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Property profile & analytics
OFF-MARKET
Retail space
837 Msn Rd 39 Fallbrook, CA 92028-2217
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9902443
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
1,458 SF
Lot
0.18 ac (7,913 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
105-540-51-00
UPID
US09-9902443
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
-
Cultivate Juice Co Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dain Messersmith · 4 yrs held
Dain Messersmith
since 2022
Last sale
$465,000
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Fallbrook, 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 Fallbrook submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fallbrook 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,636
Tax year 2024
Assessed value
$431,766
Assessed 2024
Previous assessed
$431,766
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$228,888
Assessed improvement
$202,878
Applied tax rate
75.0000
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
Heating
NONE
Units
1
Total area
1,458 SF
Lot
0.18 ac (7,913 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
105-540-51-00
UPID
US09-9902443
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Fallbrook, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Fallbrook, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fallbrook. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Dain Messersmith
Individual
Free & Clear · 4 yrs held
Mailing address
3361 PAR DR, OCEANSIDE, CA 92056-1705
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2022
$300,000
Dain Messersmith
Paul Richard Messersmith
Grant Deed
related
—
Feb 25, 2021
$465,000
Paul Richard Messersmith
Village One Associates LLC
Grant Deed
$285,000 · Capcoastal LLC
Feb 25, 2021
—
Paul Richard Messersmith
Norma Messersmith
Intrafamily Transfer
related
—
Oct 2, 2018
—
Village One Associates LLC
Bjj Mine Ent LLC
Quit Claim Deed
related
—
Jun 7, 2018
—
Village One Associates LLC
Bjj Mine Ent LLC
Quit Claim Deed
related
—
Dec 11, 2009
—
Bjj Mine Ent LLC
Succi Carlo J & J A Trust
Quit Claim Deed
related
—
Nov 17, 2009
—
Donald E Terry
Terry,brenda J
Quit Claim Deed
related
—
Nov 9, 2009
—
Howell T L & J B 1990 Trust
Howell,judy D
Quit Claim Deed
related
—
Aug 27, 2009
—
Succi Carlo J & Joann Trust
Succi,carlo J & Joann
Quit Claim Deed
related
—
Aug 12, 2009
—
Joann Succi
Bonds Family 1992 Trust
Quit Claim Deed
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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