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Property profile & analytics
OFF-MARKET
Estimated value
$780,000
Manufacturing properties
9945 Prospect Ave Santee, CA 92071-4318
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-9047723
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1951
Total area
4,410 SF
Lot
0.4 ac (17,300 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
384-190-65-00
UPID
US09-9047723
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
-
Team Auto Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$950k
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$822k
Blend (final)
Blend
$780k
Owner & transaction history
9945 Prospect Holdings LLC
9945 Prospect Holdings LLC
since 2026
Last sale
$765,100
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Santee, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$1.1M
+5.2%
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
$985,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,075,000
Current use
WAREHOUSE, STORAGE
$1,130,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$780k
Range $702k – $858k · ±10% · vs last sale $765k (Apr 28 2020)
Last sale anchor
$765k
Apr 28 2020
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
$177 / 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
$11,498
Tax year 2024
Assessed value
$927,856
Assessed 2024
Previous assessed
$927,856
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$430,590
Assessed improvement
$497,266
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
1951
Heating
NONE
Units
1
Total area
4,410 SF
Lot
0.4 ac (17,300 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
384-190-65-00
UPID
US09-9047723
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
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.1M
INDUSTRIAL (GENERAL) Current
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
1951
Heating
NONE
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
9945 Prospect Holdings LLC
Entity
Mailing address
9135 ALTAMONT RD, LA MESA, CA 91942-3602
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
$2,255
9945 Prospect Holdings LLC
Cortes Anthony
Grant Deed
$1,640,000 · Banner Bank
Jan 22, 2026
—
Cortes Family Trust
—
Deed
related
$320,000 · Enterprise Bank & Trust
Apr 28, 2020
—
Cortes Family Trust
Mauro Family Trust
Quit Claim Deed
related
—
Nov 25, 2015
$765,100
Ernest P Mauro
Penn Henery E
Grant Deed
$421,000 · California Bk&tr
Feb 18, 2004
$115,000
Henry E Penn
Finger,joe A & Maureen
Grant Deed
related
—
Aug 4, 1988
$320,000
Joe A Finger
Goodwin Michael
Trustees Deed
$209,000 · Balboa Thrift & Loan
—
—
Henry E Penn
—
Deed Of Trust
related
$350,000 · Loan Co Of San Diego
—
—
Joe A Finger
—
Deed Of Trust
related
—
—
—
Joe A Finger
—
Deed Of Trust
related
$250,000 · Bank Of America
—
—
Henry E Penn
—
Deed Of Trust
related
$130,000 · Joe A & Maureen Finger
—
—
Joe A Finger
—
Deed Of Trust
related
$295,700 · Money Store California
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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