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Property profile & analytics
OFF-MARKET
Estimated value
$19,235,000
Commercial land
5257 Lk Murray Blvd La Mesa, CA 91942
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0043350
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.21 ac (52,707 SF)
Zoning code
COMMERCIAL
APN
464-390-02-00
UPID
US10-0043350
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.24M
Owner & transaction history
Bh Sd Re 7050 LLC · 4 yrs held
Bh Sd Re 7050 LLC
since 2022
Last sale
$19.5M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · La Mesa, CA
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 La Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Mesa 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
$18,710,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$19.24M
Range $17.31M – $21.16M · ±10% · vs last sale $19.50M (Jun 29 2022)
Last sale anchor
$19.50M
Jun 29 2022
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
—
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
$32,615
Tax year 2024
Assessed value
$2,741,454
Assessed 2024
Previous assessed
$2,741,454
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$2,741,454
Applied tax rate
5.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.21 ac (52,707 SF)
Zoning code
COMMERCIAL
APN
464-390-02-00
UPID
US10-0043350
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · La Mesa, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · La Mesa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Heating
NONE
Lot
1.21 ac
Current owner
From public records · entity-resolved
Bh Sd Re 7050 LLC
Entity
Mailing address
700 WASHINGTON ST APT #1021, VANCOUVER, WA 98660-3339
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Jun 29, 2022
$19,500,000
Bh Sd Re 7050 LLC
Nhi Reit Of California LP
Grant Deed
$15,525,000 · Bank Of The West
Mar 15, 2010
$12,500,000
Nhi-reit Of California LP
Helix Properties LP
Grant Deed
—
Jun 27, 2003
$2,718,000
Helix Properties LP
Alvarado Parkway Real Estate
Trustees Deed
$3,525,000 · Telesis Community Cu
Jun 27, 2003
—
Bradley Sanders
Alvarado Parkway Real Estate
Grant Deed
related
—
Aug 28, 2000
$2,100,000
Alvarado Parkway Real Estate
Crescent Real Estate Funding
Grant Deed
$1,477,000 · First National Bank
Jun 18, 1997
$1,712,000
Real Estate Funding V Crescent
Charter San Diego B Health Syt
Grant Deed
related
—
Jul 7, 1994
$3,305,000
Alvarado Behavioral Heal Charter
—
Grant Deed
related
—
—
—
Helix Properties
—
Deed Of Trust
related
$4,800,000 · Cathay Bank
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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