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Property profile & analytics
OFF-MARKET
Estimated value
$9,480,000
Warehouses
468 Msn Rd San Marcos, CA 92069-1823
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9709938
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Total area
63,014 SF
Lot
3.37 ac (146,797 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
220-210-38-00
UPID
US09-9709938
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
-
Across Town Movers Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.79M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.75M
Blend (final)
Blend
$9.48M
Owner & transaction history
Windswept Investments LLC · 4 yrs held
Windswept Investments LLC
since 2022
Last sale
$9.3M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, 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 San Marcos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Marcos 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
$9,515,000
ML approach
$9,785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.48M
Range $8.53M – $10.43M · ±10% · vs last sale $9.31M (May 27 2022)
Last sale anchor
$9.31M
May 27 2022
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
$150 / 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
$107,058
Tax year 2024
Assessed value
$9,686,801
Assessed 2024
Previous assessed
$9,686,801
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,121,200
Assessed improvement
$6,565,601
Applied tax rate
13.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Heating
NONE
Units
1
Bathrooms
1
Total area
63,014 SF
Lot
3.37 ac (146,797 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
220-210-38-00
UPID
US09-9709938
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · San Marcos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Marcos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Heating
NONE
Units
1
Bathrooms
1
Lot
3.37 ac
Current owner
From public records · entity-resolved
Windswept Investments LLC
Entity
Mailing address
14817 GABLE RDG RD, SAN DIEGO, CA 92128-3725
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
May 27, 2022
$9,311,000
Windswept Investments LLC
Roman LLC
Grant Deed
$7,800,000 · Zb NA
Aug 14, 2018
—
Homan LLC
—
Deed
related
$5,000,000 · Banc Of California NA
Jun 18, 1997
—
Daniel E Etal Homan
Homan,daniel E & Michele K
Quit Claim Deed
related
—
Dec 19, 1996
—
Daniel E Homan
Mission Partners Etal,
Quit Claim Deed
related
—
Sep 2, 1994
$1,855,349
Rosenberg Trust
San Marcos Wareh
Trustees Deed
—
Feb 14, 1989
—
San Marcos Wareh
—
Grant Deed
related
$275,000 · Heartland Savings & Loan
—
—
Homan LLC
—
Deed Of Trust
related
$2,210,000 · Prudential Mortgage Co
—
—
Homan LLC
—
Deed Of Trust
related
$4,594,000 · Pnc Bank
—
—
Daniel E Homan
—
Deed Of Trust
related
$1,681,000 · First Pacific 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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