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Property profile & analytics
OFF-MARKET
Estimated value
$3,300,000
Retail properties & Spaces
2126 Hutton Rd, Nipomo, CA 93444-9717
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-3399752
Property profile
Verified
Property type
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built
2004
Total area
11,863 SF
Lot
2.48 ac (108,028 SF)
Zoning code
CS
APN
090-301-064
UPID
US09-3399752
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
$3.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.89M
Blend (final)
Blend
$3.30M
Owner & transaction history
The Warden Family Trust
The Warden Family Trust
since 2025
Last sale
$3.2M
6 recorded transactions
Zoning & alternative use
CS · Nipomo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.4M
+52.1%
Commercial (general)
$5.4M
+51.2%
Medical building
$4.9M
+36.7%
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 Nipomo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nipomo 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
$3,645,000
ML approach
$3,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING)
$3,565,000
Current use
AUTO REPAIR, GARAGE
$5,420,000
Change: +52% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,390,000
Change: +51% · Conversion: Difficult
MEDICAL BUILDING
$4,875,000
Change: +37% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,395,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$3,845,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$3.30M
Range $2.97M – $3.63M · ±10% · vs last sale $3.18M (Jan 4 2021)
Last sale anchor
$3.18M
Jan 4 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
$278 / 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
$35,349
Tax year 2024
Assessed value
$3,369,335
Assessed 2024
Previous assessed
$3,369,335
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,061,208
Assessed improvement
$2,308,127
Applied tax rate
52.0000
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
Retail properties & Spaces
Use group
SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Status
Off-Market
Year built
2004
Heating
NONE
Buildings
3
Total area
11,863 SF
Lot
2.48 ac (108,028 SF)
Zoning code
CS
APN
090-301-064
UPID
US09-3399752
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CS · Nipomo, CA
Zoning CS · permitted uses
CS · Nipomo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nipomo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$5.4M
MEDICAL BUILDING
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
RETAIL STORES
Est. value
$3.8M
SERVICE SHOP (TV, RADIO, ELECTRIC, PLUMBING) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
2004
Heating
NONE
Buildings
3
Lot
2.48 ac
Current owner
From public records · entity-resolved
The Warden Family Trust
Trust
Mailing address
6036 ALTA MIRA LN, SAN LUIS OBISPO, CA 93401-8260
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2025
—
The Warden Family Trust
Warden Family Trust
Deed
related
—
Jan 4, 2021
$3,175,000
Warden Family Trust
Haas-touey LLC
Grant Deed
—
Aug 10, 2010
—
Haas-touey LLC
Touey B & S Family Trust
Quit Claim Deed
related
—
Oct 23, 2009
—
Touey Brian & S Family Trust
Touey,brian & Shannon
Quit Claim Deed
related
—
—
—
Construction Engineering INC
—
Deed Of Trust
related
$500,000 · Union Asphalt INC
—
—
Cei
—
Deed Of Trust
related
$954,000 · Central Coast Development Corp
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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