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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
16261 Hwy 46 Shandon, CA 93461-9638
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-2238207
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1982
Construction
TYPE NOT SPECIFIED
Total area
1,820 SF
Lot
13.68 ac (595,900 SF)
Zoning code
AG
APN
017-131-026
UPID
US09-2238207
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Luis F Leal · 8 yrs held
Luis F Leal
since 2017
7 recorded transactions
Zoning & alternative use
AG · Shandon, 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 Shandon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Shandon 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$2,201
Tax year 2024
Assessed value
$203,577
Assessed 2024
Previous assessed
$203,577
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$136,090
Assessed improvement
$67,487
Applied tax rate
119.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1982
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
YES
Stories
1
Rooms
6
Bathrooms
2
Total area
1,820 SF
Lot
13.68 ac (595,900 SF)
Zoning code
AG
APN
017-131-026
UPID
US09-2238207
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
AG · Shandon, CAZoning AG · permitted uses
AG · Shandon, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1982
Construction
TYPE NOT SPECIFIED
Heating
NONE
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
13.68 ac
Current owner
From public records · entity-resolved
Luis F Leal
Individual
Mailing address
16261 E HWY 46, SHANDON, CA 93461-9638
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 1, 2017
$182,500
Luis F Leal
Bank Of New York M 2005-sd2
Grant Deed
—
Mar 20, 2017
$239,586
Bank Of New York Mellon 2005-sd2 Tr
Barrett Daffin Frappier T|kim,hyun
Trustees Deed
related
—
Apr 6, 2004
$290,500
Hyun Kim
Cool Properties LLC
Grant Deed
$261,450 · Wells Fargo Home Mortgage INC
Jan 26, 2004
—
Cool Properties LLC
Cool,monte J
Quit Claim Deed
related
—
Jan 23, 2004
—
Cool Properties LLC
Cool,monte
Quit Claim Deed
related
—
May 30, 2003
$135,000
Monte Cool
Wagner,matthew D
Grant Deed
$125,000 · Kessler Trust
May 30, 2003
—
Monte Cool
Cool,lisa
Quit Claim Deed
related
—
Feb 7, 2003
$60,000
Mathew Wagner
Ohnishi,seita
Grant Deed
—
Feb 7, 2003
—
Matthew D Wagner
Wagner,ninette M
Quit Claim Deed
related
—
Mar 31, 1998
—
Seita Ohnishi
Ohnishi,mitsuko
Quit Claim Deed
related
—
Mar 31, 1998
$365,000
Vogel,william K
Ohnishi,seita
Trustees Deed
—
Oct 5, 1990
$700,000
Seita Ohnishi
Mccornack,donald
Grant Deed
$525,000 · Seller
—
—
Seita Ohnishi
—
Deed Of Trust
related
$11,500 · Klintworth Trust
—
—
Seita Ohnishi
—
Deed Of Trust
related
$15,000 · Donald C & Nila J Mccornack
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.
Try Rey
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