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    1800 El Camino Real Atascadero, CA 93422-1535
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    Property profile & analytics

    1800 El Camino Real, Atascadero, CA 93422-1535

    View on Map
    • Motels
    • 74,734 SF
    • 2.46 lot acres
    Off-Market
    Property ID
    US10-3143700
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $7,425,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Home2 Suites by Hilton Atascadero / Hotel & Motel
    • AmpUp Charging Station / Electric Vehicle Charging Station

    Property Details for 1800 El Camino Real

    Year built
    2020
    Construction
    WOOD
    Lot size
    2.46 lot acres
    Zone code
    CPK
    Property type
    Motels
    APN
    049-133-027
    APU
    49133027

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 3, 2021 — North County Hospitality Group LLC M P Annex LLC Grant Deed —
    Jul 31, 2018 — North Cnty Hospitality Grp LLC — Grant Deed · related $14M · Wells Fargo Bk
    Mar 7, 2018 — North Cnty Hospitality Group L M P Annex LLC Grant Deed —
    Jul 20, 2016 — M P Annex LLC M P Annex LLC Intrafamily Transfer · related $2M · 1st Capital Bank
    Aug 27, 2014 — M P Annex LLC Diane M Helbert Grant Deed $1M · 1st Capital Bank
    Sep 30, 2013 $335,000 El,camino 1800 Trust Quinto L & Brazzi E S Trust Grant Deed —
    Sep 16, 2013 $525,000 Brazzi,leonard Q & Ella S Trust Pacific Oak Foreclosure Svcs Trustees Deed · related —
    Sep 18, 2006 — Atascadero North LLC Quinto Leonard Trust Grant Deed $700k · Quinto Leonard Trust
    Sep 19, 1997 — Brazzi Trust Brazzi,leonard Q & Ella S Quit Claim Deed · related —
    — — Leonard Q Brazzi — Deed Of Trust · related $60k · Mid State Bank
    — — Brazzi Trust — Deed Of Trust · related $70k · Mid State Bank
    — — North Cnty Hospitality Grp LLC — Deed Of Trust · related $563k · Miscellaneous Govt Agcy

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $11,245,000
      6.5%
      $10,380,000
      7%
      $9,640,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Atascadero
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.699
    Latitude
    35.5147
    CBSA code
    42020
    CBSA name
    SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $271,343
    $1,828,388
    $20,531,416
    $22,359,804
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      42,993 SF

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    • Value Estimation
      $3,190,000
      14,119 SF

      6895 El Camino Real

      MOTEL
      6895 El Camino Real, Atascadero, CA 93422-4206
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    • Value Estimation by Request
      864 SF

      4700 San Palo Rd

      MOTEL
      4700 San Palo Rd, Atascadero, CA 93422
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    • Value Estimation
      $815,000
      5,952 SF

      4900 San Palo Rd

      MOTEL
      4900 San Palo Rd, Atascadero, CA 93422-2437
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    • Value Estimation by Request
      0.58 Acres

      4900 San Palo Rd

      MOTEL
      4900 San Palo Rd, Atascadero, CA 93422-2437
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    • Value Estimation
      $10,570,000
      18,800 SF

      5995 Traffic Way

      MOTEL
      5995 Traffic Way, Atascadero, CA 93422
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    Similar Nearby for Sale

    • $295,000
      0.34 Acres

      Established Atascadero Dry Cleaners

      Profitable Dry Cleaning Business for Sale
      7800 El Camino Real, Atascadero, CA 93422
      View Details
    • $745,000
      59,459.40 Acres

      Atascadero Commercial Land Opportunity

      Three parcels of land for sale in Atascadero, California.
      11305 Viejo Camino 11405, Atascadero, CA 93422
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    • Contact for pricing

      Commercial Lot in Developing Zone

      Commercial lot in Atascadero's developing business zone.
      4615 El Camino Real, Atascadero, CA 93422
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    • Contact for pricing

      Prime Commercial Land in Atascadero

      1.9-acre commercial parcel near Highway 101 and downtown.
      3755 El Camino Real, Atascadero, CA 93422
      View Details
    • Contact for pricing

      1.74 Acre Buildable Land Parcel

      1.74 acre parcel suitable for building with utilities available.
      7725 Gabarda Rd, Atascadero, CA 93422
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      New Industrial Flex Space

      New construction industrial/flex space for lease in Atascadero.
      2440 El Camino Real, Atascadero, CA 93422
      View Details
    • Contact for pricing
      1,300 SF

      Retail Space For Rent

      In-line retail space available for rent.
      8120-8280 El Camino Real, Atascadero, CA 93422
      View Details
    • Contact for pricing

      Office/Warehouse Retail Auto Service Space

      Office/warehouse space suitable for retail auto service/repair.
      7475 El Camino Real, Atascadero, CA 93422
      View Details
    • Contact for pricing

      Office Space in Atascadero

      Office spaces for lease in a contemporary complex.
      1975 El Camino Real 1D, Atascadero, CA 93422
      View Details

    Property Visit Statistics

    • Visits by month
      9.3k
    • Visitors by month
      3.4k
    • Avg Time on site
      487 min
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    Atascadero, CA 93422-1535
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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