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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    809 Discovery St San Marcos, CA 92078-1152

    • Mobile home & RV parks
    • 14.83 lot acres
    OFF-MARKET
    Value Estimations
    $625,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9719652
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Lakeview Mobile Estates / Mobile Home Park
    • pets and homes love me / House Cleaning Service
    • Dakota Construction Co / Construction Company

    Property Details for 809 Discovery St

    Year built
    1971
    Lot size
    14.83 lot acres
    Zone code
    RESTRICTED COMMERCIAL
    Property type
    Mobile home & RV parks
    APN
    221-062-09-00
    APU
    2210620900

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $625,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    San Diego
    State
    California
    Longitude
    -117.184
    Latitude
    33.1303
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $38,875
    $2,182,469
    $1,302,957
    $3,485,426
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $660,000
      19.17 Acres

      1286 Discovery St

      MOBILE HOME PARK, TRAILER PARK • 19.17 Acres
      1286 Discovery St, San Marcos, CA 92078-1608
      View Details
    • Value Estimation
      $300,000
      19.25 Acres

      1286 Discovery St

      MOBILE HOME PARK, TRAILER PARK • 19.25 Acres
      1286 Discovery St, San Marcos, CA 92078-1608
      View Details
    • Value Estimation
      $820,000
      74.29 Acres

      1930 San Marcos Blvd

      MOBILE HOME PARK, TRAILER PARK • 74.29 Acres
      1930 San Marcos Blvd, San Marcos, CA 92078-3909
      View Details
    • Value Estimation
      $400,000
      11.50 Acres

      San Marcos, CA 92078

      MOBILE HOME PARK, TRAILER PARK • 11.50 Acres
      San Marcos, CA 92078
      View Details
    • Value Estimation
      $425,000
      40.71 Acres

      650 Rancho Santa Fe Rd

      MOBILE HOME PARK, TRAILER PARK • 40.71 Acres
      650 Rancho Santa Fe Rd, San Marcos, CA 92078-3938
      View Details
    • Value Estimation
      $740,000
      1,588 SF

      1241 San Marcos Blvd

      MOBILE HOME PARK, TRAILER PARK • 1,588 SF
      1241 San Marcos Blvd, San Marcos, CA 92078-4033
      View Details

    Similar Nearby for Sale

    • $199,900

      Spacious Home in 55+ Park

      Two-bedroom, two-bathroom home in a 55+ rent-controlled park.
      1286 Discovery St, San Marcos, CA 92078
      View Details
    • $265,000

      Home in 5-Star Park

      Home in a warm, friendly community with many activities.
      650 S Rancho Santa Fe. Rd, San Marcos, CA 92078
      View Details
    • $324,500
      1,368 SF

      Updated Home in 55+ Community

      Updated home in resort-style 55+ community with rent control.
      3535 Linda Vista Dr, San Marcos, CA 92078
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    • $849,000
      1,442 SF

      Stylish Townhome in San Elijo

      Tri-level townhome with resort-style amenities in San Elijo Hills.
      1440 Clearview Way, San Marcos, CA 92078
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    • $750,000
      1,480 SF

      San Marcos Townhome Overlooking San Elijo Park

      Immaculate tri-level townhome in Village Square at San Elijo Hills.
      1159 E Elfin Forest Rd E, San Marcos, CA 92078
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    • $699,000
      1,258 SF

      San Elijo Hills Townhome

      Tranquil end-unit townhome in the heart of San Elijo Hills.
      1399 Cattail Ct, San Marcos, CA 92078
      View Details

    Similar Nearby for Lease

    • $3,500 /Mo
      1,481 SF

      Upgraded Townhome in San Elijo

      Three-story townhome with flexible space and hillside views for rent.
      1372 Dandelion Way, San Marcos, CA 92078
      View Details
    • Contact for pricing
      3,600 SF

      San Marcos Flex/Industrial Space

      3,600 SF flex/industrial space available for lease.
      1790 La Costa Meadows Dr, San Marcos, CA 92078
      View Details
    • $1.66 SF/Yr
      3,000 SF

      San Marcos Industrial Space Available

      Industrial space with yard available for lease in San Marcos.
      330 S Pacific St, San Marcos, CA 92078
      View Details
    • Contact for pricing
      2,625 SF

      Retail Space Near San Marcos High

      Retail space with patio opportunity near high-traffic area.
      675 S Rancho Santa Fe Rd, San Marcos, CA 92078
      View Details
    • Contact for pricing
      40,000 SF

      Retail Space in Grand Plaza

      Retail space available in a busy San Marcos community center.
      153-197 Las Posas Rd, San Marcos, CA 92078
      View Details
    • $1.65 SF/Yr
      1,200 SF

      San Marcos Warehouse Space Available

      Warehouse space featuring reception/office area and restroom.
      1269-1295 Linda Vista Dr, San Marcos, CA 92078
      View Details
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    809 Discovery St
    San Marcos, CA 92078-1152
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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