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Property profile & analytics
FOR SALE
Retail space
7559 Broadway Lemon Grove, CA 91945
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-7190493
For Sale
1 / 6
$5,900,000
7559 Broadway, Lemon Grove, CA 91945
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1960
Total area
8,512 SF
Lot
0.35 ac (15,281 SF)
Zoning code
COMMERCIAL
APN
480-081-19-00
UPID
US09-7190493
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
-
Meza Paints Hardware & Home Improvement Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.06M
Comparable Approach
Comparable
$2.41M
Blend (final)
Blend
$2.66M
Owner & transaction history
Quick Quack Car Holdings LLC
Quick Quack Car Holdings LLC
since 2025
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Lemon Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$4.0M
+41.9%
Auto repair, garage
$3.3M
+14.1%
Office building
$3.1M
+7.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,230,000
6.5%
$2,055,000
7%
$1,910,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,850,000
Current use
MEDICAL BUILDING
$4,040,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,250,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$3,070,000
Change: +8% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,680,000
Change: -6% · Conversion: Difficult
Blend value · Realmo final
$2.66M
Range $2.39M – $2.92M · ±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
$312 / 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
$16,804
Tax year 2024
Assessed value
$1,326,510
Assessed 2024
Previous assessed
$1,326,510
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$468,180
Assessed improvement
$858,330
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1960
Heating
NONE
Units
1
Total area
8,512 SF
Lot
0.35 ac (15,281 SF)
Zoning code
COMMERCIAL
APN
480-081-19-00
UPID
US09-7190493
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
RETAIL STORES Current
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$4.0M
AUTO REPAIR, GARAGE
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.7M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1960
Heating
NONE
Units
1
Lot
0.35 ac
Current owner
From public records · entity-resolved
Quick Quack Car Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
9819 MIRA MESA BLVD, SAN DIEGO, CA 92131-1004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2025
—
2926 University LLC
—
Deed
related
$4,000,000 · Axos Bank
Sep 16, 2025
—
Quick Quack Car Holdings LLC
2926 University LLC
Deed
—
Aug 20, 2025
—
2926 University LLC
2926 University LLC
Deed
related
—
Mar 11, 2022
$3,750,000
2926 University LLC
Marianna Askitopoulos
Grant Deed
$2,250,000 · Axos Bank
Dec 31, 2020
—
Marianna Askitopoulos
Coss Family Trust A
Quit Claim Deed
related
—
Oct 31, 2018
—
Coss Family Trust
Coss Family Trust
Quit Claim Deed
related
—
Mar 18, 2014
$875,000
Coss Family Trust
Meram Family Trust
Grant Deed
—
Mar 18, 2013
—
Meram Family Trust
Rahimzadeh,mohamad H
Grant Deed
—
Apr 9, 2009
—
Mohamad H Rahimzadeh
Rahimzadeh,zinat
Quit Claim Deed
related
—
Apr 9, 2009
$1,150,000
Mohamad H Rahimzadeh
Meram Family Trust
Grant Deed
$900,000 · Meram Family Trust
Apr 30, 2002
$600,000
Thomas Meram
Clark Trust
Grant Deed
$355,000 · Wells Fargo Bank
Jan 14, 1999
—
Clifton E Etal Clark
Clark,clifton E & Helen J
Quit Claim Deed
related
—
—
—
Clifton E Clark
—
Deed Of Trust
related
—
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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