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Property profile & analytics
OFF-MARKET
Estimated value
$1,235,000
Retail space
491 2nd St Encinitas, CA 92024-3573
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9233071
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
7,003 SF
Lot
0.23 ac (10,145 SF)
Zoning code
COMMERCIAL
APN
258-084-07-00
UPID
US09-9233071
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
-
Afterforeclosure Financial Advisor
-
Jan Wagman, Ph.D, MFT Psychotherapist
-
Gold Coast Homes & Loans Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
W F Hatch · 1 yrs held
W F Hatch
since 2024
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Encinitas, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,835,000
6.5%
$1,690,000
7%
$1,570,000
Blend value · Realmo final
$1.24M
Range $1.11M – $1.36M · ±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
$176 / 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
$7,478
Tax year 2024
Assessed value
$675,609
Assessed 2024
Previous assessed
$675,609
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$261,996
Assessed improvement
$413,613
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Units
2
Total area
7,003 SF
Lot
0.23 ac (10,145 SF)
Zoning code
COMMERCIAL
APN
258-084-07-00
UPID
US09-9233071
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Encinitas, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Encinitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Encinitas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
W F Hatch
Individual
Free & Clear · 1 yrs held
Mailing address
1108 LARK SONG LN, ENCINITAS, CA 92024-6825
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Oct 4, 2024
—
W F Hatch
Stephanie A Tarkington
Quit Claim Deed
related
—
Feb 19, 2016
—
Camperell,k & C Trust
Camperell,kevin J & Christine L
Quit Claim Deed
related
—
Dec 11, 2015
$315,000
Tarkington Family Trust
Lechleiter,john C & Leslie F
Grant Deed
—
Oct 16, 2003
—
Tarkington,tr
Tarkington,grice & Lund
Quit Claim Deed
related
—
Oct 1, 2003
—
Alan L Tarkington
Grice Land & Tarkington
Quit Claim Deed
related
—
Sep 10, 2003
—
Lund Grice
Tarkington,tr
Quit Claim Deed
related
—
Aug 30, 2002
—
Alan L Etal Tarkington
Grice,lund & Tarkington
Quit Claim Deed
related
—
—
—
Grice Lund Tarkinoton Ptshp
—
Deed Of Trust
related
$82,915 · Union Bank Of California
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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