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Property profile & analytics
OFF-MARKET
Estimated value
$1,740,000
Warehouses
6975 Ave Ave Lemon Grove, CA 91945
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-9639467
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
7,848 SF
Lot
0.61 ac (26,571 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
479-012-05-00
UPID
US09-9639467
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
$1.68M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.74M
Owner & transaction history
D & D Enterprises LLC · 11 yrs held
D & D Enterprises LLC
since 2014
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Lemon Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.8M
+27.3%
Retail stores
$2.6M
+18.1%
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%
$1,815,000
6.5%
$1,675,000
7%
$1,560,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,225,000
Current use
OFFICE BUILDING
$2,830,000
Change: +27% · Conversion: Difficult
RETAIL STORES
$2,625,000
Change: +18% · Conversion: Moderate
Blend value · Realmo final
$1.74M
Range $1.57M – $1.91M · ±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
$222 / 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
$17,375
Tax year 2024
Assessed value
$1,390,368
Assessed 2024
Previous assessed
$1,390,368
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$706,967
Assessed improvement
$683,401
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Units
1
Total area
7,848 SF
Lot
0.61 ac (26,571 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
479-012-05-00
UPID
US09-9639467
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
WAREHOUSE, STORAGE Current
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.8M
RETAIL STORES
Est. value
$2.6M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
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
Heating
NONE
Units
1
Lot
0.61 ac
Current owner
From public records · entity-resolved
D & D Enterprises LLC
Entity
Mailing address
6975 NN AVE, LEMON GROVE, CA 91945-5413
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2021
—
D&d Enterprises LLC
—
Deed
related
$1,490,000 · Hanmi Bank
Dec 19, 2014
$1,180,000
D & D Enterprises LLC
Peak Real Estate Group LLC
Grant Deed
$1,003,000 · Vibra Bank
Nov 6, 2002
$730,000
Peak Real Estate Group LLC
Benke,jon T
Grant Deed
$500,000 · San Diego County Cu
May 12, 1999
—
Jon T Benke
Benke,suzanne
Quit Claim Deed
related
—
Sep 8, 1995
—
Jon Thomas Etal Benke
Benke,jon Thomas Etal
Quit Claim Deed
related
—
Aug 2, 1990
$524,499
Jon T Benke
Building Repairs
Grant Deed
$322,500 · Seller
—
—
Jon T Benke
—
Deed Of Trust
related
$200,000 · Pacific Thrift & Loan Co
—
—
Builders Repairs
—
Deed Of Trust
related
$180,000 · San Diego Trust & Savings Bank
—
—
Thomas G Benke
—
Deed Of Trust
related
$250,000 · Standard Mortgage Investors
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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