Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    635 Mercantile St Vista, CA 92083-5947
    Back to Search
    Property profile & analytics

    635 Mercantile St, Vista, CA 92083-5947

    View on Map
    • Auto shops
    • 5,600 SF
    • 0.72 lot acres
    Off-Market
    Property ID
    US09-9665527
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $585,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Vista Body & Paint / Auto Repair Shop
    • Sovvagn Motorwerke / Auto Repair Shop
    • Gspot Autoworks / (Bike/Boat/Book/etc) Store
    • Genesee Auto Glass & Electric / Auto Repair Shop
    • Joseph D. Cotton Automotive and Smog / Auto Repair Shop

    Property Details for 635 Mercantile St

    Year built
    1974
    Lot size
    0.72 lot acres
    Zone code
    INDUSTRIAL (M ZONE)
    Property type
    Auto shops
    APN
    179-053-26-00
    APU
    1790532600

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 3, 2025 — Isaias Roman Toscano Polo Isaias Roman Toscano Polo Deed · related —
    Mar 13, 2018 — I R Toscano Polo Toscano,polo I R Quit Claim Deed · related —
    Feb 6, 2018 $1,010,000 Polo I Roman Plamondon G & Therese Grant Deed $910k · Plamondon G & Therese (te)

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $390,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $776,000
      Market price range: $367k - $1.53M

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Vista
    County
    San Diego
    State
    California
    Longitude
    -117.238
    Latitude
    33.1952
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,357
    $624,688
    $501,981
    $1,126,669
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $915,000
      4,798 SF

      460 Olive Ave

      AUTO REPAIR, GARAGE
      460 Olive Ave, Vista, CA 92083-3460
      View Details
    • Value Estimation
      $765,000
      9,285 SF

      912 Postal Way, Unit 18

      AUTO REPAIR, GARAGE
      912 Postal Way, Vista, CA 92083-6915
      View Details
    • Value Estimation by Request
      5,616 SF

      808 Santa Fe Ave, Unit 10

      AUTO REPAIR, GARAGE
      808 Santa Fe Ave, Vista, CA 92083-3635
      View Details
    • Value Estimation by Request
      4,350 SF

      427 Redlands St

      AUTO REPAIR, GARAGE
      427 Redlands St, Vista, CA 92083-3626
      View Details
    • Value Estimation
      $1,450,000
      22,378 SF

      249 Emerald Dr, Unit 57

      AUTO REPAIR, GARAGE
      249 Emerald Dr, Vista, CA 92083-6180
      View Details
    • Value Estimation by Request
      1,080 SF

      2287 Santa Fe Ave

      AUTO REPAIR, GARAGE
      2287 Santa Fe Ave, Vista, CA 92083
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,311 SF

      Vista Retail/Office Plaza For Sale

      Retail/Office plaza with redevelopment potential in Vista, California.
      1318 N Santa Fe Ave, Vista, CA 92083
      View Details
    • Contact for pricing
      350 SF

      Retail Space with Private Restroom

      Retail space available for rent featuring a private restroom.
      977 S Santa Fe Ave, Vista, CA 92083
      View Details
    • Contact for pricing

      Renovated Vista Office Building

      Renovated office building on high-traffic corner with parking.
      1990 S Santa Fe Ave, Vista, CA 92083
      View Details
    • $969,900
      17,331.42 Acres

      Vista CA Residential Income Opportunity

      Remodeled home on large lot with development potential.
      224 Astro Ct, Vista, CA 92083
      View Details
    • Contact for pricing
      1,732 SF

      Medical Office Condominium Units

      High-end medical project with flexible spaces and custom buildouts.
      2095 W Vista Way, Vista, CA 92083
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Space in Vista

      Retail properties available for rent in Vista, California.
      1900-1998 Hacienda Dr, Vista, CA 92083
      View Details
    • Contact for pricing
      1,957 SF

      Retail Space in Vista Village

      Retail space available for lease in Vista, California.
      401 Vista Village Dr, Vista, CA 92083
      View Details
    • Contact for pricing
      6,000 SF

      Retail Space in Vista Village

      Retail spaces available for lease in Vista, California.
      307 Vista Village Dr, Vista, CA 92083
      View Details
    • Contact for pricing
      2,134 SF

      Retail Space with Monument Signage

      Retail property featuring monument signage and planned facade renovation.
      1031-33 S Santa Fe Ave, Vista, CA 92083
      View Details
    • Contact for pricing

      Retail Space Near Interstate 78

      Neighborhood shopping center anchored by Smart & Final Extra!
      1839 West Vista Way, Vista, CA 92083
      View Details
    • Contact for pricing

      High-Visibility Vista Retail Location

      Premier retail location with strong tenant synergy and high traffic.
      1450 N Santa Fe Ave, Vista, CA 92083
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    635 Mercantile St
    Vista, CA 92083-5947
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    635 Mercantile St, Vista, CA, 92083
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!