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Property profile & analytics
OFF-MARKET
Estimated value
$615,000
Retail space
115 Cuyama Ln Nipomo, CA 93444-9758
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US09-0145609
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Construction
WOOD
Total area
2,922 SF
Lot
0.24 ac (10,479 SF)
Zoning code
CS
APN
090-302-009
UPID
US09-0145609
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
$730k
Comparable Approach
Comparable
$486k
Blend (final)
Blend
$615k
Owner & transaction history
Tri-m Rental Group · 19 yrs held
Tri-m Rental Group
since 2006
7 recorded transactions
Zoning & alternative use
CS · Nipomo, 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 Nipomo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nipomo 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$790,000
6.5%
$730,000
7%
$680,000
Alternative Use
Use
Estimation
RETAIL STORES
$945,000
Current use
Blend value · Realmo final
$615k
Range $554k – $677k · ±10%
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
$210 / 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
$7,187
Tax year 2024
Assessed value
$685,000
Assessed 2024
Previous assessed
$685,000
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$260,000
Assessed improvement
$425,000
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1975
Construction
WOOD
Heating
NONE
Rooms
2
Bathrooms
2
Total area
2,922 SF
Lot
0.24 ac (10,479 SF)
Zoning code
CS
APN
090-302-009
UPID
US09-0145609
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CS · Nipomo, CA
Zoning CS · permitted uses
CS · Nipomo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nipomo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$945,000
RETAIL STORES 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
1975
Construction
WOOD
Heating
NONE
Rooms
2
Bathrooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Tri-m Rental Group
Entity
Mailing address
PO BOX 1862, SANTA MARIA, CA 93456-1862
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 22, 2024
—
Tri M Rental Group LLC
—
Deed
related
$100,000 · Mission Bank
Dec 29, 2006
$975,000
Tri-m Rental Group
Moles,byron K & Karen B
Grant Deed
—
Jan 28, 2004
$825,000
Erich R Haas
Burch,william R & Sharon I
Grant Deed
$618,750 · Heritage Oaks Bank
Aug 31, 2001
$254,000
Byron K Moles
Linder,barbara
Grant Deed
$169,000 · Robert C & Cathie N
Aug 31, 2001
—
Barbara L Ring
Ring,frank
Quit Claim Deed
related
—
Oct 23, 1997
$190,000
Barbara Linder
Gregory,marylou
Grant Deed
$174,300 · Seller
May 23, 1994
$191,110
Marylou Gregory
Tambong,primitiv
Trustees Deed
—
Feb 9, 1993
$290,000
Primitiva T Tambong
Smith,arthur
Grant Deed
$125,000 · Beneficial California INC
Aug 14, 1991
$223,532
Arthur Smith
Lopez,frank F
Trustees Deed
related
—
—
—
Byron K Moles
—
Deed Of Trust
related
$600,000 · Agro-jal Farms
—
—
Frank F Lopez
—
Deed Of Trust
related
$185,000 · Smith Arthur
—
—
Byron K Moles
—
Deed Of Trust
related
$60,000 · Hacienda Bank
—
—
Byron K Molels
—
Deed Of Trust
related
$410,000 · Gallagher Trust
—
—
Byron K Moles
—
Deed Of Trust
related
$40,000 · Hacienda Bank
—
—
Byron K Moles
—
Deed Of Trust
related
$90,000 · Michael D & Leslie D Hunstad
—
—
Primitiva T Tambong
—
Deed Of Trust
related
$155,000 · Individual
—
—
Primitiva T Tambong
—
Deed Of Trust
related
$27,857 · Savage Const
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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