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Property profile & analytics
FOR LEASE
Manufacturing properties
920 Armorlite Dr San Marcos, CA 92069
Trust Owned
Absentee Owner
Free & Clear
Property ID
US09-9715732
For Lease
1 / 3
Contact for pricing
920 Armorlite Dr, San Marcos, CA 92069
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Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1986
Total area
7,568 SF
Lot
0.46 ac (19,939 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
219-171-15-00
UPID
US09-9715732
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
-
Nations Roof of California Roofing Company General Contractor
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
The Grygar Family Trust
The Grygar Family Trust
since 2025
Last sale
$75,000
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, 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 San Marcos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Marcos 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
$9,504
Tax year 2024
Assessed value
$855,528
Assessed 2024
Previous assessed
$855,528
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$331,224
Assessed improvement
$524,304
Applied tax rate
13.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1986
Heating
NONE
Units
1
Total area
7,568 SF
Lot
0.46 ac (19,939 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
219-171-15-00
UPID
US09-9715732
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · San Marcos, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · San Marcos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Marcos. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
The Grygar Family Trust
Trust
Free & Clear · 0 yrs held
Mailing address
5138 PACIFICA DR, SAN DIEGO, CA 92109-1504
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
25 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
—
The Grygar Family Trust
The Grygar Family Trust
Deed
related
—
Jul 10, 2025
—
The Distabile Family Trust
The Distabile Family Trust
Deed
related
—
Jun 13, 2023
—
Masters Hill LLC
Donna J Mcclay
Quit Claim Deed
related
—
May 23, 2023
—
Susan P Ballard
Susan P Ballard
Intrafamily Transfer
related
—
Mar 19, 2019
—
Schlappi,elizabeth R Trust
Thomas R Thale II
Affidavit Of Death
related
—
Sep 5, 2018
—
Hammack,jeanne L Trust
Raymond A Grygar
Affidavit Of Death
related
—
Dec 28, 2017
$75,000
Grygar Family Trust
Hammack Jeanne L Trust
Grant Deed
—
Aug 30, 2016
—
Flynn,ann H Trust
Flynn Family Trust
Quit Claim Deed
related
—
Feb 27, 2015
$36,500
Distabile Family Trust
Digirolamo J & R M Trust
Grant Deed
—
Feb 27, 2015
—
Digirolamo,joseph & Rose M Trust
Digirolamo J & R M Trust
Quit Claim Deed
related
—
Feb 27, 2015
$138,000
Distabile Family Trust
Prophett Marian E Trust
Grant Deed
—
Dec 11, 2014
—
Craver,carol Tr
Marian E Prophett
Affidavit Of Death
related
—
Jun 14, 2012
—
Herring-lewis Family Trust
Catherine Herring
Quit Claim Deed
related
—
May 8, 2012
—
Mcclay Family Trust
Donna J Mcclay
Quit Claim Deed
related
—
May 2, 2012
—
Mcclay,donna J
Distabile Thomas M Trust
Quit Claim Deed
related
—
Apr 19, 2012
—
Mcclay,donna J
Thomas M Distabile
Affidavit Of Death
related
—
Nov 21, 2011
—
Herring,catherine & Alan T
Herring Trust
Quit Claim Deed
related
—
Oct 15, 2009
—
Flynn Family Trust
Flynn Raymond F Trust
Quit Claim Deed
related
—
Mar 20, 2009
—
Herring Trust
Herring Trust
Quit Claim Deed
related
—
Sep 25, 2008
—
Herring Trust
Jeraldine H Herring
Affidavit Of Death
related
—
Sep 19, 2008
—
Hammack,jeanne L Trust
Moffitt Andrew L Trust
Quit Claim Deed
related
—
Jul 28, 2008
—
Russell,william
Andrew L Moffitt
Affidavit Of Death
related
—
Jun 22, 2006
—
Schlappi,elizabeth R Trust
Schlappi Elizabeth R Trust
Quit Claim Deed
—
Aug 1, 2001
—
Chicago Trust Co Of Ca Etal
Schlappi,elizabeth Roe
Quit Claim Deed
related
—
Apr 14, 1989
—
Philip Prophett
Banks Marian E
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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