Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,365,000
Manufacturing properties
6500 Federal Blvd 10 Lemon Grove, CA 91945-1311
Individually Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6607490
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Total area
20,135 SF
Lot
1 ac (43,560 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
478-160-03-00
UPID
US09-6607490
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
-
Craters & Freighters San Diego Shipping Company Freight Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.37M
Owner & transaction history
Jerry Segawa · 14 yrs held
Jerry Segawa
since 2011
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Lemon Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lemon Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lemon Grove 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
$117 / 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
$37,505
Tax year 2024
Assessed value
$2,815,026
Assessed 2024
Previous assessed
$2,815,026
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$1,498,639
Assessed improvement
$1,316,387
Applied tax rate
15.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1965
Heating
NONE
Units
1
Total area
20,135 SF
Lot
1 ac (43,560 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
478-160-03-00
UPID
US09-6607490
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Lemon Grove, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Lemon Grove, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lemon Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Units
1
Lot
1 ac
Current owner
From public records · entity-resolved
Jerry Segawa
Individual
Mailing address
11024 FURY LN, LA MESA, CA 91941-7309
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2017
—
Jerry Segawa
—
Deed
related
$1,100,000 · Loan /san Diego
Dec 21, 2011
$101,000
Jerry Segawa
Brawley,frank J
Grant Deed
—
Jul 6, 2006
—
Frank J Brawley
Brawley,cynthia E
Quit Claim Deed
related
—
Jul 6, 2006
$2,250,000
Jerry Segawa
Donald J Pettee
Grant Deed
$249,000 · Point Loma Community Bank
Jun 30, 1999
—
Donald J Etal Pettee
Pettee,donald J Etal
Quit Claim Deed
related
—
Sep 1, 1994
$500,000
Pettee,donald J & Marelle P
Ba Properties INC,
Trustees Deed
—
Dec 20, 1993
$503,500
Ba Properties INC
Papike,betty
Trustees Deed
—
Dec 28, 1988
—
Betty L Papike
Cal,west Steel I
Quit Claim Deed
related
—
—
—
Donald J Pettee
—
Deed Of Trust
related
$460,000 · Bank Of Coronado
—
—
Jerry Segawa
—
Deed Of Trust
related
$1,215,000 · American West Bank
—
—
Donald J Pettee
—
Deed Of Trust
related
$358,000 · Union Bank Of California
—
—
Jerry Segawa
—
Deed Of Trust
related
$1,100,000 · Loan /san Diego
—
—
Betty Papike
—
Deed Of Trust
related
$465,000 · Security Pacific National Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 6500 Federal Blvd, Unit 10?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.