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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Commercial land
141 Hwy 246, Buellton, CA 93427-9764
Entity Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1597118
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
9,300 SF
Lot
1.6 ac (69,696 SF)
APN
137-180-061
UPID
US09-1597118
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
-
Gildred Racing Inc Auto Repair Shop
-
Ross bros baseball Arcade & Gaming Center Sports Field & Court
-
Premium tint Buelton Interior Design Auto Repair Shop
-
HITents Department Store
-
Premier Heating and Air HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$681k
Blend (final)
Blend
$880k
Owner & transaction history
Buellton Park Center LLC · 15 yrs held
Buellton Park Center LLC
since 2011
6 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 Buellton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buellton 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%
$1,095,000
6.5%
$1,010,000
7%
$940,000
Blend value · Realmo final
$880k
Range $792k – $968k · ±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
$95 / 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
$9,028
Tax year 2024
Assessed value
$829,431
Assessed 2024
Previous assessed
$829,431
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$355,845
Assessed improvement
$473,586
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Total area
9,300 SF
Lot
1.6 ac (69,696 SF)
APN
137-180-061
UPID
US09-1597118
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
1.6 ac
Current owner
From public records · entity-resolved
Buellton Park Center LLC
Entity
Mailing address
2920 DE LA VINA ST, SANTA BARBARA, CA 93105-3310
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2011
—
Buellton Park Center LLC
Taylor Family Trust
Grant Deed
related
—
Feb 25, 2011
—
Taylor Family Trust
Taylor Family Trust
Quit Claim Deed
related
$493,957 · Montecito Bank & Trust
Oct 6, 2009
—
Park Center
Owner Name Unavailable
Grant Deed
related
—
Aug 22, 1996
—
Park Center
Park Center
Quit Claim Deed
related
—
—
—
Buellton Park Center LLC
—
Deed Of Trust
related
$454,497 · Taylor Family Trust
—
—
Park Center
—
Deed Of Trust
related
$610,000 · Valley Oaks National Bank
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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