1949
Heating
NONE
Units
1
Bathrooms
1
Total area
2,800 SF
Lot
0.36 ac (15,783 SF)
Zoning code
COMMERCIAL
APN
103-181-05-00
UPID
US09-9911521
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
1949
Heating
NONE
Units
1
Bathrooms
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Tereso R F Cardona
Individual
Free & Clear · 6 yrs held
Mailing address
1208 OLD STAGE RD, FALLBROOK, CA 92028-3419
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 9, 2020
$300,000
Tereso R F Cardona
Victor Zapata
Grant Deed
—
Jun 18, 2014
$375,000
Victor Zapata
Selby James L Family Trust
Grant Deed
$295,000 · Selby James L Family Tr (pt)
Jan 14, 2011
—
Selby James L Family Trust
Selby,james L
Quit Claim Deed
related
—
Apr 7, 2005
$500,000
James L Selby
Massey,william L & Shellie M
Grant Deed
—
Sep 18, 2000
$90,000
William L Massey
Roberts,vincent T
Grant Deed
—
Apr 21, 1997
$50,000
Vincent T Roberts
Euro Canadian INC
Grant Deed
—
—
—
Willial L Massey
—
Deed Of Trust
related
$160,000 · Individual
—
—
William L Massey
—
Deed Of Trust
related
$163,700 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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