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Property profile & analytics
OFF-MARKET
Estimated value
$3,000,000
Retail space
1208 Broadway Santa Maria, CA 93454-2958
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2720708
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
0.55 ac (23,958 SF)
APN
121-032-020
UPID
US10-2720708
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
$3.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.00M
Owner & transaction history
Grande Lavanderia LLC · 2 yrs held
Grande Lavanderia LLC
since 2024
Last sale
$3.0M
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
$3,000,000
ML approach
$3,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±10% · vs last sale $3.00M (May 31 2024)
Last sale anchor
$3.00M
May 31 2024
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
$20,413
Tax year 2024
Assessed value
$1,791,442
Assessed 2024
Previous assessed
$1,791,442
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$446,206
Assessed improvement
$1,345,236
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
0.55 ac (23,958 SF)
APN
121-032-020
UPID
US10-2720708
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
0.55 ac
Current owner
From public records · entity-resolved
Grande Lavanderia LLC
Entity
Mailing address
3851 HARBOUR IS LN UNIT #229, OXNARD, CA 93035-1472
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2024
$3,000,000
Grande Lavanderia LLC
Asol LLC
Grant Deed
$4,200,000 · Ready Capital Corp
May 31, 2018
—
Asol LLC
—
Deed
related
$2,530,000 · Open Bk
Nov 22, 2017
$850,000
Asol LLC
James C Kim
Grant Deed
$552,500 · Open Bank
Apr 5, 2016
$602,000
James C Kim
Liboria Flores
Grant Deed
$511,000 · Commonwealth Business Bank
Apr 5, 2016
—
James C Kim
Kim,juliana
Quit Claim Deed
related
—
Jan 26, 2010
$858,691
Liboria Flores
All American Foreclosure
Trustees Deed
related
—
May 9, 2008
$1,100,000
Yahya M A Ahmed
Flores,oscar & Diane
Grant Deed
$1,105,000 · Liboria Flores
Oct 25, 1996
—
Liboria Flores
Flores,pablo
Quit Claim Deed
related
—
Oct 25, 1996
$400,000
Flores,oscar & Diane
Raffetto,joseph J & Marcelina
Trustees Deed
$280,000 · Bank Of Santa Maria
—
—
Asol LLC
—
Deed Of Trust
related
$2,530,000 · Open Bk
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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