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Property profile & analytics
OFF-MARKET
Retail space
8481 Fletcher Pkwy 97 La Mesa, CA 91942-3005
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9141823
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Total area
36,024 SF
Lot
2.93 ac (127,630 SF)
Zoning code
COMMERCIAL
APN
490-200-44-00
UPID
US09-9141823
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
-
Office Depot (Bike/Boat/Book/etc) Store
-
FedEx ShipSite Postal Service Courier Service
-
Coinhub Bitcoin ATM Teller Atm
-
CDReload by Crypto Dispensers Atm Crypto Atm
-
Office Depot Tech Services Tech Support Center IT Consulting Firm
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
Bank Of America National Associatio · 1 yrs held
Bank Of America National Associatio
since 2025
Last sale
$320,000
7 recorded transactions
Zoning & alternative use
COMMERCIAL · 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
—
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
$54,563
Tax year 2024
Assessed value
$4,310,363
Assessed 2024
Previous assessed
$4,310,363
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,324,191
Assessed improvement
$1,986,172
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
Heating
NONE
Units
2
Total area
36,024 SF
Lot
2.93 ac (127,630 SF)
Zoning code
COMMERCIAL
APN
490-200-44-00
UPID
US09-9141823
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · La Mesa, CA
Zoning COMMERCIAL · permitted uses
COMMERCIAL · 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
Heating
NONE
Units
2
Lot
2.93 ac
Current owner
From public records · entity-resolved
Bank Of America National Associatio
Entity
Mailing address
18676 AVENIDA CORDILLERA, SAN DIEGO, CA 92128-1528
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
—
Bank Of America National Associatio
Ccrt Properties
Deed
related
—
May 14, 2019
—
Ccrt Properties
—
Grant Deed
related
$14,000,000 · San Diego Cnty Cu
Jun 2, 2017
—
Ccrt Properties
—
Grant Deed
related
$12,250,000 · San Diego Cnty Cu
Aug 10, 2012
—
Ccrt Properties
Moore T M & B T 1983 Trust 1
Quit Claim Deed
related
—
Jun 19, 1990
—
Ccrt Properties
—
Grant Deed
related
$1,400,000 · Wells Fargo Bank
May 23, 1989
$320,000
Ccrt Properties
Edwords Norman H
Grant Deed
—
—
—
Ccrt Properties
—
Deed Of Trust
related
$11,750,000 · San Diego County Cu
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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