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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Investment properties
222 Carrillo St Santa Barbara, CA 93101-6163
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1934089
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Total area
13,264 SF
Lot
0.39 ac (16,988 SF)
APN
039-271-013
UPID
US09-1934089
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
Current use
Occupant on record · Public records
-
The Oak Financial Group - UBS Financial Services Inc. Financial Advisor
-
Accufy Analytics, LLC (Bike/Boat/Book/etc) Store Corporate Office
-
Alliance Wealth Strategies Financial Advisor
-
Law Offices of Joakim I. Tan Law Firm
-
Sanger Law Firm, P.C. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.45M
Comparable Approach
Comparable
$997k
Blend (final)
Blend
$1.26M
Owner & transaction history
222 East Carrillo Partners · 9 yrs held
222 East Carrillo Partners
since 2016
7 recorded transactions
Zoning & alternative use
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 Santa Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara 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%
$1,565,000
6.5%
$1,445,000
7%
$1,340,000
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±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
$95 / 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
$17,173
Tax year 2024
Assessed value
$1,615,059
Assessed 2024
Previous assessed
$1,615,059
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$724,573
Assessed improvement
$890,486
Applied tax rate
2.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Heating
NONE
Bathrooms
4
Total area
13,264 SF
Lot
0.39 ac (16,988 SF)
APN
039-271-013
UPID
US09-1934089
Jurisdiction
SANTA BARBARA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Bathrooms
4
Lot
0.39 ac
Current owner
From public records · entity-resolved
222 East Carrillo Partners
Entity
Mailing address
228 W CARRILLO ST STE F, SANTA BARBARA, CA 93101-6162
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2019
—
222-228 W Carrillo LLC
—
Grant Deed
related
$3,600,000 · Pacific Premier Bk
Dec 9, 2016
—
222 East Carrillo Partners
Towbes,lynn C
Grant Deed
—
Oct 22, 2009
—
222-228 W Carrillo LLC
Duncan,roger P & J Carol
Grant Deed
—
Oct 19, 2009
—
Roger P Duncan
Duncan Family Trust
Quit Claim Deed
related
—
Jul 18, 2006
—
Duncan Family Trust
Duncan,roger & J Carol
Quit Claim Deed
related
—
Dec 10, 1998
—
Roger Duncan
—
Deed Of Trust
related
$2,300,000 · Quaker City Federal S & L
Oct 18, 1994
—
Roger Duncan
Bottiani Properties
Grant Deed
$2,065,000 · City Commerce Bank
—
—
Duncan Family Trust
—
Deed Of Trust
related
$2,600,000 · Business First National Bank
—
—
222-228 W Carrillo LLC
—
Deed Of Trust
related
$2,490,000 · Bank Of Santa Barbara
—
—
Bottiani Properties
—
Deed Of Trust
related
$300,000 · Santa Barbara Bank & Trust
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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