Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Retail space
700 Seacoast Dr A Imperial Beach, CA 91932-1875
Trust Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8851699
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Total area
2,934 SF
Lot
0.51 ac (22,053 SF)
Zoning code
COMMERCIAL
APN
625-181-13-02
UPID
US09-8851699
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
-
Spirit Realty Property Management Company
-
Katy's Cafe Restaurant
-
Brian McCray, Spirit Realty Inc. Real Estate Agency
-
Radiant Realty Real Estate Agency
-
Lani Chau, Spirit Realty Inc. Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$1.43M
Owner & transaction history
C S Johnson 2007 Trust · 1 yrs held
C S Johnson 2007 Trust
since 2024
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Imperial Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+13.1%
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 Imperial Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Imperial Beach 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
$1,425,000
ML approach
$1,425,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,230,000
Current use
MEDICAL BUILDING
$1,390,000
Change: +13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,120,000
Change: -9% · Conversion: Difficult
OFFICE BUILDING
$1,060,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±10% · vs last sale $1.43M (Aug 28 2024)
Last sale anchor
$1.43M
Aug 28 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
$486 / 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
$18,074
Tax year 2024
Assessed value
$1,482,570
Assessed 2024
Previous assessed
$1,482,570
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$728,280
Assessed improvement
$754,290
Applied tax rate
14.0000
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
1998
Heating
NONE
Units
1
Total area
2,934 SF
Lot
0.51 ac (22,053 SF)
Zoning code
COMMERCIAL
APN
625-181-13-02
UPID
US09-8851699
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Imperial Beach, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Imperial Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.1M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1998
Heating
NONE
Units
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
C S Johnson 2007 Trust
Trust
Mailing address
PO BOX 968TH IMPERIAL BCH
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 28, 2024
—
C S Johnson 2007 Trust
George Braudaway
Quit Claim Deed
related
—
Jan 31, 2022
$1,425,000
George Braudaway
Nantucket Rentals LLC
Grant Deed
$930,000 · Home Bank Of California
Jan 31, 2022
—
George Braudaway
Carla Santana Braudaway
Intrafamily Transfer
related
—
Nov 14, 2012
—
Nantucket Rentals LLC
Dickerson,william
Quit Claim Deed
related
—
May 23, 2012
$480,000
William Dickerson
Emerald Holdings INC
Grant Deed
—
Jan 10, 2012
$146,500
Emerald Holdings INC
Sbs Trust Deed Network
Trustees Deed
related
—
Nov 3, 2003
—
Shepard,cory H Tr
Shepard,tr
Quit Claim Deed
related
$900,000 · Seacoast Commerce Bank
Jun 1, 2000
$335,000
Shepard Family Trust 8-27-96
—
Grant Deed
related
—
—
—
Shepard Cory H Tr
—
Deed Of Trust
related
$550,000 · Seacoast Commerce Bank
—
—
Shepard Cory H Tr
—
Deed Of Trust
related
$248,439 · Seacoast Commerce Bank
—
—
Shepard Cory H Tr
—
Deed Of Trust
related
$209,108 · Pacific Trust 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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 700 Seacoast Dr, Unit A?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
