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Property profile & analytics
OFF-MARKET
Estimated value
$2,045,000
Parking lots & garages
885 Washington Ave El Cajon, CA 92020-5329
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8998185
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1950
Total area
2,550 SF
Lot
0.55 ac (23,958 SF)
Zoning code
COMMERCIAL
APN
493-104-71-00
UPID
US09-8998185
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
-
Autohaus Stebel, Inc. Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.06M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.42M
Blend (final)
Blend
$2.05M
Owner & transaction history
The Chaldean Catholic Diocese Of St · 3 yrs held
The Chaldean Catholic Diocese Of St
since 2023
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.3M
+55.5%
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 El Cajon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Cajon 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
Method
Estimation
Statistic approach
$2,135,000
ML approach
$2,055,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$1,480,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,295,000
Change: +55% · Conversion: Difficult
Blend value · Realmo final
$2.05M
Range $1.84M – $2.25M · ±10% · vs last sale $2.00M (May 17 2023)
Last sale anchor
$2.00M
May 17 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$802 / 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
$9,573
Tax year 2024
Assessed value
$2,040,000
Assessed 2024
Previous assessed
$2,040,000
+0.0% YoY
Effective rate
0.47%
On assessed value
Assessed land
$1,938,000
Assessed improvement
$102,000
Applied tax rate
3.0000
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1950
Heating
NONE
Units
1
Total area
2,550 SF
Lot
0.55 ac (23,958 SF)
Zoning code
COMMERCIAL
APN
493-104-71-00
UPID
US09-8998185
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · El Cajon, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · El Cajon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$1.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
PARKING LOT Current
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Heating
NONE
Units
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
The Chaldean Catholic Diocese Of St
Individual
Mailing address
1627 JAMACHA WAY, EL CAJON, CA 92019-4124
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2023
$2,000,000
The Chaldean Catholic Diocese Of St
Jmrkb Properties LLC
Grant Deed
$1,165,000 · Jmrkb Properties LLC
Dec 23, 2015
$1,000,000
Jmrkb Properties LLC
Stebel,bryan
Grant Deed
$506,000 · Bank Of Sthrn Ca
Apr 1, 2008
—
Bryan Stebel
Stebel,melissa
Quit Claim Deed
related
—
Jul 9, 1993
—
Stebel,trust
Stebel,albert M
Quit Claim Deed
related
$25,500 · Peninsula Bank San Diego
Aug 30, 1988
—
Albert M Stebel
Stebel Waltraud
Quit Claim Deed
related
$80,000 · Peninsula Bank San Diego
—
—
Jmrkb Properties LLC
—
Deed Of Trust
related
$506,000 · Bank Of Sthrn Ca
—
—
Bryan Stebel
—
Deed Of Trust
related
$200,000 · Mark S Austerlitz Md INC
—
—
Stebel Trust
—
Deed Of Trust
related
$29,783 · Peninsula Bank San Diego
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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