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Property profile & analytics
OFF-MARKET
Estimated value
$2,595,000
Warehouses
1599 Betteravia Rd Santa Maria, CA 93455-1061
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-1316650
Property profile
Verified
Property type
Warehouses
Use group
BULK STORAGE, TANKS
Lot
3.31 ac (144,183 SF)
APN
117-320-003
UPID
US09-1316650
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
-
Oliver'z Towing Auto Repair Shop
-
SA Recycling Recycling Center Waste Management Facility
-
Barbeque Outfitters Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.60M
Owner & transaction history
Afp LLC · 5 yrs held
Afp LLC
since 2020
Last sale
$2.3M
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 Maria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Maria 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
$2,860,000
ML approach
$3,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.60M
Range $2.34M – $2.85M · ±10% · vs last sale $2.25M (Sep 9 2020)
Last sale anchor
$2.25M
Sep 9 2020
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
$26,607
Tax year 2024
Assessed value
$2,387,718
Assessed 2024
Previous assessed
$2,387,718
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,122,416
Assessed improvement
$265,302
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
Warehouses
Use group
BULK STORAGE, TANKS
Status
Off-Market
Heating
NONE
Lot
3.31 ac (144,183 SF)
APN
117-320-003
UPID
US09-1316650
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
3.31 ac
Current owner
From public records · entity-resolved
Afp LLC
Entity
Mailing address
PO BOX 1862, SANTA MARIA, CA 93456-1862
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2020
—
Afp LLC
—
Deed
related
$10,000 · Mission Bank
Sep 9, 2020
$2,250,000
Afp LLC
1599 West LLC
Grant Deed
—
Jul 14, 2020
—
1599 West LLC
—
Deed
related
$375,000 · Mid Vly Svcs
Mar 30, 2004
$800,000
1599 West LLC
Kitco Holdings LLC
Grant Deed
$675,000 · Kitco Holdings LLC
Sep 29, 2003
$663,000
Kitco Holding LLC
Shipley,gregory J & Gail A
Grant Deed
—
Dec 28, 2001
$450,000
Gregory J Shipley
Newark Group INC
Grant Deed
$559,627 · Kitco Holdings LLC
May 25, 1990
$500,000
Western In Arata
Rudometkin,trust
Grant Deed
$400,000 · Seller
—
—
1599 West LLC
—
Deed Of Trust
related
$1,200,000 · Rabobank
—
—
1599 West LLC
—
Deed Of Trust
related
$669,500 · Interbay Funding LLC
—
—
1599 West LLC
—
Deed Of Trust
related
$50,000 · Ridgway Trust
—
—
1599 West LLC
—
Deed Of Trust
related
$375,000 · Mid Vly Svcs
—
—
Gregory J Shipley
—
Deed Of Trust
related
$106,362 · Kitco Holding LLC
—
—
1599 West LLC
—
Deed Of Trust
related
$458,393 · Claudia Beebe
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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