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Property profile & analytics
OFF-MARKET
Estimated value
$7,420,000
Manufacturing properties
9429 Abraham Way Santee, CA 92071-2854
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-9126573
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1985
Total area
49,685 SF
Lot
3.03 ac (131,986 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
381-640-35-00
UPID
US09-9126573
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
-
Quality Controlled Manufacturing Inc Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.75M
Comparable Approach
Comparable
$8.46M
Blend (final)
Blend
$7.42M
Owner & transaction history
Marie S Kish · 8 yrs held
Marie S Kish
since 2018
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Santee, 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 Santee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santee 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$9,475,000
6.5%
$8,745,000
7%
$8,120,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,090,000
Current use
Blend value · Realmo final
$7.42M
Range $6.68M – $8.16M · ±10%
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
$149 / 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
$68,048
Tax year 2024
Assessed value
$5,700,000
Assessed 2024
Previous assessed
$5,700,000
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,970,000
Assessed improvement
$3,730,000
Applied tax rate
16.0000
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
Off-Market
Year built
1985
Heating
NONE
Units
1
Total area
49,685 SF
Lot
3.03 ac (131,986 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
381-640-35-00
UPID
US09-9126573
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Santee, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Santee, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santee. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$12.1M
INDUSTRIAL (GENERAL) Current
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
1985
Heating
NONE
Units
1
Lot
3.03 ac
Current owner
From public records · entity-resolved
Marie S Kish
Individual
Mailing address
9429 ABRAHAM WAY, SANTEE, CA 92071-2854
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 22, 2024
—
William Robert Grande
—
Deed
related
$2,500,000 · Homestreet Bank
Jun 30, 2022
—
Robert Grande
—
Deed
related
$8,000,000 · Homestreet Bank
Mar 15, 2018
—
Marie S Kish
Kish,marie S
Quit Claim Deed
related
$6,000,000 · California Bk&tr
Apr 16, 2008
$6,500,000
William Robert Grande
Donald E Bloom
Grant Deed
$3,900,000 · Wells Fargo Bank NA
Jul 9, 2001
—
Donald E Etal Bloom
Pec Of America Corp
Grant Deed
related
—
Mar 4, 1996
$2,981,000
Pec Of America Corporation
Leonard E Teyssier Trustee
Grant Deed
—
Dec 30, 1991
$2,775,000
Teyssier,leonard
Mundwiler Trust
Trustees Deed
—
Dec 30, 1991
$496,000
Atomic Inv INC
Mundwiler Trust
Trustees Deed
related
—
Oct 27, 1988
$2,700,000
Paul F Mundwiler
Hitt Starker II
Trustees Deed
$1,890,000 · Glendale Federal Bank
Oct 27, 1988
—
Starker Hitt II
Woodside Venture
Trustees Deed
related
—
—
—
Venture Woodside
—
Deed Of Trust
related
$50,000 · Hitt Starker II
—
—
Grande,william R Trust
—
Deed Of Trust
related
$6,000,000 · California Bk&tr
—
—
Bloom Trust
—
Deed Of Trust
related
$2,600,000 · California Bank & Trust
—
—
Bloom Trust
—
Deed Of Trust
related
$1,029,000 · Cdc Small Business Finance Co
—
—
Bloom Trust
—
Deed Of Trust
related
$1,000,000 · California Bank & Trust
—
—
Mundwiler Paul
—
Deed Of Trust
related
$150,000 · Kousens William
—
—
Grande William R Trust
—
Deed Of Trust
related
$1,662,000 · Cdc Small Business Finance Co
—
—
Venture Woodside
—
Deed Of Trust
related
$75,000 · Hitt Starker II
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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