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Property profile & analytics
OFF-MARKET
Estimated value
$2,535,000
Turn key restaurants
611 Douglas Dr Oceanside, CA 92058-6948
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8479017
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2005
Total area
3,171 SF
Lot
0.57 ac (24,829 SF)
Zoning code
COMMERCIAL
APN
158-030-44-00
UPID
US09-8479017
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
-
Carl's Jr. Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.54M
Owner & transaction history
M & N Foods LLC · 5 yrs held
M & N Foods LLC
since 2021
Last sale
$2.7M
5 recorded transactions
Zoning & alternative use
COMMERCIAL · Oceanside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.2M
+99.7%
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 Oceanside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oceanside 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
$1,865,000
ML approach
$1,690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,080,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,150,000
Change: +100% · Conversion: Difficult
RETAIL STORES
$1,915,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$2.54M
Range $2.28M – $2.79M · ±10% · vs last sale $2.73M (Apr 8 2021)
Last sale anchor
$2.73M
Apr 8 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
$799 / 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
$32,843
Tax year 2024
Assessed value
$2,901,460
Assessed 2024
Previous assessed
$2,901,460
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,972,993
Assessed improvement
$928,467
Applied tax rate
7.0000
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
2005
Heating
NONE
Units
1
Total area
3,171 SF
Lot
0.57 ac (24,829 SF)
Zoning code
COMMERCIAL
APN
158-030-44-00
UPID
US09-8479017
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Oceanside, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Oceanside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oceanside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.2M
RETAIL STORES
Est. value
$1.9M
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
2005
Heating
NONE
Units
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
M & N Foods LLC
Entity
Mailing address
137 S LAS POSAS RD STE #252, SAN MARCOS, CA 92078-2470
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2021
—
M & N Foods LLC
—
Deed
related
$1,125,000 · Advantage Certified Development Corporat
Apr 8, 2021
$2,725,000
M & N Foods LLC
Jack W Gaines
Grant Deed
$1,387,000 · Pacific Enterprise Bank
May 4, 2016
$2,500,000
Gaines Living Trust
Callahan Marion Trust
Grant Deed
—
Oct 21, 2013
—
Callahan,marion Trust
Callahan Marion
Quit Claim Deed
related
—
Jul 20, 2005
$2,000,000
Marion Callahan
M & N Foods LLC
Grant Deed
—
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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