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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Medical Office Space
7309 Broadway Lemon Grove, CA 91945-1510
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9510775
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Total area
1,614 SF
Lot
0.13 ac (5,807 SF)
Zoning code
COMMERCIAL
APN
479-092-02-00
UPID
US09-9510775
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
-
Ultimate Garage Doors Reapir Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$576k
Blend (final)
Blend
$675k
Owner & transaction history
Redeeming Grace Christian Center · 2 yrs held
Redeeming Grace Christian Center
since 2024
Last sale
$675,000
6 recorded transactions
Zoning & alternative use
COMMERCIAL · Lemon Grove, 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 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
$675,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
$510,000
6.5%
$470,000
7%
$435,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$765,000
Current use
AUTO REPAIR, GARAGE
$615,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $675k (May 6 2024)
Last sale anchor
$675k
May 6 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
$418 / 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
$5,203
Tax year 2024
Assessed value
$347,582
Assessed 2024
Previous assessed
$347,582
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$188,521
Assessed improvement
$159,061
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Heating
NONE
Units
1
Total area
1,614 SF
Lot
0.13 ac (5,807 SF)
Zoning code
COMMERCIAL
APN
479-092-02-00
UPID
US09-9510775
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Lemon Grove, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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
MEDICAL BUILDING Current
Est. value
$765,000
AUTO REPAIR, GARAGE
Est. value
$615,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
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
0.13 ac
Current owner
From public records · entity-resolved
Redeeming Grace Christian Center
Individual
Mailing address
1945 PETALUMA DR, CHULA VISTA, CA 91913-1641
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 6, 2024
$675,000
Redeeming Grace Christian Center
John L Marks
Grant Deed
$506,250 · Clearinghouse Dcfi
Dec 16, 2014
$295,000
Marks,john L Trust
Blunk,anthony D & Terrie A
Grant Deed
—
May 8, 2001
$185,000
Anthony D Blunk
Dorman,james V
Grant Deed
$100,000 · Home Bank Of California
Mar 19, 1999
$75,000
James V Dorman
Dorman,lita T
Grant Deed
related
$76,801 · Union Bank Of California
Oct 26, 1995
—
Dorman Wallace D
Dorman,wallace D
Quit Claim Deed
related
—
—
—
Lloyd Goth
—
Deed Of Trust
related
$92,000 · American Mortgage Network INC
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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