Property profile

588 Mollison Ave El Cajon, CA 92021

OFF-MARKET
Hotels
Property ID
US09-8839988
30,600 SF 1.51 ac lot Built 1980
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1980
Total area 30,600 SF
Lot 1.51 ac (65,775 SF)
Zoning code COMMERCIAL
APN 483-380-40-00
UPID US09-8839988

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Hotel & Motel
  • Corporate Office

Location

588 Mollison Ave El Cajon, CA 92021-6143
El Cajon metro Census 16301 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$10.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.65M

Owner & transaction history

since 2022
Last sale
$8.1M
7 recorded transactions
2022
$8.1M
2011
$2.6M
2010
$1.7M
2006
$5.2M
2006
Price N/A
2003
$3.3M
2003
$200,000

Zoning & alternative use

COMMERCIAL · El Cajon, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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