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Property profile & analytics
OFF-MARKET
Automotive properties
8970 La Mesa Blvd La Mesa, CA 91942-0849
Entity Owned
7-yr Hold
Free & Clear
Property ID
US09-9152990
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Lot
1.17 ac (50,965 SF)
Zoning code
COMMERCIAL
APN
490-450-12-00
UPID
US09-9152990
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
-
Mr. Vince's Auto Repair Auto Repair Shop
-
Kaizen Collision Center | Auto Body Shop Auto Repair Shop
-
Penske Ford Parts Auto Parts Store
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Penske Collision La Mesa Auto Repair Shop
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Sedano Ford Car Dealership Auto Repair Shop
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
City Of La Mesa · 7 yrs held
City Of La Mesa
since 2019
5 recorded transactions
Zoning & alternative use
COMMERCIAL · La Mesa, CA
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
$32,542
Tax year 2024
Assessed value
$719,765
Assessed 2024
Previous assessed
$719,765
+0.0% YoY
Effective rate
4.52%
On assessed value
Assessed land
$597,426
Assessed improvement
$122,339
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Heating
NONE
Lot
1.17 ac (50,965 SF)
Zoning code
COMMERCIAL
APN
490-450-12-00
UPID
US09-9152990
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · La Mesa, CAZoning 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
Source
code of ordinances
Building & site characteristics
From public records
Heating
NONE
Lot
1.17 ac
Current owner
From public records · entity-resolved
City Of La Mesa
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 188, LA MESA, CA 91944-0188
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2024
—
Lincoln Of Lm INC
—
Deed
related
$23,391,134 · Fird Nitir Credit Company LLC
Mar 9, 2023
—
Sedano Ford Of Lm INC
—
Deed
related
$23,391,134 · Ford Motor Credit Co
Jan 22, 2019
—
City Of La Mesa
Drew Family Investments LP
Grant Deed
—
Aug 8, 2018
—
Pf Automotive LLC
—
Grant Deed
related
$25,785,000 · Ford Motor Credit
Oct 7, 1988
$559,500
Joseph C Drew
Drew Elmer J
Grant 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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