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Property profile & analytics
OFF-MARKET
Estimated value
$3,925,000
Warehouses
8016 Broadway Lemon Grove, CA 91945-2532
Individually Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9600587
Property profile
Verified
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Year built
2022
Total area
3,383 SF
Lot
1.25 ac (54,450 SF)
Zoning code
COMMERCIAL
APN
475-480-09-00
UPID
US09-9600587
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
-
Public Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.93M
Owner & transaction history
Bariso Lemon Grove Self Storag · 6 yrs held
Bariso Lemon Grove Self Storag
since 2020
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · Lemon Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$5.6M
+359.5%
Neighborhood: shopping center
$3.1M
+152.0%
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
$4,690,000
ML approach
$5,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,560,000
Change: +360% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,050,000
Change: +152% · Conversion: Difficult
Blend value · Realmo final
$3.93M
Range $3.53M – $4.32M · ±10% · vs last sale $3.73M (Feb 28 2020)
Last sale anchor
$3.73M
Feb 28 2020
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
$1,160 / 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
$332,686
Tax year 2024
Assessed value
$27,540,000
Assessed 2024
Previous assessed
$27,540,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$3,774,000
Assessed improvement
$23,766,000
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
Warehouses
Use group
BULK STORAGE, TANKS
Status
Off-Market
Year built
2022
Heating
NONE
Units
838
Total area
3,383 SF
Lot
1.25 ac (54,450 SF)
Zoning code
COMMERCIAL
APN
475-480-09-00
UPID
US09-9600587
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
COMMERCIAL (GENERAL)
Est. value
$5.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2022
Heating
NONE
Units
838
Lot
1.25 ac
Current owner
From public records · entity-resolved
Bariso Lemon Grove Self Storag
Individual
Mailing address
2850 N HARWOOD ST STE #1000, DALLAS, TX 75201-2651
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 23, 2020
—
Bariso Lemon Grove Self Storage LLC
—
Deed
related
$10,727,475 · Crossfirst Bank
Feb 28, 2020
$3,731,818
Bariso Lemon Grove Self Storag
Vm Holdings LLC
Grant Deed
—
Feb 28, 2020
—
Vm Holdings INC
Brian Voytovich
Quit Claim Deed
related
—
Jul 9, 2019
—
Brian Voytovich
—
Deed
related
$500,000 · Precision Invs Svcs LLC
Sep 20, 2013
$2,025,000
Vm Holdings INC
Et Corp
Grant Deed
$1,800,000 · Pacific Premier Bank
Oct 12, 2010
—
Et Corp
Lemon Grove R/e Holdings LLC
Grant Deed
—
Aug 30, 2007
—
Lemon Grove R/e Holdings LLC
—
Deed Of Trust
related
$10,000,000 · North Island Financial Cu
Apr 14, 2006
$1,725,000
Lemon Grove R/e Holdings LLC
Oneal Family Trust
Grant Deed
—
Oct 1, 2003
$545,000
Oneal,tr
Monier,tr
Grant Deed
$436,000 · Us Bank NA
Sep 27, 1995
$125,000
Monier Trust
Jimena,joseph
Grant Deed
—
Sep 30, 1994
$250,000
Monier Family Trust 06-14-93 Umn
—
Grant Deed
related
—
Jun 14, 1994
$195,500
Union Bank
Gk Grove Associa
Trustees Deed
related
—
May 28, 1993
—
James R Horn
—
Grant Deed
related
$337,000 · Bank Of Commerce
—
—
Brian Voytovich
—
Deed Of Trust
related
$500,000 · Precision Invs Svcs LLC
—
—
Brian Voytovich
—
Deed Of Trust
related
$450,000 · Precision Investment Group LLC Precision Investment Group LLC
—
—
James R Horn
—
Deed Of Trust
related
$337,000 · Us Bank NA
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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