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Property profile & analytics
OFF-MARKET
Estimated value
$800,000
Mobile home & RV parks
16060 Morro Rd, Atascadero, CA 93422-1032
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-2303776
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
2005
Construction
STEEL FRAME
Total area
1,947 SF
Lot
11.6 ac (505,296 SF)
Zoning code
RL
APN
046-222-003
UPID
US09-2303776
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$840k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$582k
Blend (final)
Blend
$800k
Owner & transaction history
Seinn J Schlidt · 5 yrs held
Seinn J Schlidt
since 2021
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
RL · Atascadero, CA
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 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
$860,000
ML approach
$840,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MOBILE HOME PARK, TRAILER PARK
$935,000
Current use
AUTO REPAIR, GARAGE
$890,000
Change: -5% · Conversion: Difficult
MEDICAL BUILDING
$800,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$800k
Range $720k – $880k · ±10% · vs last sale $750k (Feb 11 2021)
Last sale anchor
$750k
Feb 11 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
$411 / 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
$6,080
Tax year 2024
Assessed value
$557,134
Assessed 2024
Previous assessed
$557,134
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$424,483
Assessed improvement
$132,651
Applied tax rate
112.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
2005
Construction
STEEL FRAME
Heating
NONE
Rooms
6
Total area
1,947 SF
Lot
11.6 ac (505,296 SF)
Zoning code
RL
APN
046-222-003
UPID
US09-2303776
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RL · Atascadero, CA
Zoning RL · permitted uses
RL · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atascadero. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MOBILE HOME PARK, TRAILER PARK Current
Est. value
$935,000
AUTO REPAIR, GARAGE
Est. value
$890,000
MEDICAL BUILDING
Est. value
$800,000
MOBILE HOME PARK, TRAILER PARK Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2005
Construction
STEEL FRAME
Heating
NONE
Rooms
6
Lot
11.6 ac
Current owner
From public records · entity-resolved
Seinn J Schlidt
Individual
Mailing address
16060 MORRO RD, ATASCADERO, CA 93422-1032
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2021
$750,000
Seinn J Schlidt
Mark K Davis
Grant Deed
$700,000 · Wells Fargo Bank NA
Dec 4, 2020
—
Davis,mary L Trust
Mary L Davis
Affidavit Of Death
related
—
Sep 6, 2018
—
Davis,mary L Trust
Davis,mary L
Quit Claim Deed
related
—
Aug 8, 2017
—
Mary L Davis
Greenfield,john L
Affidavit Of Death
—
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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