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Property profile & analytics
OFF-MARKET
Estimated value
$2,390,000
Strip malls
6902 Federal Blvd 22 Lemon Grove, CA 91945-1409
Trust Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9510885
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1993
Total area
6,157 SF
Lot
0.67 ac (29,185 SF)
Zoning code
COMMERCIAL
APN
478-142-05-00
UPID
US09-9510885
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
-
Anikim Insurance Auto,Home,Life Lemon Grove CA Insurance Agency
-
Konnect Phone Repair Tech Support Center (Bike/Boat/Book/etc) Store
-
Herraras Mexican Food Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.39M
Owner & transaction history
Attisha Family Trust · 14 yrs held
Attisha Family Trust
since 2012
7 recorded transactions
Zoning & alternative use
COMMERCIAL · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,680,000
6.5%
$2,475,000
7%
$2,300,000
Blend value · Realmo final
$2.39M
Range $2.15M – $2.63M · ±10%
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
$388 / 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
$49,108
Tax year 2024
Assessed value
$1,675,417
Assessed 2024
Previous assessed
$1,675,417
+0.0% YoY
Effective rate
2.93%
On assessed value
Assessed land
$866,980
Assessed improvement
$808,437
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1993
Heating
NONE
Units
1
Total area
6,157 SF
Lot
0.67 ac (29,185 SF)
Zoning code
COMMERCIAL
APN
478-142-05-00
UPID
US09-9510885
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Lemon Grove, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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
1993
Heating
NONE
Units
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Attisha Family Trust
Trust
Free & Clear · 14 yrs held
Mailing address
1684 BURRIS DR, EL CAJON, CA 92019-3596
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2022
—
Francis M Attisha
—
Deed
related
$3,000,000 · California Cu
Jun 28, 2012
—
Attisha Family Trust
Attisha Family Trust
Quit Claim Deed
related
—
Mar 12, 2004
$2,582,000
Attisha,tr
Southwest-lemon Grove Gateway
Grant Deed
$1,250,000 · North Island Financial Cu
Oct 24, 2003
—
Southwest-lemon Grove Gateway
Covington,tr
Grant Deed
related
—
Jun 18, 2002
$2,875,000
Covington Trust
Lemon Grove-nierman LLC
Grant Deed
$2,020,000 · Covington Trust
Nov 25, 1996
$1,157,000
Lemon Grove-niermann LLC
Lemon Grove Gateway
Trustees Deed
related
—
Jul 17, 1990
$635,000
Jeff C Kane
Homefed Bank
Grant Deed
$476,250 · Seller
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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