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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Strip malls
609 Broadway Escondido, CA 92025-1846
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7410701
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1987
Total area
5,672 SF
Lot
0.52 ac (22,651 SF)
Zoning code
COMMERCIAL
APN
229-180-79-00
UPID
US09-7410701
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
-
Nice Food Restaurant Restaurant
-
Western Union Bank Credit Union
-
Bonitas Nails Nail Salon
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Tango Nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$815k
Owner & transaction history
Mount Vernon Inn LLC · 8 yrs held
Mount Vernon Inn LLC
since 2017
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Escondido, CA
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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
$144 / 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
$18,278
Tax year 2024
Assessed value
$1,600,765
Assessed 2024
Previous assessed
$1,600,765
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$948,189
Assessed improvement
$652,576
Applied tax rate
4.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1987
Heating
NONE
Units
1
Total area
5,672 SF
Lot
0.52 ac (22,651 SF)
Zoning code
COMMERCIAL
APN
229-180-79-00
UPID
US09-7410701
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Escondido, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | Escondido, CA
Building & site characteristics
From public records
Year built
1987
Heating
NONE
Units
1
Lot
0.52 ac
Current owner
From public records · entity-resolved
Mount Vernon Inn LLC
Entity
Mailing address
5805 YOKOHAMA CT, SAN DIEGO, CA 92120-3964
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2021
—
Mount Vernon Inn LLC
—
Deed
related
$5,647,637 · Wells Fargo Bank NA
Dec 19, 2017
$12,900,000
Mount Vernon Inn LLC
Tsn Country Corner LLC
Grant Deed
$6,150,000 · Wells Fargo Bank NA
Jul 29, 2016
—
Tsn Country Corner LLC
—
Deed
related
$8,500,000 · Bbcn Bk
Jul 31, 2006
—
Tsn Country Corner LLC
Bhullar Properties II LLC
Grant Deed
$8,660,000 · Jpmorgan Chase Bank NA
Apr 29, 2005
$8,800,000
Bhullar Properties II LLC
Adkins,alonzo F
Grant Deed
$6,800,000 · Pff Bank & Trust
Apr 29, 2005
—
Alonzo F Adkins
Country Corner Partners
Grant Deed
—
Jun 7, 2000
—
Country Corner Partners
Passco Country Corner LLC
Quit Claim Deed
related
—
Jun 7, 2000
$5,580,000
Country Corners Partners
Kunz,george G & Lorraine J
Trustees Deed
—
Feb 24, 1998
$3,200,000
Country Corner Tc
Nationwide Life Insurance Co
Grant Deed
$2,900,000 · Nationsbank NA (south)
—
—
Tsn Country Corner LLC
—
Deed Of Trust
related
$8,500,000 · Bbcn Bk
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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