Back to Search
Property profile & analytics
FOR SALE
Office buildings
2370 Skyway Dr Santa Maria, CA 93455
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0160902
For Sale
1 / 7
Contact for pricing
2370 Skyway Dr, Santa Maria, CA 93455
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Lot
1 ac (43,560 SF)
APN
111-051-024
UPID
US09-0160902
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
-
SCS Engineers, Santa Maria Environmental Consultant Construction Company
-
Royal Oak Ag Service Agricultural Service
-
Ksby TV Television Studio Media Distribution
-
Karina Valdez Marriage Or Relationship Counselor
-
Diana Peinado Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.63M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Francis D Freda · 4 yrs held
Francis D Freda
since 2021
Last sale
$1.7M
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
Method
Estimation
Statistic approach
$1,570,000
ML approach
$1,625,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.66M
Range $1.49M – $1.83M · ±10% · vs last sale $1.73M (Oct 15 2021)
Last sale anchor
$1.73M
Oct 15 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
—
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
$23,530
Tax year 2024
Assessed value
$2,010,928
Assessed 2024
Previous assessed
$2,010,928
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$493,245
Assessed improvement
$1,517,683
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Sale
Heating
NONE
Lot
1 ac (43,560 SF)
APN
111-051-024
UPID
US09-0160902
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 ac
Current owner
From public records · entity-resolved
Francis D Freda
Individual
Mailing address
345 RIDGECREST DR, SANTA BARBARA, CA 93108-2225
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 15, 2021
—
Francis D Freda
Francis D Freda
Intrafamily Transfer
related
$1,500,000 · Montecito Bank & Trust
Nov 24, 2015
$1,725,000
Freda,francis D & A 1991 Trust
Fair Sky Properties
Grant Deed
—
Sep 25, 2012
$1,140,000
Fair Sky Properties
Slb Asset Management INC
Grant Deed
—
Jan 11, 2012
$24,138
Slb Asset Management INC
Pacific Oak Foreclosure
Trustees Deed
related
—
Apr 3, 2007
—
Knutson Family Trust
Knutson,paul A & Astrid
Quit Claim Deed
related
—
Mar 30, 2007
—
Paul A Knutson
Knutson Family Trust
Quit Claim Deed
related
$85,000 · Santa Lucia Bank
Feb 22, 2007
—
Knutson Family Trust
Knutson,paul A & Astrid
Quit Claim Deed
related
—
Feb 20, 2007
—
Paul A Knutson
Knutson Family Trust
Quit Claim Deed
related
$75,000 · Santa Lucia Bank
Apr 20, 2006
—
Knutson Family Trust
Knutson,paul A & Astrid
Quit Claim Deed
related
—
Feb 17, 2006
—
Paul A Knutson
—
Trustees Deed
related
$1,808,467 · Santa Lucia Bank
Oct 28, 2004
$500,000
Paul A Knutson
Donovan,john P SR
Grant Deed
$400,000 · Charles Pasquini
Jun 27, 2000
$136,000
John P Donovan
Manfredi Trust
Grant Deed
$123,000 · Santa Barbara Bank & Trust
—
—
Fair Sky Properties
—
Deed Of Trust
related
$700,000 · Branch Clifford Trust
—
—
Knutson Family Trust
—
Deed Of Trust
related
$124,999 · Santa Lucia Bank
—
—
Knutson Family Trust
—
Deed Of Trust
related
$40,000 · Santa Lucia Bank
—
—
Knutson Family Trust
—
Deed Of Trust
related
$40,000 · Santa Lucia Bank
—
—
Knutson Family Trust
—
Deed Of Trust
related
$160,000 · Santa Lucia Bank
—
—
Fair Sky Properties
—
Deed Of Trust
related
$800,000 · 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.
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?”
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.
