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Property profile & analytics
OFF-MARKET
Estimated value
$3,245,000
Turn key restaurants
476 Coast Hwy 101 Encinitas, CA 92024-3529
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-9243166
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Total area
2,775 SF
Lot
0.18 ac (8,050 SF)
Zoning code
COMMERCIAL
APN
258-084-06-00
UPID
US09-9243166
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
$2.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.22M
Blend (final)
Blend
$3.25M
Owner & transaction history
476 490 South Coast Highway LLC
476 490 South Coast Highway LLC
since 2026
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Encinitas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.6M
+150.6%
Neighborhood: shopping center
$2.5M
+37.4%
Retail stores
$2.2M
+23.2%
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 Encinitas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Encinitas 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
$2,695,000
ML approach
$2,515,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,560,000
Change: +151% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,500,000
Change: +37% · Conversion: Difficult
RETAIL STORES
$2,240,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$3.25M
Range $2.92M – $3.57M · ±10% · vs last sale $3.90M (Jun 6 2023)
Last sale anchor
$3.90M
Jun 6 2023
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
$1,169 / 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
$46,188
Tax year 2024
Assessed value
$3,978,000
Assessed 2024
Previous assessed
$3,978,000
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,448,000
Assessed improvement
$1,530,000
Applied tax rate
19.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1948
Heating
NONE
Units
1
Total area
2,775 SF
Lot
0.18 ac (8,050 SF)
Zoning code
COMMERCIAL
APN
258-084-06-00
UPID
US09-9243166
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Encinitas, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Encinitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$4.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
RETAIL STORES
Est. value
$2.2M
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1948
Heating
NONE
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
476 490 South Coast Highway LLC
Entity
Free & Clear · 0 yrs held
Mailing address
415 S COAST HWY 101U-12, ENCINITAS, CA 92024-3530
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2026
—
476 490 South Coast Highway LLC
476 490 South Coast Highway LLC
Deed
related
—
Jun 6, 2023
$3,900,000
476 490 South Coast Highway LLC
Barbara A Schubert
Grant Deed
$1,900,000 · Zb NA
Jun 6, 2023
—
Barbara A Schubert
Gelato 101 LLC
Grant Deed
—
Jul 21, 2021
—
Gelato 101 LLC
Barbara A Schubert
Grant Deed
—
Apr 13, 2021
—
Marlene K Kelly
Barbara A Schubert
Quit Claim Deed
related
—
Oct 4, 2012
—
Schubert Barbara A Tr
Schubert,robert E
Affidavit Of Death
related
—
Mar 24, 1997
—
Robert E Etal Schubert
Schubert,robert E & Barbara A
Quit Claim Deed
related
—
Jun 7, 1990
$650,000
Schubert Robert
Arpple INC
Trustees Deed
—
Jun 7, 1990
$82,500
Holst Shirley
Rothenberg Ronal
Trustees Deed
related
—
Jun 7, 1990
$90,500
Holst Shirley
Solem Roger G
Trustees Deed
related
—
Jun 7, 1990
$116,000
Holst Shirley
Bloom Jeffrey
Trustees Deed
related
—
Jan 15, 1988
—
Harry Mechanick
Ota B
Grant Deed
related
—
—
—
Robert E Schubert
—
Deed Of Trust
related
$30,000 · San Dieguito Bank
—
—
Arpple INC
—
Deed Of Trust
related
$10,000 · Individual
—
—
Arpple INC
—
Deed Of Trust
related
$40,000 · Individual
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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