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Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Golf courses & driving ranges
5200 Grand Del Mar Way San Diego, CA 92130-4900
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6679318
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Total area
36,830 SF
Lot
6.44 ac (280,526 SF)
Zoning code
AGRICULTURAL
APN
308-102-18-00
UPID
US09-6679318
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
-
ADDISON Restaurant
-
Sacha's Supper Club Nightclub Music Venue
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.56M
Owner & transaction history
Fairmont Del Mar Holdings LLC · 5 yrs held
Fairmont Del Mar Holdings LLC
since 2021
7 recorded transactions
Zoning & alternative use
AGRICULTURAL · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,520,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.56M
Range $1.40M – $1.72M · ±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
$42 / 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
$105,660
Tax year 2024
Assessed value
$9,869,234
Assessed 2024
Previous assessed
$9,869,234
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$530,604
Assessed improvement
$9,338,630
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
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Heating
NONE
Units
1
Total area
36,830 SF
Lot
6.44 ac (280,526 SF)
Zoning code
AGRICULTURAL
APN
308-102-18-00
UPID
US09-6679318
Jurisdiction
SAN DIEGO
Zoning & alternative use
AGRICULTURAL · San Diego, CA
Zoning AGRICULTURAL · permitted uses
AGRICULTURAL · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$2.5M
WAREHOUSE, STORAGE
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
Heating
NONE
Units
1
Lot
6.44 ac
Current owner
From public records · entity-resolved
Fairmont Del Mar Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
100 SAINT PAUL ST STE #800, DENVER, CO 80206-5144
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2025
—
Ksl Del Mar LLC
—
Deed
related
$130,000,000 · Fs Creit Originator LLC
Jan 5, 2022
—
Ksl Del Mar LLC
—
Deed
related
$95,000,000 · Fs Creit Grand Del Mar LLC
Jun 23, 2021
—
Fairmont Del Mar Holdings LLC
Fmdr Mortgage Holdings LLC
Grant Deed
—
Apr 2, 2015
$47,000,000
Gdm Hotel Properties LLC
The Grand Del Mar LLC
Grant Deed
$95,000,000 · Colfin Gdm Funding LLC
Apr 2, 2015
$181,000,000
Gdm Hotel Properties LLC
Grand Del Mar Resort LP
Grant Deed
—
Aug 25, 2011
—
Del Mar Resort LP Grand
—
Deed Of Trust
related
$120,000,000 · Eurohypo Ag
Feb 2, 2006
—
The Grand Del Mar Resort LP
Westshaw Associates LLC
Grant Deed
$120,000,000 · Eurohypo Ag New York Branch
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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