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Property profile & analytics
OFF-MARKET
Estimated value
$1,750,000
Retail space
555 Deer Spgs Rd Bldg 1 San Marcos, CA 92069-9748
Entity Owned
3-yr Hold
Absentee Owner
Property ID
US09-6808653
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2021
Total area
7,179 SF
Lot
19.73 ac (859,438 SF)
Zoning code
AGRICULTURAL
APN
182-260-10-00
UPID
US09-6808653
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
$2.38M
CAP Approach
CAP
$1.74M
Comparable Approach
Comparable
$1.08M
Blend (final)
Blend
$1.75M
Owner & transaction history
T E R I INC · 3 yrs held
T E R I INC
since 2022
Last sale
$1.8M
7 recorded transactions
Zoning & alternative use
AGRICULTURAL · San Marcos, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.7M
+25.7%
Apartment house (5+ units)
$2.3M
+3.7%
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 San Marcos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Marcos 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
$1,745,000
ML approach
$2,375,000
CAP Approach
CAP Return
Estimation
6%
$1,880,000
6.5%
$1,735,000
7%
$1,610,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,180,000
Current use
AUTO REPAIR, GARAGE
$2,740,000
Change: +26% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,260,000
Change: +4% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,035,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.75M
Range $1.58M – $1.93M · ±10% · vs last sale $1.76M (Oct 20 2022)
Last sale anchor
$1.76M
Oct 20 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
$244 / 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
$1,640
Tax year 2024
Assessed value
$4,947,362
Assessed 2024
Previous assessed
$4,947,362
+0.0% YoY
Effective rate
0.03%
On assessed value
Assessed land
$2,979,094
Assessed improvement
$1,968,268
Applied tax rate
76.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2021
Heating
NONE
Units
1
Bathrooms
2
Total area
7,179 SF
Lot
19.73 ac (859,438 SF)
Zoning code
AGRICULTURAL
APN
182-260-10-00
UPID
US09-6808653
Jurisdiction
SAN DIEGO
Zoning & alternative use
AGRICULTURAL · San Marcos, CA
Zoning AGRICULTURAL · permitted uses
AGRICULTURAL · San Marcos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Marcos. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.3M
WAREHOUSE, STORAGE
Est. value
$2.0M
RETAIL STORES Current
AUTO REPAIR, GARAGE
APARTMENT HOUSE (5+ UNITS)
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
Year built
2021
Heating
NONE
Units
1
Bathrooms
2
Lot
19.73 ac
Current owner
From public records · entity-resolved
T E R I INC
Entity
Mailing address
251 AIRPORT RD, OCEANSIDE, CA 92058-1201
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
Oct 20, 2022
—
T E R I INC
T E R I INC
Intrafamily Transfer
related
$14,150,000 · California Enterprise Development A
Nov 4, 2020
—
T E R I INC
—
Deed
related
$750,000 · Zb NA
Apr 25, 2019
—
Teri INC
—
Deed
related
$750,000 · California Bk&tr
Jul 10, 2003
$1,755,000
T E R I INC
Fritz,tr
Grant Deed
$755,000 · Landmark National Bank
Nov 29, 2000
$1,200,000
Fritz Trust
Merriam,robert S
Grant Deed
—
—
—
Teri INC
—
Loan Modification
related
$750,000 · California Bk&tr
—
—
Teri INC
—
Deed Of Trust
related
$1,739,078 · California Bank & Trust
—
—
Teri INC
—
Deed Of Trust
related
$994,000 · Discovery 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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