Technical
Financial
Distress signals
Property profile

8807 Grossmont Blvd 11 La Mesa, CA 91942

OFF-MARKET
Turn key restaurants
Property ID
US10-0001052
4,580 SF 0.69 ac lot Built 1966
Individually Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1966
Total area 4,580 SF
Lot 0.69 ac (29,892 SF)
Zoning code COMMERCIAL
APN 490-660-30-00
UPID US10-0001052

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic
  • Real Estate Agency

Location

8807 Grossmont Blvd, Unit 11 La Mesa, CA 91942-9026
La Mesa metro Census 14902 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.98M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.11M
Blend (final) Blend
$3.15M

Owner & transaction history

since 2020
Last sale
$2.5M
6 recorded transactions
2020
$2.5M
2020
Price N/A
2013
Price N/A
2013
Price N/A
2012
Price N/A
2012
Price N/A

Zoning & alternative use

COMMERCIAL · La Mesa, CA
Top alternative use upside
Neighborhood: shopping center $4.1M +37.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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