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Property profile & analytics
FOR LEASE
Manufacturing properties
1205 S Blosser Rd Santa Maria, CA 93458
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2330215
$10,000/Mo
1205 S Blosser Rd, Santa Maria, CA 93458
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Lot
0.95 ac (41,382 SF)
APN
117-520-008
UPID
US09-2330215
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
-
Cromer Material Handling Material Handling Equipment Supplier Forklift Dealer
-
Warehouse Systems Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Cromer 1205 South Blosser LLC · 4 yrs held
Cromer 1205 South Blosser LLC
since 2022
Last sale
$950,000
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 Santa Maria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Maria 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
$1,305,000
ML approach
$1,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±10% · vs last sale $950k (Jun 27 2022)
Last sale anchor
$950k
Jun 27 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
—
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
$11,598
Tax year 2024
Assessed value
$1,038,959
Assessed 2024
Previous assessed
$1,038,959
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$546,820
Assessed improvement
$492,139
Applied tax rate
3.0000
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
For Lease
Heating
NONE
Lot
0.95 ac (41,382 SF)
APN
117-520-008
UPID
US09-2330215
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
Heating
NONE
Lot
0.95 ac
Current owner
From public records · entity-resolved
Cromer 1205 South Blosser LLC
Entity
Mailing address
30 ANTHEM CRK CIR, HENDERSON, NV 89052-6613
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2026
—
Cromer 1205 South Blosser LLC
—
Deed
related
$600,000 · Western Alliance Bank
Jun 27, 2022
—
Cromer 1205 South Blosser LLC
Marshall T Cromer
Intrafamily Transfer
related
—
Feb 28, 2019
$950,000
Cromer,m & K Trust
JR Investments
Grant Deed
—
Jun 20, 2002
—
J R Investments
Gray Lift INC
Quit Claim Deed
related
$408,750 · Wells Fargo Bank
Sep 4, 2001
$260,000
J R Investments
Ardantz Trust
Grant Deed
—
Aug 31, 2001
$260,000
J R Investments
Donati Trust
Grant Deed
—
Mar 17, 1999
—
Donati Trust
Donati Trust
Quit Claim Deed
related
$100,000 · Seller
Jun 17, 1998
—
Ardantz Trust
Ardantz,victorine
Quit Claim Deed
related
—
Apr 16, 1997
—
Fred A Donati
Donati Trust
Quit Claim Deed
related
—
Jan 28, 1997
—
Donati Trust
Donati Trust
Quit Claim Deed
related
—
Jul 11, 1995
—
Donati Trust
Donati,fred A & Carol J
Quit Claim Deed
related
—
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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