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Property profile & analytics
FOR LEASE
Medical Office Space
480 N Magnolia Ave El Cajon, CA 92020
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9012341
For Lease
1 / 2
Contact for pricing
480 N Magnolia Ave, El Cajon, CA 92020
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1963
Total area
8,564 SF
Lot
0.42 ac (18,181 SF)
Zoning code
COMMERCIAL
APN
482-302-02-00
UPID
US09-9012341
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
-
Smile Plus Dentistry & Orthodontics Dental Office
-
Pirate Staffing Employment Agency
-
Resume Own Nav Employment Agency
-
Drawing Shop Renovation Specialist (Bike/Boat/Book/etc) Store
-
New Line Dental Laboratory Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.71M
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.50M
Owner & transaction history
Abc Stephan LLC · 7 yrs held
Abc Stephan LLC
since 2018
7 recorded transactions
Zoning & alternative use
COMMERCIAL · El Cajon, 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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,850,000
6.5%
$1,710,000
7%
$1,585,000
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10%
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
$175 / 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
$19,342
Tax year 2024
Assessed value
$1,361,586
Assessed 2024
Previous assessed
$1,361,586
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$656,186
Assessed improvement
$705,400
Applied tax rate
3.0000
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
For Lease
Year built
1963
Heating
NONE
Units
1
Total area
8,564 SF
Lot
0.42 ac (18,181 SF)
Zoning code
COMMERCIAL
APN
482-302-02-00
UPID
US09-9012341
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · El Cajon, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · El Cajon, CA
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
1963
Heating
NONE
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Abc Stephan LLC
Entity
Free & Clear · 7 yrs held
Mailing address
860 JAMACHA RD STE #201, EL CAJON, CA 92019-3224
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2018
—
Abc Stephan LLC
Stephan,waleed & Athra
Quit Claim Deed
related
—
Sep 17, 2018
$1,245,000
Waleed Stephan
Magnolia Building Partners LLC
Grant Deed
—
Dec 17, 2015
$875,000
Magnolia Building Partners LLC
Rubin Mark & Michelle Trust
Grant Deed
$787,500 · Rubin Mark & A M Tr (pt)
Dec 17, 2015
—
Mark Rubin
Rubin,michelle A
Affidavit Of Death
related
—
Mar 30, 2000
$385,000
Mark Rubin
Us Bank
Grant Deed
$294,367 · Valle De Oro Bank
Oct 20, 1998
$350,000
Bank Of Commerce
Feilen,rodney R & Glenda L
Trustees Deed
related
—
Sep 1, 1994
—
Rodney Rene Etal Feilen
Feilen,rodney R & Glenda L Schne
Quit Claim Deed
related
—
Aug 30, 1991
$465,000
Rodney R Feilen
Ray,billy D
Grant Deed
$450,000 · Bank Of Commerce
—
—
Billy D Ray
—
Deed Of Trust
related
$310,000 · Cuyamaca Bank
—
—
Billy D Ray
—
Deed Of Trust
related
$25,000 · Trust Deed Couns
—
—
Rubin Trust
—
Deed Of Trust
related
$300,000 · Southwest Community 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.
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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