Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,800,000
Investment properties
1340 Taft St Ste 110 San Luis Obispo, CA 93405-1995
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2604094
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2016
Construction
WOOD
Total area
13,756 SF
Lot
0.42 ac (18,500 SF)
Zoning code
CN
APN
001-042-022
UPID
US10-2604094
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
by Request
Comparable Approach
Comparable
$5.13M
Blend (final)
Blend
$4.80M
Owner & transaction history
Dollinger,m G & S L 2018 Trust · 8 yrs held
Dollinger,m G & S L 2018 Trust
since 2018
5 recorded transactions
Zoning & alternative use
CN · San Luis Obispo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.9M
+2.7%
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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,730,000
Current use
RESTAURANT
$6,915,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,285,000
Change: -7% · Conversion: Difficult
OFFICE BUILDING
$6,165,000
Change: -8% · Conversion: Easy
MEDICAL BUILDING
$5,870,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$4.80M
Range $4.32M – $5.28M · ±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
$349 / 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
$77,456
Tax year 2024
Assessed value
$6,961,054
Assessed 2024
Previous assessed
$6,961,054
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,390,302
Assessed improvement
$3,570,752
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2016
Construction
WOOD
Heating
NONE
Bathrooms
13
Total area
13,756 SF
Lot
0.42 ac (18,500 SF)
Zoning code
CN
APN
001-042-022
UPID
US10-2604094
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CN · San Luis Obispo, CA
Zoning CN · permitted uses
CN · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$6.7M
RESTAURANT
Est. value
$6.9M
AUTO REPAIR, GARAGE
Est. value
$6.3M
OFFICE BUILDING
Est. value
$6.2M
MEDICAL BUILDING
Est. value
$5.9M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
MEDICAL BUILDING
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
2016
Construction
WOOD
Heating
NONE
Bathrooms
13
Lot
0.42 ac
Current owner
From public records · entity-resolved
Dollinger,m G & S L 2018 Trust
Trust
Mailing address
6315 W MARY CT, VISALIA, CA 93277-5179
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2018
$6,400,000
Dollinger,m G & S L 2018 Trust
Icon At Slo LLC
Grant Deed
—
Jun 24, 2008
$500,000
Icon At Slo LLC
Suncor Holdings-cop II LLC
Grant Deed
—
Dec 23, 2005
—
Suncor Holdings Cop II LLC
Conocophillips Co
Corporation Deed
$104,865,329 · Istar Financial INC
Apr 10, 1997
—
Clover Trust 1997-1
Union Oil Company Of Californi
Grant Deed
related
—
—
—
Slo LLC
—
Deed Of Trust
related
$175,000 · Ruvelson R S Family Trust
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1340 Taft St Ste, Unit 110?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
