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Property profile & analytics
OFF-MARKET
Estimated value
$13,510,000
Grocery and convenience stores
720 3rd Ave Chula Vista, CA 91910-5804
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9465235
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1996
Total area
61,478 SF
Lot
5.88 ac (256,132 SF)
Zoning code
COMMERCIAL
APN
573-320-45-00
UPID
US09-9465235
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
-
Primo Water Refill & Exchange Big Box & Wholesale Store
-
KeyMe Locksmiths Locksmith (Bike/Boat/Book/etc) Store
-
Albertsons Floral (Bike/Boat/Book/etc) Store Florist
-
Budget Blinds (Bike/Boat/Book/etc) Store Home Decor Store
-
Volta Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.93M
Comparable Approach
Comparable
$9.88M
Blend (final)
Blend
$13.51M
Owner & transaction history
Safeway Realty LLC · 3 yrs held
Safeway Realty LLC
since 2022
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Chula Vista, 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 Chula Vista submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chula Vista 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%
$15,090,000
6.5%
$13,925,000
7%
$12,930,000
Blend value · Realmo final
$13.51M
Range $12.16M – $14.86M · ±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
$220 / 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
$200,555
Tax year 2024
Assessed value
$17,137,377
Assessed 2024
Previous assessed
$17,137,377
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$6,640,053
Assessed improvement
$10,497,324
Applied tax rate
1.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1996
Heating
NONE
Units
1
Total area
61,478 SF
Lot
5.88 ac (256,132 SF)
Zoning code
COMMERCIAL
APN
573-320-45-00
UPID
US09-9465235
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Chula Vista, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · Chula Vista, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chula Vista. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Units
1
Lot
5.88 ac
Current owner
From public records · entity-resolved
Safeway Realty LLC
Entity
Mailing address
250 E PARKCENTER BLVD, BOISE, ID 83706-3940
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Nov 14, 2022
—
Safeway Realty LLC
Aci Real Estate Spe 144 LLC
Special Warranty Deed
—
Aug 4, 2020
—
Aci Real Estate Spe 144 LLC
Albertsons Stores Sub LLC
Quit Claim Deed
—
Feb 27, 2018
—
Albertsons Stores Sub LLC
—
Deed
related
$130,500,000 · Credit Suisse Lending LLC
Dec 20, 2017
—
Albertsons Stores Sub LLC
Abs Ca-o LLC
Quit Claim Deed
—
Apr 12, 2013
—
Abs Ca-o LLC
Asp Realty INC
Warranty Deed
—
Jul 19, 2006
—
Asp Realty INC
American Stores Properties LLC
Grant Deed
—
Dec 23, 1993
$4,000,000
American Stores Properties INC
First United Met
Grant Deed
—
—
—
Abs Ca-o LLC
—
Deed Of Trust
related
$1,145,000,000 · * Other Institutional Lenders
—
—
Methodist Church Chula Vis First
—
Deed Of Trust
related
$600,000 · American Stores
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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