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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Industrial properties
9920 Prospect Ave 11 Santee, CA 92071-4349
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9104910
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1988
Total area
1,928 SF
Lot
3.11 ac (135,337 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
384-162-42-11
UPID
US09-9104910
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
-
TLC Plumbing Inc. Plumbing Service General Contractor
-
Ahlee Backflow Enterprises Plumbing Service General Contractor
-
Watts Engineering Engineer
-
Hopper Systems IT Consulting Firm (Bike/Boat/Book/etc) Store
-
Technical Sports One Auto Parts Store Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$700k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$597k
Blend (final)
Blend
$700k
Owner & transaction history
Cantor Investment Properties LLC · 1 yrs held
Cantor Investment Properties LLC
since 2024
Last sale
$700,000
6 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Santee, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$915,000
+95.0%
Auto repair, garage
$735,000
+56.9%
Office building
$695,000
+48.0%
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
$700,000
ML approach
$700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$470,000
Current use
MEDICAL BUILDING
$915,000
Change: +95% · Conversion: Difficult
AUTO REPAIR, GARAGE
$735,000
Change: +57% · Conversion: Easy
OFFICE BUILDING
$695,000
Change: +48% · Conversion: Difficult
WAREHOUSE, STORAGE
$495,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $700k (Oct 25 2024)
Last sale anchor
$700k
Oct 25 2024
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
$363 / 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
$7,301
Tax year 2024
Assessed value
$612,000
Assessed 2024
Previous assessed
$612,000
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$280,500
Assessed improvement
$331,500
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1988
Heating
NONE
Units
1
Total area
1,928 SF
Lot
3.11 ac (135,337 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
384-162-42-11
UPID
US09-9104910
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
$470,000
MEDICAL BUILDING
Est. value
$915,000
AUTO REPAIR, GARAGE
Est. value
$735,000
OFFICE BUILDING
Est. value
$695,000
WAREHOUSE, STORAGE
Est. value
$495,000
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1988
Heating
NONE
Units
1
Lot
3.11 ac
Current owner
From public records · entity-resolved
Cantor Investment Properties LLC
Entity
Mailing address
1410 S MAGNOLIA AVE, EL CAJON, CA 92020-7528
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2024
$700,000
Cantor Investment Properties LLC
Eastside Enterprises LLC
Grant Deed
—
Feb 10, 2023
—
Eastside Enterprises LLC
—
Deed
related
$425,750 · Calprivate Bank
Aug 11, 2022
$600,000
Eastside Enterprises LLC
Arnold Goularte JR
Grant Deed
—
Sep 1, 2011
$269,000
Arnold Goularte JR.
Jackson Pendo Venture Business
Grant Deed
$215,200 · Ironstone Bank
Feb 28, 2006
—
Jackson Pendo Venture Busn Pk
Owner Name Unavailable
Grant Deed
related
$6,131,250 · Southwest Community Bank
—
—
Jackson Pendo Indl Ptrs LP
—
Deed Of Trust
related
$210,000 · Cuyamaca Industrial Gp LLC
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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