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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Retail space
605 Highland Ave National City, CA 91950-2430
Entity Owned
4-yr Hold
Free & Clear
Property ID
US09-7714429
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1962
Total area
1,238 SF
Lot
0.08 ac (3,431 SF)
Zoning code
COMMERCIAL
APN
556-411-01-00
UPID
US09-7714429
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
-
christi the braider Hair Salon
-
Klipper Cutz Barbershop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$428k
Blend (final)
Blend
$525k
Owner & transaction history
The Plascenica Investment Group INC · 4 yrs held
The Plascenica Investment Group INC
since 2021
Last sale
$585,000
7 recorded transactions
Zoning & alternative use
COMMERCIAL · National City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$590,000
+91.8%
Office building
$445,000
+45.8%
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 National City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs National City 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
$505,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$590,000
Change: +92% · Conversion: Difficult
OFFICE BUILDING
$445,000
Change: +46% · Conversion: Easy
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $585k (Aug 3 2021)
Last sale anchor
$585k
Aug 3 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
$424 / 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
$7,434
Tax year 2024
Assessed value
$608,634
Assessed 2024
Previous assessed
$608,634
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$364,140
Assessed improvement
$244,494
Applied tax rate
6.0000
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
1962
Heating
NONE
Units
1
Total area
1,238 SF
Lot
0.08 ac (3,431 SF)
Zoning code
COMMERCIAL
APN
556-411-01-00
UPID
US09-7714429
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · National City, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · National City, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
National City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$590,000
OFFICE BUILDING
Est. value
$445,000
MEDICAL BUILDING
OFFICE BUILDING
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
1962
Heating
NONE
Units
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
The Plascenica Investment Group INC
Entity
Free & Clear · 4 yrs held
Mailing address
605 HIGHLAND AVE, NATIONAL CITY, CA 91950-2430
Mailing matches property
Yes
Owner-occupied
Yes
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2021
$585,000
The Plascenica Investment Group INC
Jose Fabian Velez
Grant Deed
—
Apr 23, 2021
—
Jose Fabian Velez
Luz Imelda Otto
Intrafamily Transfer
related
—
Jun 6, 2019
$325,000
Harry,otto Trust
Heath H Family Trust
Grant Deed
$100,000 · Yankner Edward Family Tr (pt)
Jun 6, 2019
—
Heath,h Family Trust
Heath,henry H
Affidavit Of Death
related
—
Feb 5, 2007
—
Heath H Family Trust
Heath,howard
Quit Claim Deed
related
—
Dec 22, 2006
—
H Howard Heath
Heath,rosalyn F
Quit Claim Deed
related
—
Apr 6, 2006
—
H H Heath
Heath H Family Trust
Quit Claim Deed
related
—
Jan 4, 2006
—
H H Heath
Heath,howard
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.
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