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Property profile & analytics
OFF-MARKET
Turn key restaurants
22412 El Camino Real Santa Margarita, CA 93453-8000
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1333100
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1941
Total area
2,196 SF
Lot
0.25 ac (10,687 SF)
Zoning code
CR
APN
069-032-009
UPID
US09-1333100
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Simmons,mark D 2000 Trust · 7 yrs held
Simmons,mark D 2000 Trust
since 2018
7 recorded transactions
Zoning & alternative use
CR · Santa Margarita, 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 Santa Margarita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Margarita 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
$3,282
Tax year 2024
Assessed value
$295,366
Assessed 2024
Previous assessed
$295,366
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$183,610
Assessed improvement
$111,756
Applied tax rate
54.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1941
Heating
NONE
Rooms
8
Bathrooms
4
Total area
2,196 SF
Lot
0.25 ac (10,687 SF)
Zoning code
CR
APN
069-032-009
UPID
US09-1333100
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · Santa Margarita, CA
Zoning CR · permitted uses
CR · Santa Margarita, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Margarita. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1941
Heating
NONE
Rooms
8
Bathrooms
4
Lot
0.25 ac
Current owner
From public records · entity-resolved
Simmons,mark D 2000 Trust
Trust
Mailing address
9190 LAS LOMAS AVE, ATASCADERO, CA 93422-5518
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2021
—
Mark D Simmons
—
Deed
related
$345,613 · Webb Family Trust
Oct 15, 2019
—
Mark D Simmons
—
Deed
related
$306,986 · Webb Family Trust (pt)
Oct 19, 2018
—
Simmons,mark D 2000 Trust
Simmons,mark D
Quit Claim Deed
related
—
Aug 22, 2018
—
Simmons,mark D Family Trust
Simmons,mark D
Quit Claim Deed
related
—
Aug 28, 2017
—
Mark D Simmons
—
Deed
related
$250,000 · Webb Family Trust (pt)
Dec 1, 1993
—
Shinn Trust
Shinn,james A &
Quit Claim Deed
related
—
Dec 31, 1990
$27,000
Shinn James A
Shinn,j Lamoyne
Grant Deed
related
—
—
—
Mark D Simmons
—
Deed Of Trust
related
$306,986 · Webb Family Trust (pt)
—
—
Mark D Simmons
—
Deed Of Trust
related
$41,550 · Heritage Oaks Bank
—
—
Mark D Simmons
—
Deed Of Trust
related
$250,000 · Webb Family Trust (pt)
—
—
Mark D Simmons
—
Deed Of Trust
related
$250,000 · Webb Family Trust (pt)
—
—
Mark D Simmons
—
Deed Of Trust
related
$400,000 · Heritage Oaks Bank
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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