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Property profile & analytics
OFF-MARKET
Estimated value
$1,300,000
Retail properties & Spaces
11850 Viejo Camino Atascadero, CA 93422-6023
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0904736
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
1985
Construction
WOOD
Total area
2,312 SF
Lot
1.91 ac (83,199 SF)
Zoning code
P
APN
045-332-012
UPID
US09-0904736
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
-
Atascadero Childrens Center High School Daycare Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.30M
Owner & transaction history
Atascadero Childrens Center LLC · 4 yrs held
Atascadero Childrens Center LLC
since 2022
Last sale
$1.5M
3 recorded transactions
Zoning & alternative use
P · Atascadero, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This zone is established to provide suitable locations and standards for the maintenance and development of public and quasi-public facilities and services.
Zone name
Public Facilities
General category
UNKNOWN
Zone area
946.47 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$1.1M
+52.1%
Medical building
$950,000
+36.7%
Commercial (general)
$815,000
+17.0%
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 Atascadero submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atascadero 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
$1,145,000
ML approach
$1,265,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,055,000
Change: +52% · Conversion: Difficult
MEDICAL BUILDING
$950,000
Change: +37% · Conversion: Difficult
COMMERCIAL (GENERAL)
$815,000
Change: +17% · Conversion: Difficult
RETAIL STORES
$800,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.43M · ±10% · vs last sale $1.53M (Jun 15 2022)
Last sale anchor
$1.53M
Jun 15 2022
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
$562 / 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
$17,688
Tax year 2024
Assessed value
$1,591,812
Assessed 2024
Previous assessed
$1,591,812
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$863,532
Assessed improvement
$728,280
Applied tax rate
7.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
NONE
Buildings
3
Total area
2,312 SF
Lot
1.91 ac (83,199 SF)
Zoning code
P
APN
045-332-012
UPID
US09-0904736
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
P · Atascadero, CAZoning P · permitted uses
P · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This zone is established to provide suitable locations and standards for the maintenance and development of public and quasi-public facilities and services.
Zone name
Public Facilities
General category
UNKNOWN
Zone area
946.47 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$950,000
COMMERCIAL (GENERAL)
Est. value
$815,000
RETAIL STORES
Est. value
$800,000
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
1985
Construction
WOOD
Heating
NONE
Buildings
3
Lot
1.91 ac
Current owner
From public records · entity-resolved
Atascadero Childrens Center LLC
Entity
Mailing address
11850 VIEJO CAMINO, ATASCADERO, CA 93422-6023
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2022
$1,530,000
Atascadero Childrens Center LLC
Janice L Stevens
Grant Deed
$1,784,100 · Customers Bank
Jun 1, 2016
—
Stevens,mark & Janice Trust
Felde Janice L Trust
Quit Claim Deed
related
—
—
—
Felde,janice L Trust
—
Deed Of Trust
related
$575,000 · Rabobank
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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