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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Industrial properties
150 Powers Ave, Santa Barbara, CA 93103-3600
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0265430
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Lot
0.04 ac (1,742 SF)
APN
017-570-014
UPID
US09-0265430
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
-
S.B. Motor Works Auto Repair Shop
-
Chula Vista animals Animal Shelter Pet Adoption Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$870k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$815k
Owner & transaction history
K & T Properties LLC · 5 yrs held
K & T Properties LLC
since 2021
Last sale
$825,000
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 Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara 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
$750,000
ML approach
$870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $825k (May 21 2021)
Last sale anchor
$825k
May 21 2021
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
$9,342
Tax year 2024
Assessed value
$875,496
Assessed 2024
Previous assessed
$875,496
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$437,748
Assessed improvement
$437,748
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Heating
NONE
Lot
0.04 ac (1,742 SF)
APN
017-570-014
UPID
US09-0265430
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
0.04 ac
Current owner
From public records · entity-resolved
K & T Properties LLC
Entity
Mailing address
1555 MITCHELL WAY, REDWOOD CITY, CA 94061-2449
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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 21, 2021
$825,000
K & T Properties LLC
Jjc Mccann LLC
Grant Deed
—
Dec 26, 2007
—
Jjc Mccann LLC
Mccann,john T & Janet A
Quit Claim Deed
related
—
Sep 1, 2004
$685,000
John T Mccann
Morgan,william B
Grant Deed
$385,000 · Evertrust Bank
Nov 21, 2001
—
William Bevly Morgan
Morgan,wm Bevly
Quit Claim Deed
related
$375,000 · Pacific Capital Commercial Mtg
Apr 27, 2001
—
Bevly Morgan
Morgan,valerie
Quit Claim Deed
related
—
May 15, 1990
$100,000
Morgan Bevly B
Douglass,bruce
Grant Deed
$281,250 · Santa Barbara Bank
Sep 29, 1989
$313,500
Douglas Bruce
Railroad,partner
Grant Deed
$220,000 · Santa Barbara Bank
—
—
Jjc Mccann LLC
—
Deed Of Trust
related
$167,000 · Montecito Bank & Trust
—
—
Morgan Bevly B
—
Deed Of Trust
related
$200,000 · Santa Barbara Bank
—
—
Jjc Mccann LLC
—
Deed Of Trust
related
$250,000 · Santa Barbara Bank & 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.
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