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Property profile & analytics
OFF-MARKET
Manufacturing properties
1035 Palmetto Way I, Carpinteria, CA 93013-2849
Individually Owned
20-yr Hold
~
Est. High Equity
Property ID
US09-1699281
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Total area
1,344 SF
Lot
0.04 ac (1,742 SF)
APN
001-350-029
UPID
US09-1699281
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
-
Dar Construction Engineer
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
Sean Dawson · 20 yrs held
Sean Dawson
since 2005
7 recorded transactions
Zoning & alternative use
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 Carpinteria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carpinteria 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
$3,691
Tax year 2024
Assessed value
$271,097
Assessed 2024
Previous assessed
$271,097
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$121,992
Assessed improvement
$149,105
Applied tax rate
5.0000
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
1973
Heating
NONE
Bathrooms
1
Total area
1,344 SF
Lot
0.04 ac (1,742 SF)
APN
001-350-029
UPID
US09-1699281
Jurisdiction
SANTA BARBARA
Zoning & alternative use
Zoning · permitted uses
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
1973
Heating
NONE
Bathrooms
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Sean Dawson
Individual
Mailing address
1035 PALMETTO WAY APT I, CARPINTERIA, CA 93013-2849
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
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
Nov 29, 2005
—
Sean Dawson
Sean Dawson
Intrafamily Transfer
related
$150,000 · Jpmorgan Chase Bank NA
May 29, 2003
—
Sean Dawson
Dawson,ramsey
Quit Claim Deed
related
$195,000 · World Savings Bank
Apr 3, 1998
$173,500
Sean Dawson
Va
Grant Deed
$158,200 · Veterans Administration
Aug 28, 1997
—
Hud
Chase Manhattan Mortgage Corp
Grant Deed
related
—
Aug 13, 1997
$146,982
Chase Manhattan Mortgage Corp
Hayden,paul E
Trustees Deed
related
—
Nov 13, 1995
$171,500
Hayden,paul E
Gaier,charles
Trustees Deed
$174,930 · Rodgers Cms INC
Nov 13, 1995
—
Paul E Hayden
Hayden,adele
Quit Claim Deed
related
—
Nov 1, 1994
$185,000
Charles Gaier
Butler,steven A
Grant Deed
$158,000 · Cenfed Bank
Jun 15, 1992
—
Steven A Butler
Plunkett Trust
Grant Deed
$152,000 · Bancplus Mortgage Corp
—
—
Sean Dawson
—
Deed Of Trust
related
$100,000 · World Savings
—
—
Richard Plunkett
—
Deed Of Trust
related
$40,000 · Santa Barbara Bank
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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