New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,135,000
Warehouses
515 Raleigh Ave El Cajon, CA 92020-3139
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6781325
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Total area
16,900 SF
Lot
0.83 ac (36,154 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
482-250-35-00
UPID
US09-6781325
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
-
Doetsch Enterprises Industrial Manufacturer Production Facility
-
Universal Waste Disposal Company Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.96M
CAP Approach
CAP
$3.24M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.14M
Owner & transaction history
515 Raleigh LLC · 6 yrs held
515 Raleigh LLC
since 2020
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · El Cajon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.8M
+3.7%
Apartment house (5+ units)
$4.8M
+2.2%
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 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
$4,215,000
ML approach
$3,960,000
CAP Approach
CAP Return
Estimation
6%
$3,505,000
6.5%
$3,235,000
7%
$3,005,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,665,000
Current use
RETAIL STORES
$4,840,000
Change: +4% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,770,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$3.14M
Range $2.82M – $3.45M · ±10% · vs last sale $2.80M (Jul 9 2020)
Last sale anchor
$2.80M
Jul 9 2020
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
$186 / 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
$37,790
Tax year 2024
Assessed value
$2,971,381
Assessed 2024
Previous assessed
$2,971,381
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$1,167,328
Assessed improvement
$1,804,053
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Heating
NONE
Units
1
Total area
16,900 SF
Lot
0.83 ac (36,154 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
482-250-35-00
UPID
US09-6781325
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · El Cajon, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Cajon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.7M
RETAIL STORES
Est. value
$4.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.8M
WAREHOUSE, STORAGE Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1979
Heating
NONE
Units
1
Lot
0.83 ac
Current owner
From public records · entity-resolved
515 Raleigh LLC
Entity
Mailing address
5694 MSN CTR RD #371, SAN DIEGO, CA 92108-4355
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jul 30, 2020
—
515 Raleigh LLC
—
Deed
related
$1,153,000 · Cdc Small Busn Fin
Jul 9, 2020
$2,800,000
515 Raleigh LLC
Richard P Doetsch
Grant Deed
$1,400,000 · First Republic Bank
Sep 28, 2016
—
Richard P Doetsch
—
Deed
related
$1,130,000 · California Bk&tr
Apr 24, 2002
$1,150,000
Richard P Doetsch
Tucker Trust
Grant Deed
$1,035,000 · Tucker Trust
Jan 8, 2002
—
Gordon A Etal Tucker
Tucker,gordon A Etal
Quit Claim Deed
related
—
—
—
515 Raleigh LLC
—
Deed Of Trust
related
$1,400,000 · First Republic Bk
—
—
515 Raleigh LLC
—
Deed Of Trust
related
$1,153,000 · Cdc Small Busn Fin
—
—
Richard P Doetsch
—
Deed Of Trust
related
$1,130,000 · California Bk&tr
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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