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Property profile & analytics
FOR LEASE
Community centers
5640 Baltimore Dr La Mesa, CA 91942
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US09-7355785
For Lease
1 / 2
Contact for pricing
5640 Baltimore Dr, La Mesa, CA 91942
View Listing →
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1980
Total area
9,208 SF
Lot
0.62 ac (27,007 SF)
Zoning code
COMMERCIAL
APN
464-090-27-00
UPID
US09-7355785
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
-
Korr Real Estate Real Estate Agency
-
Century 21 Award: Linda Lee Harris/Joan Hay Realtors Real Estate Agency
-
My San Diego Homes Real Estate Agency
-
HomeBy Tracey, Century 21 Award Real Estate Agency
-
Ron Durrett Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.54M
Owner & transaction history
Lake Murray Village LLC · 7 yrs held
Lake Murray Village LLC
since 2019
6 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$167 / 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
$29,532
Tax year 2024
Assessed value
$2,269,091
Assessed 2024
Previous assessed
$2,269,091
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,025,033
Assessed improvement
$1,244,058
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
Community centers
Use group
MINI-MALL
Status
For Lease
Year built
1980
Heating
NONE
Units
1
Total area
9,208 SF
Lot
0.62 ac (27,007 SF)
Zoning code
COMMERCIAL
APN
464-090-27-00
UPID
US09-7355785
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
Year built
1980
Heating
NONE
Units
1
Lot
0.62 ac
Current owner
From public records · entity-resolved
Lake Murray Village LLC
Entity
Mailing address
PO BOX 6379, SAN DIEGO, CA 92166-0379
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2019
—
Lake Murray Village LLC
Peckham Family Trust
Quit Claim Deed
$4,000,000 · Miscellaneous Ins Co
Jun 1, 2017
—
Peckham Properties INC
—
Loan Modification
related
$9,600,000 · Miscellaneous Ins Co
Mar 24, 2014
—
Peckham Family Trust
Peckham Family Trust
Quit Claim Deed
related
—
Nov 18, 2011
—
Peckham,family Trust
Peckham,family Trust
Quit Claim Deed
related
$7,080,095 · American United Life Ins Co
May 18, 2010
—
Peckham Properties INC
Investcal Realty Corp
Quit Claim Deed
related
—
Jan 29, 2004
—
Charles Douglas
Nguyen,hong
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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