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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Medical Office Space
255 Wilson St Nipomo, CA 93444-7829
Trust Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2132854
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1992
Construction
WOOD
Total area
7,047 SF
Lot
0.34 ac (15,000 SF)
Zoning code
OP
APN
090-141-001
UPID
US09-2132854
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
-
Dr. Brian N. Beres, DDS Dental Office
-
Chun Kalfred G DDS Dental Office
-
Burnsed Brooks DDS Dental Office
-
Adam's Dental Laboratory Dental Office
-
The Kavinoky Law Firm Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.42M
Owner & transaction history
Burnsed Family Trust · 19 yrs held
Burnsed Family Trust
since 2006
7 recorded transactions
Zoning & alternative use
OP · Nipomo, 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 Nipomo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nipomo 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±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
$201 / 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
$10,157
Tax year 2024
Assessed value
$968,095
Assessed 2024
Previous assessed
$968,095
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$153,292
Assessed improvement
$814,803
Applied tax rate
52.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
NONE
Total area
7,047 SF
Lot
0.34 ac (15,000 SF)
Zoning code
OP
APN
090-141-001
UPID
US09-2132854
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
OP · Nipomo, CAZoning OP · permitted uses
OP · Nipomo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1992
Construction
WOOD
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
Burnsed Family Trust
Trust
Free & Clear · 19 yrs held
Mailing address
725 AVOCET WAY, ARROYO GRANDE, CA 93420-5572
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2006
—
Burnsed Family Trust
Burnsed,horace B III & Lynda J
Quit Claim Deed
related
—
Oct 8, 1991
—
Burnsed Brooks
—
Grant Deed
related
$385,000 · Bank Of Santa Maria
May 29, 1990
$85,000
Brooks H Burnsed
Nelson,e Dean
Grant Deed
—
Feb 5, 1990
$23,000
Nelson E Dean
Nelson,e Dean
Grant Deed
related
—
Dec 14, 1989
$45,000
E Dean Nelson
Diaz,daniel
Grant Deed
$25,000
—
—
Horace B Burnsed
—
Deed Of Trust
related
$465,000 · Wells Fargo Bank
—
—
Horace B Burnsed III
—
Deed Of Trust
related
$480,000 · Goleta National 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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