New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,055,000
Warehouses
580 Airport Rd, Oceanside, CA 92058-1207
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9056453
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Total area
15,150 SF
Lot
1 ac (43,560 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
146-031-08-00
UPID
US09-9056453
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
-
San Diego Motor Sports Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.31M
CAP Approach
CAP
$2.90M
Comparable Approach
Comparable
$3.09M
Blend (final)
Blend
$3.06M
Owner & transaction history
Mbm Builders LLC · 5 yrs held
Mbm Builders LLC
since 2021
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Oceanside, 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 Oceanside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oceanside 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
$3,435,000
ML approach
$3,305,000
CAP Approach
CAP Return
Estimation
6%
$3,145,000
6.5%
$2,900,000
7%
$2,695,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,295,000
Current use
Blend value · Realmo final
$3.06M
Range $2.75M – $3.36M · ±10% · vs last sale $2.80M (Jul 2 2021)
Last sale anchor
$2.80M
Jul 2 2021
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
$202 / 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
$32,758
Tax year 2024
Assessed value
$2,913,120
Assessed 2024
Previous assessed
$2,913,120
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,820,700
Assessed improvement
$1,092,420
Applied tax rate
7.0000
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
Year built
1976
Heating
NONE
Units
1
Total area
15,150 SF
Lot
1 ac (43,560 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
146-031-08-00
UPID
US09-9056453
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Oceanside, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Oceanside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oceanside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$4.3M
WAREHOUSE, STORAGE Current
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
1976
Heating
NONE
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Mbm Builders LLC
Entity
Mailing address
2066 ALDERGROVE AVE, ESCONDIDO, CA 92029-1901
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
Jul 2, 2021
$2,800,000
Mbm Builders LLC
Airport Partners LLC
Grant Deed
$2,000,000 · First Citizens Bank & Trust Co
Sep 9, 2020
—
Airport Partners LLC
—
Deed
related
$2,500,000 · The Loan Company Of San Diego
May 10, 2019
$2,600,000
Airport Partners LLC
The Kennard Development Group
Grant Deed
$1,500,000 · Alistar Financial Services INC
Sep 15, 2016
$1,543,500
Kennard Dev Group
Herca Properties LLC
Grant Deed
—
Sep 13, 2010
—
Fmp Partners INC
Process Communication
Quit Claim Deed
related
—
Sep 13, 2010
$850,000
Herca Properties LLC
Fmp Partners INC
Grant Deed
$680,000 · Premier Commercial Bank NA
Dec 30, 2009
$1,500,000
Fmp Partners INC
Harden Real Estate LLC
Grant Deed
$1,500,000 · Manufacturers 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.
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?”
You own 580 Airport Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
