Back to Search
Property profile & analytics
FOR LEASE
Strip malls
751 Center Dr San Marcos, CA 92069
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7994755
For Lease
1 / 2
$5,105,000
751 Center Dr, San Marcos, CA 92069
View Listing →
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
21,446 SF
Lot
1.23 ac (53,578 SF)
Zoning code
COMMERCIAL
APN
226-111-63-00
UPID
US09-7994755
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
-
Love Scrubs Medical Uniforms, San Marcos (Bike/Boat/Book/etc) Store
-
Starbucks Cafe & Coffee Shop
-
Pistons and Palms Pizza Company Restaurant
-
Sushiya Restaurant Restaurant
-
Juice It Up! Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.19M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.11M
Owner & transaction history
San Marcos Ddd Day LLC · 4 yrs held
San Marcos Ddd Day LLC
since 2022
Last sale
$5.3M
6 recorded transactions
Zoning & alternative use
COMMERCIAL · San Marcos, 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 San Marcos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Marcos 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
$4,680,000
ML approach
$5,190,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.11M
Range $4.59M – $5.62M · ±10% · vs last sale $5.28M (Jan 25 2022)
Last sale anchor
$5.28M
Jan 25 2022
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
$238 / 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
$67,663
Tax year 2024
Assessed value
$5,622,084
Assessed 2024
Previous assessed
$5,622,084
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,428,634
Assessed improvement
$4,193,450
Applied tax rate
13.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
For Lease
Year built
2004
Heating
NONE
Units
1
Total area
21,446 SF
Lot
1.23 ac (53,578 SF)
Zoning code
COMMERCIAL
APN
226-111-63-00
UPID
US09-7994755
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · San Marcos, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · San Marcos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Marcos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Units
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
San Marcos Ddd Day LLC
Entity
Mailing address
4751 WILSHIRE BLVD STE #203, LOS ANGELES, CA 90010-3860
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2022
$5,276,500
San Marcos Ddd Day LLC
Uap Nordahl LLC
Grant Deed
—
Jan 25, 2022
$38,000,000
San Marcos Ddd Day LLC
Wpi Nordahl LLC
Grant Deed
—
Jan 25, 2022
$12,311,000
San Marcos Nordahl Marketplace LLC
Uap Nordahl LLC
Grant Deed
—
Jan 2, 2020
—
Wpi-nordahl LLC
Nordahl Marketplace LLC
Quit Claim Deed
—
Jun 19, 2014
—
Nordahl Marketplace LLC
—
Grant Deed
related
$35,500,000 · Preferred Bk
—
—
Nordahl Marketplace LLC
—
Deed Of Trust
related
$42,000,000 · Miscellaneous Ins Co
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?”
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.
