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Property profile & analytics
OFF-MARKET
Estimated value
$11,000,000
Commercial land
696 Encinitas Blvd Encinitas, CA 92024-3732
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0036416
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1951
Total area
998 SF
Lot
0.8 ac (34,848 SF)
Zoning code
COMMERCIAL
APN
258-131-03-00
UPID
US10-0036416
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
$11.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.00M
Owner & transaction history
Raintree Encinitas LLC · 1 yrs held
Raintree Encinitas LLC
since 2025
Last sale
$11.0M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Encinitas, 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 Encinitas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Encinitas 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
$11,000,000
ML approach
$11,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.00M
Range $9.90M – $12.10M · ±10% · vs last sale $11.00M (Aug 27 2024)
Last sale anchor
$11.00M
Aug 27 2024
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
$11,022 / 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
$20,834
Tax year 2024
Assessed value
$1,963,234
Assessed 2024
Previous assessed
$1,963,234
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,963,234
Applied tax rate
19.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1951
Heating
NONE
Bathrooms
1
Total area
998 SF
Lot
0.8 ac (34,848 SF)
Zoning code
COMMERCIAL
APN
258-131-03-00
UPID
US10-0036416
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Encinitas, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Encinitas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Encinitas. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Heating
NONE
Bathrooms
1
Lot
0.8 ac
Current owner
From public records · entity-resolved
Raintree Encinitas LLC
Entity
Mailing address
34052 LA PLZ STE 201ST DANA POINT, POINT
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
27 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2025
—
Raintree Encinitas LLC
—
Deed
related
$86,000,000 · Us Bank NA
Jan 14, 2025
—
Raintree Encinitas LLC
Raintree Encinitas LLC
Deed
related
—
Aug 27, 2024
—
Raintree Encinitas LLC
San Dieguito Water District
Quit Claim Deed
related
—
Oct 22, 2020
$11,000,000
Raintree Encinitas LLC
Showprop Downey LLC
Grant Deed
—
Apr 2, 2020
—
Showprop Downey LLC
—
Deed
related
$6,175,000 · Private Individual
Feb 25, 2020
—
Showprop Downey LLC
—
Deed
related
—
Mar 4, 2019
—
Showprop Downey LLC
—
Grant Deed
related
$2,000,000 · C3bank NA
Feb 15, 2019
—
Showprop Downey LLC
—
Grant Deed
related
$2,000,000 · C3bank NA
Sep 30, 2015
$5,000,000
Showprop Downey LLC
Sea Breeze Investments IV LLC
Grant Deed
—
Jul 25, 2012
—
Sea Breeze Investments IV LLC
Rios Drive Associates
Grant Deed
related
—
Feb 27, 2006
—
Rio Drive Associates
Laser,kimberly G
Grant Deed
—
Feb 27, 2006
$227,000
Rios Drive Associates
Wasmoeth,h A
Grant Deed
—
Feb 27, 2006
$114,000
Rios Drive Associates
Waggoner,james C
Grant Deed
—
Mar 12, 2004
$15,000
Gabor Reh
Crew,james L & Cynthia L
Grant Deed
—
Mar 12, 2004
$31,500
Rabban,tr
Reh,gabor & Ilona
Grant Deed
—
Aug 13, 2003
—
Laser,tr
Laser,edwin L & Valerie E
Quit Claim Deed
related
—
Aug 13, 2003
$70,000
James C Waggoner
Reh,gabor & Iiona
Grant Deed
—
Aug 13, 2003
$42,000
Edwin L Laser
Reh,gabor & Iiona
Grant Deed
—
Jun 4, 1998
$32,500
Reh,gabor & Ilona
Crw,james L & Cynthia L
Trustees Deed
—
Jun 4, 1998
$52,000
Laser,gregory W & Kimberley G
Reh,gabor & Ilona
Trustees Deed
$47,000 · Seller
Dec 29, 1994
$42,000
Gabor Reh
Armento,linda S & Donald F
Grant Deed
—
Dec 28, 1994
$58,000
Wilson J Rabban Md INC Profit
Reh,gabor & Ilona
Trustees Deed
—
Dec 28, 1994
$46,500
Reh,gabor & Ilona
Anderson,sandy J & Robert G
Trustees Deed
—
Dec 28, 1994
$50,000
Reh,gabor & Ilona
Crew,james L & Cynthia L
Trustees Deed
—
—
—
James C Waggoner
—
Deed Of Trust
related
$70,000 · Gabor & Iiona Reh
—
—
Showprop Downey LLC
—
Deed Of Trust
related
$6,175,000 · Private Individual
—
—
Showprop Downey LLC
—
Loan Modification
related
—
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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