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Property profile & analytics
OFF-MARKET
Estimated value
$1,455,000
Industrial properties
105 Dean Dr 107 Santa Paula, CA 93060-2509
Trust Owned
6-yr Hold
Free & Clear
Property ID
US10-1608841
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1978
Total area
8,880 SF
Lot
0.68 ac (29,620 SF)
Zoning code
M1L
APN
105-0-063-065
UPID
US10-1608841
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
-
RP Equipment & Tool Rentals Rental Equipment Company
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
$1.98M
Blend (final)
Blend
$1.46M
Owner & transaction history
Padgett Family Living Trust · 6 yrs held
Padgett Family Living Trust
since 2020
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
M1L · Santa Paula, 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 Santa Paula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Paula 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
$1,410,000
ML approach
$1,400,000
CAP Approach
CAP Return
Estimation
6%
$1,510,000
6.5%
$1,395,000
7%
$1,295,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,540,000
Current use
Blend value · Realmo final
$1.46M
Range $1.31M – $1.60M · ±10% · vs last sale $1.05M (May 11 2020)
Last sale anchor
$1.05M
May 11 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
$164 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$13,476
Tax year 2023
Assessed value
$1,165,713
Assessed 2024
Previous assessed
$1,142,856
+2.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$362,543
Assessed improvement
$803,170
Applied tax rate
4.0000
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
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1978
Heating
NONE
Total area
8,880 SF
Lot
0.68 ac (29,620 SF)
Zoning code
M1L
APN
105-0-063-065
UPID
US10-1608841
Jurisdiction
VENTURA
Zoning & alternative use
M1L · Santa Paula, CA
Zoning M1L · permitted uses
M1L · Santa Paula, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Paula. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
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
1978
Heating
NONE
Lot
0.68 ac
Current owner
From public records · entity-resolved
Padgett Family Living Trust
Trust
Free & Clear · 6 yrs held
Mailing address
600 MONTE VIS DR, SANTA PAULA, CA 93060-1647
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2020
—
Padgett Family Living Trust
Raymond Padgett
Quit Claim Deed
related
—
Jun 26, 2018
—
Raymond L Padgett JR
—
Deed
related
$572,500 · Cdc Small Business Finance Corp
Aug 11, 2017
$1,045,000
Raymond Padgett
Martha Gardner Horning
Grant Deed
$572,500 · Community West Bank NA
Aug 11, 2017
—
Martha G Horning
2003 Alen & Martha H Trrt
Affidavit Of Death
related
—
Jan 6, 2004
—
Horning,tr
Horning,martha G
Quit Claim Deed
related
—
Mar 6, 1992
$575,000
Martha G Horning
Unknown
Grant Deed
—
—
—
Raymond L Padgett JR
—
Deed Of Trust
related
$471,000 · Cdc Small Busn Fin
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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