Property profile

650 Mollison Ave El Cajon, CA 92021

OFF-MARKET
Hotels
Property ID
US09-8809985
18,279 SF 0.53 ac lot Built 1989
Individually Owned 38-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1989
Total area 18,279 SF
Lot 0.53 ac (23,086 SF)
Zoning code COMMERCIAL
APN 484-321-11-00
UPID US09-8809985

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel

Location

650 Mollison Ave El Cajon, CA 92021-5618
El Cajon metro Census 16301 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.35M
CAP Approach CAP
$1.73M
Comparable Approach Comparable
$1.63M
Blend (final) Blend
$1.57M

Owner & transaction history

since 1988
6 recorded transactions
2002
Price N/A
2000
Price N/A
1988
Price N/A
1988
$900,000
1988
Price N/A
1969
Price N/A

Zoning & alternative use

COMMERCIAL · El Cajon, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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