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Property profile & analytics
OFF-MARKET
Manufacturing properties
2351 Thompson Way Bldg A, Santa Maria, CA 93455-1041
Entity Owned
24-yr Hold
~
Est. High Equity
Property ID
US09-0942490
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Lot
1.23 ac (53,578 SF)
APN
111-400-007
UPID
US09-0942490
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
-
Fountain Tech Distribution Center Logistics Company
-
Fountain Mountain Inc. Hardware & Home Improvement Garden Center
-
Joseph Engineering Construction Company General Contractor
-
RLV Tuned Exhaust Products, Inc. Industrial Manufacturer Production Facility
-
VLR Karts Industrial Manufacturer 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
Huntington Investment Group · 24 yrs held
Huntington Investment Group
since 2001
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
$18,755
Tax year 2024
Assessed value
$1,671,848
Assessed 2024
Previous assessed
$1,671,848
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$430,580
Assessed improvement
$1,241,268
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
1.23 ac (53,578 SF)
APN
111-400-007
UPID
US09-0942490
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
1.23 ac
Current owner
From public records · entity-resolved
Huntington Investment Group
Entity
Mailing address
2351 THOMPSON WAY BLDG A, SANTA MARIA, CA 93455-1041
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2001
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
Dec 24, 2001
$90,909
Huntington Investment Group
Verlengiere,arthur R & Barbara J
Grant Deed
—
Jun 7, 2000
—
Arthur R Verlengiere
Edmondson Trust
Grant Deed
related
—
May 30, 2000
$155,000
Verlengiere,arthur R & Barbara J
Kies,sue E
Trustees Deed
—
May 30, 2000
—
Kies,sue E
Edmondson,fred J
Trustees Deed
related
—
Mar 24, 2000
—
Edmondson Trust
Kies,sue E
Grant Deed
related
—
Jan 26, 2000
—
Sue E Kies
Kies,joseph B
Quit Claim Deed
related
—
—
—
Huntington Investment Group
—
Deed Of Trust
related
$500,000 · Santa Barbara Bank & Trust
—
—
Huntington Investment Group
—
Deed Of Trust
related
$990,000 · Union 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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