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Property profile & analytics
OFF-MARKET
Estimated value
$980,000
Office Spaces
511 Encinitas Blvd C2 Encinitas, CA 92024-3775
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-6743851
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1983
Total area
1,638 SF
Lot
1.69 ac (73,560 SF)
Zoning code
COMMERCIAL
APN
258-121-35-17
UPID
US09-6743851
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
-
Just Smile Dental Office
-
Dr Jiachang Zhang Dental Office
-
AllNew Dental Dental Office
-
Church 1 Church
-
House of Praise Evangelical Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$921k
Blend (final)
Blend
$980k
Owner & transaction history
511 Eb100 LLC · 4 yrs held
511 Eb100 LLC
since 2021
Last sale
$1.3M
1 recorded transaction
Zoning & alternative use
COMMERCIAL · Encinitas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+112.5%
Retail stores
$1.3M
+90.6%
Medical building
$775,000
+11.9%
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
$1,030,000
ML approach
$1,180,000
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$620,000
7%
$580,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$695,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,475,000
Change: +112% · Conversion: Difficult
RETAIL STORES
$1,325,000
Change: +91% · Conversion: Moderate
MEDICAL BUILDING
$775,000
Change: +12% · Conversion: Easy
AUTO REPAIR, GARAGE
$625,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$980k
Range $882k – $1.08M · ±10% · vs last sale $1.26M (Dec 30 2021)
Last sale anchor
$1.26M
Dec 30 2021
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
$598 / 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
$10,004
Tax year 2024
Assessed value
$914,771
Assessed 2024
Previous assessed
$914,771
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$364,140
Assessed improvement
$550,631
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1983
Heating
NONE
Units
1
Total area
1,638 SF
Lot
1.69 ac (73,560 SF)
Zoning code
COMMERCIAL
APN
258-121-35-17
UPID
US09-6743851
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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$695,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
RETAIL STORES
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$775,000
AUTO REPAIR, GARAGE
Est. value
$625,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1983
Heating
NONE
Units
1
Lot
1.69 ac
Current owner
From public records · entity-resolved
511 Eb100 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
PO BOX 1749, RCHO SANTA FE, CA 92067-1749
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$1,257,500
511 Eb100 LLC
Fd531 LLC
Grant Deed
—
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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