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Property profile & analytics
OFF-MARKET
Retail space
502 Fergus St San Diego, CA 92114-2425
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8790762
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
2,404 SF
Lot
0.24 ac (10,672 SF)
Zoning code
COMMERCIAL
APN
549-052-35-00
UPID
US09-8790762
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
-
STUDIO 502 Sew In weaves And Braids Hair Salon
-
African Hair Braiding by Helen Hair Salon
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
Joseph Ernest Lewis · 4 yrs held
Joseph Ernest Lewis
since 2021
Last sale
$275,000
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, 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 Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
$6,487
Tax year 2024
Assessed value
$525,375
Assessed 2024
Previous assessed
$525,375
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$348,464
Assessed improvement
$176,911
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1
Total area
2,404 SF
Lot
0.24 ac (10,672 SF)
Zoning code
COMMERCIAL
APN
549-052-35-00
UPID
US09-8790762
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Joseph Ernest Lewis
Individual
Mailing address
305 WW ST, SAN DIEGO, CA 92113-1931
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2021
—
Joseph Ernest Lewis
Joseph Ernest Lewis
Intrafamily Transfer
related
$500,000 · La Jolla Fund LLC
Jan 17, 2020
—
Lewis Family Trust
—
Deed
related
$480,000 · Deborah Harbin
Oct 1, 2019
—
Lewis Living Trust
Mitchell,jennifer D
Quit Claim Deed
—
Sep 11, 2019
—
Jennifer Mitchell
—
Deed
related
$3,480 · Llewellyn Group LLC
Jul 30, 2019
—
Jennifer Mitchell
—
Deed
related
$3,480 · Llewellyn Group LLC
Apr 22, 2019
—
Jennifer Mitchell
—
Deed
related
$24,000 · Bill Cosby
Jan 18, 2019
—
Jennifer Mitchell
—
Deed
related
$65,000 · Rodney & Geneva Houston
Oct 25, 2016
—
Warren W Wellnitz
Wellnitz,berneice L
Affidavit Of Death
related
$312,000 · La Jolla Fund LLC
Jun 18, 2004
$275,000
Jennifer Mitchell
San Diego Regional Group
Grant Deed
$255,000 · Wellnitz Trust
—
—
Jennifer Mitchell
—
Deed Of Trust
related
$65,000 · Rodney & Geneva Houston
—
—
Jennifer Mitchell
—
Deed Of Trust
related
$24,000 · Bill Cosby
—
—
Jennifer Mitchell
—
Deed Of Trust
related
$50,000 · Wellnitz Family Trust
—
—
Jennifer Mitchell
—
Deed Of Trust
related
$3,480 · Llewellyn Group LLC
—
—
Jennifer Mitchell
—
Deed Of Trust
related
$312,000 · Home Bank Of California
—
—
Jennifer Mitchell
—
Deed Of Trust
related
$3,480 · Llewellyn Group LLC
—
—
Lewis Family Trust
—
Deed Of Trust
related
$480,000 · Deborah Harbin
—
—
Jennifer Mitchell
—
Deed Of Trust
related
$312,000 · La Jolla Fund LLC
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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