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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Retail space
8383 Ctr Dr La Mesa, CA 91942-2923
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9151297
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Total area
5,406 SF
Lot
0.92 ac (40,075 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
490-622-20-00
UPID
US09-9151297
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
-
Aesthetician Em Hair Salon Nail Salon
-
Monique Straub Studio/Gallery Art Gallery
-
Massage Kneads You! Alternative Medicine Practice Spa & Massage Center
-
HHJ Trial Attorneys: Accident & Personal Injury Lawyers Law Firm
-
The Reading Room Consultant Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Prosperous Properties LLC · 2 yrs held
Prosperous Properties LLC
since 2024
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · La Mesa, 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 La Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Mesa 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
$166 / 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
$11,455
Tax year 2024
Assessed value
$822,919
Assessed 2024
Previous assessed
$822,919
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$376,728
Assessed improvement
$446,191
Applied tax rate
5.0000
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
1965
Heating
NONE
Units
1
Total area
5,406 SF
Lot
0.92 ac (40,075 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
490-622-20-00
UPID
US09-9151297
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · La Mesa, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · La Mesa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
La Mesa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Heating
NONE
Units
1
Lot
0.92 ac
Current owner
From public records · entity-resolved
Prosperous Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
467 CORTE CALYPSO AVE, CHULA VISTA, CA 91914-4433
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2026
—
Prosperous Properties LLC
—
Deed
related
$1,363,414 · Us Bank NA
Jul 1, 2024
—
Prosperous Properties LLC
Paul C Fjeldsted
Grant Deed
—
Nov 24, 2020
$2,510,500
Mrd Hillcrest LLC
Krause J 1999 Marital Trust
Grant Deed
—
Nov 24, 2020
—
Krause,j C 1999 Marital Trust
Mell 45 LLC
Quit Claim Deed
—
Sep 1, 2015
$10,212,500
Mell 45 LLC
Montezuma Land Co LLC
Grant Deed
$3,912,100 · First Republic Bank
Aug 24, 2015
—
Montezuma Land Co LLC
Nute,jeannette E
Quit Claim Deed
related
—
Sep 30, 2004
—
Montezuma Land Co LLC
Owner Name Unavailable
Grant Deed
related
—
Sep 22, 2003
—
Evenson,tr
Evenson,anita M
Quit Claim Deed
related
—
Jul 3, 2003
—
Montezuma Land Co LLC
Evenson,tr
Quit Claim Deed
related
—
Nov 21, 1988
—
William Evenson
Cal First Bank
Quit Claim Deed
related
—
Sep 27, 1988
—
Catherin Evenson
Cal First Bank
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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