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Property profile & analytics
OFF-MARKET
Estimated value
$4,600,000
Industrial properties
21 Zaca Lnb San Luis Obispo, CA 93401-7344
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2030541
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2004
Total area
22,978 SF
Lot
0.5 ac (21,780 SF)
Zoning code
CS
APN
053-051-070
UPID
US09-2030541
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
$4.03M
Comparable Approach
Comparable
$4.20M
Blend (final)
Blend
$4.60M
Owner & transaction history
Dbp LLC · 5 yrs held
Dbp LLC
since 2020
7 recorded transactions
Zoning & alternative use
CS · San Luis Obispo, 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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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
by Request
CAP Approach
CAP Return
Estimation
6%
$4,365,000
6.5%
$4,030,000
7%
$3,740,000
Blend value · Realmo final
$4.60M
Range $4.14M – $5.06M · ±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
$200 / 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
$44,566
Tax year 2024
Assessed value
$4,032,589
Assessed 2024
Previous assessed
$4,032,589
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,273,449
Assessed improvement
$2,759,140
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2004
Heating
NONE
Total area
22,978 SF
Lot
0.5 ac (21,780 SF)
Zoning code
CS
APN
053-051-070
UPID
US09-2030541
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CS · San Luis Obispo, CA
Zoning CS · permitted uses
CS · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
NONE
Lot
0.5 ac
Current owner
From public records · entity-resolved
Dbp LLC
Entity
Mailing address
7302 N DEWEY AVE, FRESNO, CA 93711-0613
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2020
—
Dbp LLC
Britz D & M 2004 L/tr
Quit Claim Deed
related
—
Jul 24, 2020
$3,800,000
Britz,d & M 2004 Living Trust
Volny Construction INC
Grant Deed
—
Nov 21, 2013
—
Volny Construction INC
Zacastreet21 LLC
Grant Deed
$1,689,900 · Founders Community Bank
Sep 23, 2011
—
Zacastreet21 LLC
Santa Barbara Bank & Trust NA
Quit Claim Deed
related
—
Jun 20, 2011
$1,000,000
First Bk Of San Luis Obispo
All American Foreclosure
Trustees Deed
related
—
Jan 4, 2006
$2,300,000
Craig Allan Cowan
Zaca Creek Development LLC
Grant Deed
$1,590,000 · First Bank Of San Luis Obispo
—
—
Zacastreet21 LLC
—
Deed Of Trust
related
$1,261,000 · Rabobank
—
—
Cowan Craig A Trust
—
Deed Of Trust
related
$4,365,000 · Pacific Capital Bank NA
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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