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Property profile & analytics
OFF-MARKET
Estimated value
$3,000,000
Warehouses
5345 Timken St La Mesa, CA 91942-2920
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9151293
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
9,060 SF
Lot
0.64 ac (27,878 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
490-622-06-00
UPID
US09-9151293
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
-
Murphy Event Productions Marketing & Advertising Event Planning
-
La Mesa Garage Door Repair Pros (Bike/Boat/Book/etc) Store Bakery
-
Maxable Space Corporate Office
-
The Permit Pro Consultant Architectural Designer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.00M
CAP Approach
CAP
$1.94M
Comparable Approach
Comparable
$4.03M
Blend (final)
Blend
$3.00M
Owner & transaction history
Brian Nathaniel Kramer · 2 yrs held
Brian Nathaniel Kramer
since 2024
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · La Mesa, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.8M
+47.0%
Medical building
$3.7M
+45.2%
Auto repair, garage
$3.5M
+34.7%
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
$3,000,000
ML approach
$3,000,000
CAP Approach
CAP Return
Estimation
6%
$2,100,000
6.5%
$1,935,000
7%
$1,800,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,565,000
Current use
RETAIL STORES
$3,775,000
Change: +47% · Conversion: Moderate
MEDICAL BUILDING
$3,730,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,460,000
Change: +35% · Conversion: Easy
OFFICE BUILDING
$3,265,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±10% · vs last sale $3.00M (Apr 2 2024)
Last sale anchor
$3.00M
Apr 2 2024
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
$331 / 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
$26,190
Tax year 2024
Assessed value
$2,150,000
Assessed 2024
Previous assessed
$2,150,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,150,000
Assessed improvement
$1,000,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Units
1
Total area
9,060 SF
Lot
0.64 ac (27,878 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
490-622-06-00
UPID
US09-9151293
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · La Mesa, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · La Mesa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Mesa. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.6M
RETAIL STORES
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.5M
OFFICE BUILDING
Est. value
$3.3M
WAREHOUSE, STORAGE Current
RETAIL STORES
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
0.64 ac
Current owner
From public records · entity-resolved
Brian Nathaniel Kramer
Individual
Mailing address
2620 2ND AVEPH2, SAN DIEGO, CA 92103-6547
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
$3,000,000
Brian Nathaniel Kramer
Timken La Mesa LP
Grant Deed
$2,300,000 · Comerica Bank
Apr 2, 2024
—
Brian Nathaniel Kramer
Breonna Kramer
Intrafamily Transfer
related
—
Aug 17, 2023
$2,150,000
Timken La Mesa LP
Mrd Hillcrest LLC
Grant Deed
—
Nov 24, 2020
—
Krause,j C 1999 Marital Trust
Mell 45 LLC
Quit Claim Deed
—
Nov 24, 2020
$2,510,500
Mrd Hillcrest LLC
Krause J 1999 Marital Trust
Grant Deed
—
Sep 1, 2015
$10,212,500
Mell 45 LLC
Montezuma Land Co LLC
Grant Deed
$3,912,100 · First Republic Bank
Aug 24, 2015
—
Montezuma Land Co LLC
Nute,jeannette E
Quit Claim Deed
related
—
Sep 30, 2004
—
Montezuma Land Co LLC
Owner Name Unavailable
Grant Deed
related
—
Sep 22, 2003
—
Evenson,tr
Evenson,anita M
Quit Claim Deed
related
—
Jul 3, 2003
—
Montezuma Land Co LLC
Evenson,tr
Quit Claim Deed
related
—
Jul 2, 2003
—
Montezuma Land Co LLC
Evenson,william F
Quit Claim Deed
related
—
Nov 21, 1988
—
William Evenson
Union Bank
Quit Claim Deed
related
—
Sep 27, 1988
—
Catherin Evenson
Cal First Bank
Quit Claim Deed
related
—
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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