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Property profile & analytics
OFF-MARKET
Estimated value
$1,000,000
Retail space
70 Town Ctr Pkwy Santee, CA 92071-5808
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7100795
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Total area
6,865 SF
Lot
0.96 ac (41,817 SF)
Zoning code
COMMERCIAL
APN
381-041-04-00
UPID
US09-7100795
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
-
Gabela Jorge MD Physician
-
HOTWORX - Santee, CA Gym & Fitness Center
-
Martinez Sylvia MD Physician
-
Dairy Queen Grocery & Convenience Store Specialty Food Shop
-
Coles Fine Flooring Carpet & Flooring Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$908k
Blend (final)
Blend
$1.00M
Owner & transaction history
Town Center Pkwy LLC · 8 yrs held
Town Center Pkwy LLC
since 2018
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Santee, 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 Santee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santee 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.00M
Range $900k – $1.10M · ±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
$146 / 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
$26,274
Tax year 2024
Assessed value
$1,922,915
Assessed 2024
Previous assessed
$1,922,915
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$841,275
Assessed improvement
$1,081,640
Applied tax rate
16.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1991
Heating
NONE
Units
1
Total area
6,865 SF
Lot
0.96 ac (41,817 SF)
Zoning code
COMMERCIAL
APN
381-041-04-00
UPID
US09-7100795
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Santee, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Santee, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Units
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Town Center Pkwy LLC
Entity
Mailing address
110 W C ST STE #1700, SAN DIEGO, CA 92101-3909
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
May 21, 2018
—
Town Center Pkwy LLC
Coles S M Separate Pro Trust
Grant Deed
—
May 7, 2014
$1,600,000
Stephen M Coles
Nikola Milicevic
Grant Deed
$1,200,000 · Wells Fargo Bank NA
May 1, 2006
$3,100,000
Milicevic Nikola & Nada Trust
Karno,norton S
Grant Deed
—
Mar 10, 2006
—
Christopher J Coseo
Coseo,brenda
Quit Claim Deed
related
$2,500,000 · Brand-broadway Assocs
May 10, 2004
—
Christopher J Coseo
Coseo,brenda M
Quit Claim Deed
related
—
Sep 9, 2003
$42,500
Christopher J Coseo
Karno,norton S
Grant Deed
—
Oct 31, 2001
—
Norton S Karno
Santee Acquisition LP
Grant Deed
$6,500,000 · Us Bank NA
Jan 6, 1994
$7,700,000
Acquisition LP Santee
First City Sante
Trustees Deed
related
—
—
—
Milicevic Nikola & Nada Trust
—
Deed Of Trust
related
$700,000 · Embarcadero 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
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