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Property profile & analytics
OFF-MARKET
Estimated value
$21,555,000
Automotive properties
6798 Federal Blvd 6800 Lemon Grove, CA 91945-1313
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9453878
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1995
Total area
45,321 SF
Lot
2.96 ac (128,937 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
478-141-07-00
UPID
US09-9453878
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.10M
Blend (final)
Blend
$21.56M
Owner & transaction history
Ve Tlgre LLC · 1 yrs held
Ve Tlgre LLC
since 2025
Last sale
$25.0M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Lemon Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$29.7M
+71.8%
Medical building
$21.5M
+24.3%
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
Method
Estimation
Statistic approach
$20,115,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$17,300,000
Current use
RESTAURANT
$29,715,000
Change: +72% · Conversion: Difficult
MEDICAL BUILDING
$21,510,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$16,340,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$15,165,000
Change: -12% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$14,270,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$21.56M
Range $19.40M – $23.71M · ±10% · vs last sale $25.00M (Mar 23 2025)
Last sale anchor
$25.00M
Mar 23 2025
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
$476 / 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
$125,735
Tax year 2024
Assessed value
$9,894,204
Assessed 2024
Previous assessed
$9,894,204
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$3,641,400
Assessed improvement
$6,252,804
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1995
Heating
NONE
Units
1
Total area
45,321 SF
Lot
2.96 ac (128,937 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
478-141-07-00
UPID
US09-9453878
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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$17.3M
RESTAURANT
Est. value
$29.7M
MEDICAL BUILDING
Est. value
$21.5M
OFFICE BUILDING
Est. value
$16.3M
RETAIL STORES
Est. value
$15.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$14.3M
AUTO REPAIR, GARAGE Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1995
Heating
NONE
Units
1
Lot
2.96 ac
Current owner
From public records · entity-resolved
Ve Tlgre LLC
Entity
Mailing address
2905 PREMIERE PKWY STE #300, DULUTH, GA 30097-5240
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Jun 23, 2025
$25,000,000
Ve Tlgre LLC
Lhm Tsd LLC
Grant Deed
—
Jan 5, 2022
$21,800,000
Lhm Tsd LLC
Miller Family Real Estate LLC
Grant Deed
—
Dec 5, 2017
$10,000,000
Miller Fam R & E LLC
Greg Miller Family Holdings LP
Trustees Deed
$9,000,000 · Toyota Motor Credit
Apr 20, 2016
$9,000,000
Greg Miller Family Holdings LP
Rekab Properties LP
Grant Deed
$9,000,000 · Toyota Motor Credit
Sep 3, 2009
—
Rekab Properties Ltd
—
Trustees Deed
related
$3,500,000 · Toyota Motor Credit Corp
Apr 15, 2004
—
Rekab Properties
—
Deed Of Trust
related
$10,000,000 · Bank Of America
Dec 16, 1993
$2,600,000
Rekab Properties
Bob Baker Enterp
Grant Deed
—
Aug 10, 1993
—
Ba Mortgage & Int'l Realty Cor
Security Pacific
Quit Claim Deed
related
—
Aug 10, 1993
$1,375,000
Bob Baker Enterprises INC
Ba Mortgage & In
Trustees Deed
—
Apr 3, 1992
$2,079,000
Security Pacific
White Trust
Trustees Deed
related
—
Sep 16, 1988
—
Elliott L White
White Virginia M
Quit Claim Deed
related
$5,075,000 · Security Pacific National Bank
—
—
Rekab Properties Ltd
—
Deed Of Trust
related
$3,000,000 · Toyota Motor Credit Corp
—
—
Rekab Properties Ltd
—
Deed Of Trust
related
$3,500,000 · Toyota Motor Credit Corp
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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