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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Retail space
601 Broadway 9, Chula Vista, CA 91910-5309
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8303952
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1981
Total area
4,705 SF
Lot
0.47 ac (20,618 SF)
Zoning code
COMMERCIAL
APN
572-080-35-00
UPID
US09-8303952
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
-
Sunny Donuts Bakery Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$703k
Blend (final)
Blend
$1.14M
Owner & transaction history
601 Broadway Properties LLC · 1 yrs held
601 Broadway Properties LLC
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Chula Vista, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.9M
+6.2%
Auto repair, garage
$1.8M
+0.9%
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 Chula Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chula Vista 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
$1,140,000
ML approach
$1,140,000
CAP Approach
CAP Return
Estimation
6%
$1,155,000
6.5%
$1,065,000
7%
$990,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,780,000
Current use
MEDICAL BUILDING
$1,890,000
Change: +6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,795,000
Change: +1% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10% · vs last sale $1.14M (Aug 13 2024)
Last sale anchor
$1.14M
Aug 13 2024
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
$242 / 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
$14,294
Tax year 2024
Assessed value
$1,219,660
Assessed 2024
Previous assessed
$1,219,660
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$724,829
Assessed improvement
$494,831
Applied tax rate
1.0000
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
1981
Heating
NONE
Units
1
Total area
4,705 SF
Lot
0.47 ac (20,618 SF)
Zoning code
COMMERCIAL
APN
572-080-35-00
UPID
US09-8303952
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Chula Vista, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Chula Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chula Vista. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.8M
MEDICAL BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
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
1981
Heating
NONE
Units
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
601 Broadway Properties LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2940 LYTTON ST, SAN DIEGO, CA 92110-4811
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2024
$1,140,000
601 Broadway Properties LLC
Michael Duncan Floersch
Grant Deed
—
Aug 13, 2024
—
Brian Alfred Welker
Anita Kay Welker
Intrafamily Transfer
related
—
Apr 12, 2024
—
Rosario M Francisco
Rosario M Francisco
Intrafamily Transfer
related
—
Nov 24, 2021
—
Juliet M Ramirez
Juliet M Ramirez
Intrafamily Transfer
related
—
May 12, 2021
—
Susan Toni Welker
Alfred Robert Welker
Intrafamily Transfer
related
—
Jul 7, 2020
—
Macaraeg,l T & E B Fam Trust
Esperanza B Macaraeg
Affidavit Of Death
related
—
Dec 24, 2018
—
L T Macaraeg
Macaraeg L T & E B F/tr
Quit Claim Deed
related
—
Nov 2, 2018
—
L T Macaraeg
Macaraeg,lino T
Affidavit Of Death
related
—
Oct 29, 2015
—
Macaraeg,lino T & E B Trust
Macaraeg,lino T & Esperanza B
Quit Claim Deed
related
—
Sep 10, 2014
—
Barsch,mary J Tr
Barsch,william A
Affidavit Of Death
related
—
Apr 24, 2013
—
Welker Family Trust
Welker,ann
Quit Claim Deed
related
—
Apr 19, 2013
—
Antonia C Welker
Welker,alfred R
Quit Claim Deed
related
—
Dec 12, 2011
—
Barsch Living Trust
Barsch,william A
Quit Claim Deed
related
—
Jun 1, 2004
$501,000
Lino T Macaraeg
Rivera,randy L
Grant Deed
related
—
Mar 24, 2004
$311,500
Randy L Rivera
Fremdling,douglas C
Grant Deed
—
—
—
Max Schindler
—
Deed Of Trust
related
$375,000 · Great American Fed'l Savings
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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