Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$12,155,000
Strip malls
9608 Carlton Hls Blvd 40 Santee, CA 92071-1414
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9321543
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1977
Total area
44,650 SF
Lot
4.07 ac (177,289 SF)
Zoning code
COMMERCIAL
APN
380-031-09-00
UPID
US09-9321543
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.16M
Owner & transaction history
Pathways Cmnty Ch Of Santee · 18 yrs held
Pathways Cmnty Ch Of Santee
since 2007
7 recorded transactions
Zoning & alternative use
COMMERCIAL · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$272 / 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
$19,839
Tax year 2024
Assessed value
$6,567,593
Assessed 2024
Previous assessed
$6,567,593
+0.0% YoY
Effective rate
0.30%
On assessed value
Assessed land
$4,334,615
Assessed improvement
$2,232,978
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1977
Heating
NONE
Units
1
Total area
44,650 SF
Lot
4.07 ac (177,289 SF)
Zoning code
COMMERCIAL
APN
380-031-09-00
UPID
US09-9321543
Jurisdiction
SAN DIEGO
Zoning & alternative use
COMMERCIAL · Santee, CAZoning COMMERCIAL · permitted uses
COMMERCIAL · Santee, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1977
Heating
NONE
Units
1
Lot
4.07 ac
Current owner
From public records · entity-resolved
Pathways Cmnty Ch Of Santee
Individual
Mailing address
9638 CARLTON HLS BLVD, SANTEE, CA 92071-1414
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 28, 2021
—
Pathways Cmnty Ch Of Santee INC
—
Deed
related
$2,995,243 · Cass Com'l Bk
Jun 6, 2016
—
Pathways Cmnty Ch Of Santee INC
—
Deed
related
$3,870,000 · Cass Com'l Bk
Oct 29, 2007
$2,810,000
Pathways Cmnty Ch Of Santee
Charities Support Foun INC
Grant Deed
$3,763,000 · San Joaquin Bank
Dec 12, 2005
—
Charities Support Foun INC
Wof Partners
Grant Deed
—
Oct 2, 2003
—
James Y Tsai
Tsai,tu S
Quit Claim Deed
related
—
Mar 28, 2003
$2,875,000
Wof Partners LP
Chen,tr
Grant Deed
$2,090,000 · California Bank & Trust
Dec 10, 1999
—
James Y Etal Tsai
Tsai,tu Shiueh
Quit Claim Deed
related
—
Oct 15, 1997
—
Tu S Tsai
—
Deed Of Trust
related
$1,000,000 · Individual
Jul 31, 1996
$1,540,000
James Y Tsai
Chen Trust
Grant Deed
—
Sep 11, 1990
$2,800,000
Chen Trust
Sunland Partners
Grant Deed
—
—
—
Pathways Cmnty Ch Of Santee INC
—
Loan Modification
related
$3,870,000 · Cass Com'l Bk
—
—
Pathways Cmnty Ch Of Santee INC
—
Loan Modification
related
$2,995,243 · Cass Com'l Bk
—
—
Wof Partners
—
Deed Of Trust
related
$2,792,000 · California Bank & Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 9608 Carlton Hls Blvd, Unit 40?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
