Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,930,000
Medical Office Space
704 Grand Ave 16 Escondido, CA 92025-4405
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9567005
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Total area
7,995 SF
Lot
0.56 ac (24,393 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
230-162-16-00
UPID
US09-9567005
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
-
Escondido Family Medicine - Mountain Health Community Health Centre
-
San Ysidro Health Family Medicine Medical Clinic
-
Stagmoor Quick Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.06M
CAP Approach
CAP
$2.19M
Comparable Approach
Comparable
$3.33M
Blend (final)
Blend
$2.93M
Owner & transaction history
Centro De Salud De La Comunida · 5 yrs held
Centro De Salud De La Comunida
since 2020
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
RESTRICTED COMMERCIAL · Escondido, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
Planning | Escondido, CA
Top alternative use upside
Auto repair, garage
$3.1M
+26.1%
Office building
$2.9M
+19.1%
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 Escondido submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Escondido 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
$3,000,000
ML approach
$3,055,000
CAP Approach
CAP Return
Estimation
6%
$2,370,000
6.5%
$2,190,000
7%
$2,030,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,420,000
Current use
AUTO REPAIR, GARAGE
$3,050,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$2,885,000
Change: +19% · Conversion: Easy
WAREHOUSE, STORAGE
$2,195,000
Change: -9% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,945,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$2.93M
Range $2.64M – $3.22M · ±10% · vs last sale $2.83M (Sep 24 2020)
Last sale anchor
$2.83M
Sep 24 2020
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
$366 / 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
$70
Tax year 2024
Assessed value
$3,003,218
Assessed 2024
Previous assessed
$3,003,218
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$1,061,208
Assessed improvement
$1,942,010
Applied tax rate
4.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1973
Heating
NONE
Units
1
Total area
7,995 SF
Lot
0.56 ac (24,393 SF)
Zoning code
RESTRICTED COMMERCIAL
APN
230-162-16-00
UPID
US09-9567005
Jurisdiction
SAN DIEGO
Zoning & alternative use
RESTRICTED COMMERCIAL · Escondido, CAZoning RESTRICTED COMMERCIAL · permitted uses
RESTRICTED COMMERCIAL · Escondido, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Planning | Escondido, CA
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$3.1M
OFFICE BUILDING
Est. value
$2.9M
WAREHOUSE, STORAGE
Est. value
$2.2M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1973
Heating
NONE
Units
1
Lot
0.56 ac
Current owner
From public records · entity-resolved
Centro De Salud De La Comunida
Individual
Mailing address
1601 PRECISION PARK LN, SAN YSIDRO, CA 92173-1345
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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 19, 2021
—
Centro De Salud De La Comunidad De
—
Deed
related
$18,730,000 · Zb NA
Sep 24, 2020
$2,830,000
Centro De Salud De La Comunida
704 E Grand Ave LLC
Grant Deed
—
Jun 18, 2018
—
704 E Grand Ave LLC
—
Deed
related
$750,000 · Winkler Trust (pt)
Jun 30, 2016
$810,000
704 E Grand Ave LLC
Wibs Grand LLC
Grant Deed
—
Jan 21, 2011
—
Wibs Grand LLC
Ishaque,saleem
Grant Deed
—
Aug 4, 2006
$1,700,000
Saleem Ishaque
Fig & Grand Avenue Associates LLC
Grant Deed
$1,207,500 · Wells Fargo Bank NA
Aug 4, 2006
—
Saleem Ishaque
Ishaque,mary
Quit Claim Deed
related
—
May 4, 2000
$460,000
Fig & Grand Avenue Assoc LLC
Monaco,gertrude
Grant Deed
$360,000 · Valley Independent Bank
—
—
704 E Grand Ave LLC
—
Deed Of Trust
related
$750,000 · Winkler Trust (pt)
—
—
Fig & Grand Avenue Associates
—
Deed Of Trust
related
$61,250 · Wells Fargo Bank
—
—
Fig & Grand Avenue Associates
—
Deed Of Trust
related
$500,000 · Wells Fargo 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 704 Grand Ave, Unit 16?
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.
