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Property profile & analytics
OFF-MARKET
Estimated value
$4,595,000
Manufacturing properties
140 Santa Barbara St Santa Paula, CA 93060-2516
Entity Owned
13-yr Hold
Free & Clear
Property ID
US10-1027339
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1963
Total area
21,406 SF
Lot
6.01 ac (261,795 SF)
Zoning code
M1L
APN
105-0-070-015
UPID
US10-1027339
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
-
Jess Diaz Trucking Inc Trucking Company
-
Spears Manufacturing Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.36M
Comparable Approach
Comparable
$5.28M
Blend (final)
Blend
$4.60M
Owner & transaction history
Dsp Santa Paula Properties LLC · 13 yrs held
Dsp Santa Paula Properties LLC
since 2013
5 recorded transactions
Zoning & alternative use
M1L · Santa Paula, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$6.2M
+67.8%
Apartment house (5+ units)
$6.2M
+67.3%
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 Paula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Paula 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%
$3,635,000
6.5%
$3,355,000
7%
$3,115,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,710,000
Current use
WAREHOUSE, STORAGE
$6,225,000
Change: +68% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$6,205,000
Change: +67% · Conversion: Difficult
Blend value · Realmo final
$4.60M
Range $4.14M – $5.05M · ±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
$215 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$74,550
Tax year 2023
Assessed value
$6,380,807
Assessed 2024
Previous assessed
$6,255,694
+2.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$3,352,619
Assessed improvement
$3,028,188
Applied tax rate
4.0000
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
HEAVY MANUFACTURING
Status
Off-Market
Year built
1963
Heating
NONE
Total area
21,406 SF
Lot
6.01 ac (261,795 SF)
Zoning code
M1L
APN
105-0-070-015
UPID
US10-1027339
Jurisdiction
VENTURA
Zoning & alternative use
M1L · Santa Paula, CAZoning M1L · permitted uses
M1L · Santa Paula, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$6.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.2M
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1963
Heating
NONE
Lot
6.01 ac
Current owner
From public records · entity-resolved
Dsp Santa Paula Properties LLC
Entity
Free & Clear · 13 yrs held
Mailing address
15853 OLDEN ST, RANCHO CASCADES, CA 91342-1249
Ownership since
2013
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
Jun 6, 2013
$6,175,000
Dsp Santa Paula Properties LLC
International Paper Co
Grant Deed
—
Aug 5, 2008
$15,879,500
International Paper Co
Weyerhaeuser
Grant Deed
—
Jan 29, 1988
$245,000
Sullivan Trust
Mende
Trustees Deed
—
Jan 29, 1988
$220,500
Weyerhaeuser Com
Sulli
Trustees Deed
—
Jan 29, 1988
—
Eddie Mendelsohn
Mende
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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