New search
Property profile & analytics
OFF-MARKET
Manufacturing properties
2240 Thornburg St Santa Maria, CA 93455-1248
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3147009
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Lot
0.73 ac (31,798 SF)
APN
111-060-047
UPID
US10-3147009
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
-
New Age Enclosures Electronics & Wireless Store
-
Alltec Integrated Mfg Factory Production Facility
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
Dar Prop Holdings LLC · 10 yrs held
Dar Prop Holdings LLC
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 Maria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Maria 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
$19,787
Tax year 2024
Assessed value
$1,819,385
Assessed 2024
Previous assessed
$1,819,385
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$290,145
Assessed improvement
$1,529,240
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Heating
NONE
Lot
0.73 ac (31,798 SF)
APN
111-060-047
UPID
US10-3147009
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
Lot
0.73 ac
Current owner
From public records · entity-resolved
Dar Prop Holdings LLC
Entity
Mailing address
116 FLORIN ST, PISMO BEACH, CA 93449-1521
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
Mar 31, 2017
—
Dar Prop Holdings LLC
—
Deed
related
$1,766,200 · Wells Fargo Bank NA
May 31, 2016
—
Dar Prop Holdings LLC
—
Trustees Deed
related
$1,719,000 · Coast Nat'l Bk
Mar 29, 2016
$1,200,000
Dar Prop Holdings LLC
Kokkinakis & Sons LLC
Grant Deed
$960,000 · Coast National Bank
Oct 3, 2014
—
Kokkinakis & Sons LLC
Asia-pac Expansion INC
Quit Claim Deed
related
—
Dec 30, 2010
$881,500
Kokkinakis & Sons INC
Asia-pac Expansion INC
Grant Deed
—
Mar 20, 2007
—
Asia-pac Expansion INC
Kokkinakis,george & Jane
Grant Deed
—
Dec 16, 2004
$1,350,000
George Kokkinakis
Johnson Russell & S Trust
Grant Deed
$675,000 · Heritage Oaks Bank
—
—
Johnson Trust
—
Deed Of Trust
related
$199,820 · Bank Of Santa Maria
—
—
Asia-pac Expansion INC
—
Deed Of Trust
related
$415,657 · Heritage Oaks Bank
—
—
George Kokkinakis
—
Deed Of Trust
related
$556,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2240 Thornburg St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
