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Property profile & analytics
OFF-MARKET
Estimated value
$1,495,000
Retail space
7931 Broadway Lemon Grove, CA 91945-1809
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9600639
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1947
Total area
4,645 SF
Lot
0.3 ac (13,225 SF)
Zoning code
COMMERCIAL
APN
480-112-09-00
UPID
US09-9600639
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
-
RightNow Process Service Law Firm
-
AAA Imaging (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.49M
CAP Approach
CAP
$1.13M
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.50M
Owner & transaction history
Project Aware Enterprises INC · 2 yrs held
Project Aware Enterprises INC
since 2023
Last sale
$1.5M
6 recorded transactions
Zoning & alternative use
COMMERCIAL · Lemon Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.2M
+41.9%
Auto repair, garage
$1.8M
+14.1%
Office building
$1.7M
+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
$1,535,000
ML approach
$1,490,000
CAP Approach
CAP Return
Estimation
6%
$1,215,000
6.5%
$1,125,000
7%
$1,040,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,555,000
Current use
MEDICAL BUILDING
$2,205,000
Change: +42% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,775,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$1,675,000
Change: +8% · Conversion: Easy
WAREHOUSE, STORAGE
$1,315,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.64M · ±10% · vs last sale $1.48M (Dec 12 2023)
Last sale anchor
$1.48M
Dec 12 2023
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
$322 / 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
$19,133
Tax year 2024
Assessed value
$1,475,000
Assessed 2024
Previous assessed
$1,475,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$775,000
Assessed improvement
$700,000
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
Off-Market
Year built
1947
Heating
NONE
Units
1
Total area
4,645 SF
Lot
0.3 ac (13,225 SF)
Zoning code
COMMERCIAL
APN
480-112-09-00
UPID
US09-9600639
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
$1.6M
MEDICAL BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.7M
WAREHOUSE, STORAGE
Est. value
$1.3M
RETAIL STORES Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1947
Heating
NONE
Units
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
Project Aware Enterprises INC
Entity
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Dec 12, 2023
$1,475,000
Project Aware Enterprises INC
The Riz Enterprises INC
Grant Deed
$615,000 · Business Finance Capital
Dec 12, 2023
—
Project Aware Enterprises INC
—
Deed
related
$598,340 · Harvest Commercial Capital LLC
Nov 18, 1997
$230,000
On The Riz Enterprises INC
Darby,jack R & Geraldine M
Grant Deed
$226,000 · Bank Of Commerce
—
—
On Riz Ents INC
—
Loan Modification
related
$190,000 · California Bank & Trust
—
—
Ritz Enterprises INC
—
Deed Of Trust
related
$245,000 · California Bank & Trust
—
—
Riz Ents INC
—
Deed Of Trust
related
$225,000 · California Bank & Trust
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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