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Property profile & analytics
OFF-MARKET
Estimated value
$4,040,000
Retail space
736 Montecito Way, Ramona, CA 92065-1622
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-9877115
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1961
Total area
1,107 SF
Lot
0.95 ac (41,382 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
281-521-13-00
UPID
US09-9877115
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
-
Ramona Cannabis Company (Bike/Boat/Book/etc) Store
-
Bear Flag Co-Packing (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.04M
Owner & transaction history
Brreakaway Holdings LLC · 5 yrs held
Brreakaway Holdings LLC
since 2021
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Ramona, 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 Ramona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ramona 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
$4,265,000
ML approach
$4,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.04M
Range $3.64M – $4.44M · ±10% · vs last sale $3.86M (May 3 2021)
Last sale anchor
$3.86M
May 3 2021
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
$3,650 / 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
$9,900
Tax year 2024
Assessed value
$896,720
Assessed 2024
Previous assessed
$896,720
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$848,966
Assessed improvement
$47,754
Applied tax rate
65.0000
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
1961
Heating
NONE
Units
1
Bathrooms
2
Total area
1,107 SF
Lot
0.95 ac (41,382 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
281-521-13-00
UPID
US09-9877115
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Ramona, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Ramona, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ramona. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Heating
NONE
Units
1
Bathrooms
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Brreakaway Holdings LLC
Entity
Mailing address
736 MONTECITO WAY, RAMONA, CA 92065-1622
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jan 9, 2025
—
Breakway Holdings LLC
—
Deed
related
$400,000 · Ltv Private Equity Fund LLC
May 3, 2021
$3,855,000
Brreakaway Holdings LLC
Lli Holdings LLC
Grant Deed
—
Feb 1, 2016
$1,050,000
Lli Holdings LLC
Aloha Lumber & Truss INC
Grant Deed
—
Jul 17, 2008
$10,000
Aloha Lumber & Truss INC
Maxwell,charles B & Karen L
Grant Deed
$75,000 · Stewart Canyon Associates INC
Mar 1, 2000
$179,000
Charles B Maxwell
Tribbey Trust
Grant Deed
$170,050 · Washington Mutual Fsb
Oct 9, 1997
—
Edwin A Tribbey
Tribbey,edwin A Etal
Quit Claim Deed
related
—
—
—
Charles B Maxwell
—
Deed Of Trust
related
$50,000 · Greenlight Financial Services
—
—
Charles B Maxwell
—
Deed Of Trust
related
$18,000 · Stewart Canyon Associates INC
—
—
Charles B Maxwell
—
Deed Of Trust
related
$171,000 · Washington Mutual Fsb
—
—
Charles B Maxwell
—
Deed Of Trust
related
$211,000 · Sierra Pacific Mortgage
—
—
Charles B Maxwell
—
Deed Of Trust
related
$257,000 · Greenlight Financial Services
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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