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Property profile & analytics
OFF-MARKET
Turn key restaurants
5955 Balboa Ave San Diego, CA 92111-2711
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US09-7765888
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2019
Total area
1,999 SF
Lot
0.73 ac (31,798 SF)
Zoning code
COMMERCIAL
APN
419-820-05-00
UPID
US09-7765888
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
-
Chick-fil-A Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Balco LLC · 17 yrs held
Balco LLC
since 2009
7 recorded transactions
Zoning & alternative use
COMMERCIAL · San Diego, 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 San Diego submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Diego 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
—
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
$26,441
Tax year 2024
Assessed value
$2,149,322
Assessed 2024
Previous assessed
$2,149,322
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,515,010
Assessed improvement
$634,312
Applied tax rate
8.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2019
Heating
NONE
Units
1
Total area
1,999 SF
Lot
0.73 ac (31,798 SF)
Zoning code
COMMERCIAL
APN
419-820-05-00
UPID
US09-7765888
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Diego, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Diego, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Diego. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2019
Heating
NONE
Units
1
Lot
0.73 ac
Current owner
From public records · entity-resolved
Balco LLC
Entity
Mailing address
PO BOX 230968, ENCINITAS, CA 92023-0968
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2009
$2,410,000
Balco LLC
Victoria Land Partners
Grant Deed
$1,600,000 · Ahmad Mashayekan
Feb 18, 2009
$1,170,000
Victoria Land Partners
Granite Peak Property Invs
Grant Deed
—
Jun 5, 1998
$400,000
Malk Trust
Jojos Restuarants INC
Trustees Deed
—
Jun 5, 1998
—
Granite Peak Property Inv
Malk,brian C Etal
Quit Claim Deed
related
—
Feb 27, 1996
$700,000
Malk Trust
Jojos Restaurants INC
Grant Deed
—
Apr 30, 1993
—
Jojos Restaurants INC
Jojos California
Quit Claim Deed
related
—
Feb 7, 1992
$1,190,600
Jojos Cal Family
Restaurant Enter
Trustees Deed
$21,284 · Marriott Corp
Feb 7, 1992
$1,191,000
Restaurant Enter
Big Boy Restaura
Trustees Deed
related
—
—
—
Granite Peak Property Invs
—
Deed Of Trust
related
$1,066,000 · Standard Insurance Co
—
—
Granite Peak Property Invest
—
Deed Of Trust
related
$800,000 · Standard Mortgage Investors
—
—
Malk Trust
—
Deed Of Trust
related
$490,000 · Grossmont Bank
—
—
Malk Trust
—
Deed Of Trust
related
$1,500,000 · Individual
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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