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Property profile & analytics
OFF-MARKET
Estimated value
$365,000
Investment properties
15050 Morro Rd Atascadero, CA 93422-1001
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US10-3039955
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1981
Construction
WOOD
Total area
1,302 SF
Lot
1.42 ac (61,855 SF)
Zoning code
RR
APN
046-231-050
UPID
US10-3039955
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
-
Halfway Station Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$365k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$365k
Owner & transaction history
Halfway Station LLC · 7 yrs held
Halfway Station LLC
since 2018
7 recorded transactions
Zoning & alternative use
RR · Atascadero, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name
Rural Residential
General category
RESIDENTIAL
Zone area
68.63 ac
Source
Realmo
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 Atascadero submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atascadero 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
$365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$365k
Range $329k – $402k · ±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
$280 / 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
$8,993
Tax year 2024
Assessed value
$809,295
Assessed 2024
Previous assessed
$809,295
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$481,202
Assessed improvement
$328,093
Applied tax rate
54.0000
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
1981
Construction
WOOD
Heating
NONE
Buildings
2
Rooms
8
Bathrooms
4
Total area
1,302 SF
Lot
1.42 ac (61,855 SF)
Zoning code
RR
APN
046-231-050
UPID
US10-3039955
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RR · Atascadero, CAZoning RR · permitted uses
RR · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zone name
Rural Residential
General category
RESIDENTIAL
Zone area
68.63 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
NONE
Buildings
2
Rooms
8
Bathrooms
4
Lot
1.42 ac
Current owner
From public records · entity-resolved
Halfway Station LLC
Entity
Mailing address
15050 MORRO RD, ATASCADERO, CA 93422-1001
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2024
—
Halfway Station LLC
—
Deed
related
$200,000 · American River Bank
Dec 3, 2018
$740,000
Halfway Station LLC
Tom R Passon
Grant Deed
$518,000 · American Riviera Bank
Dec 23, 2016
—
Tom R Passon
—
Deed
related
$30,000 · Mazer Daniel S Trust (pt)
May 24, 2005
$600,000
Tom R Passon
Bobbie G Brittain
Grant Deed
$480,000 · Washington Mutual Bank Fa
Jul 31, 1995
$225,000
Bobbie G Brittain
Sanders,barbara M
Grant Deed
$143,000 · Provident Funding Assoc LP
Apr 12, 1995
$25,000
Barbara M Sanders
Engel,steven C
Grant Deed
related
—
Jul 24, 1989
$236,000
Irene M Vanbrook
Lefebvre,richard
Grant Deed
$150,000
—
—
Tom R Passon
—
Deed Of Trust
related
$310,000 · Mid-coast Mortgage
—
—
Tom R Passon
—
Deed Of Trust
related
$55,000 · Mid-coast Mortgage
—
—
Tom R Passon
—
Deed Of Trust
related
$30,000 · Mazer Daniel S Trust (pt)
—
—
Bobbie G Brittain
—
Deed Of Trust
related
$185,000 · America's Wholesale Lender
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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