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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Commercial land
26 Hwy 246, Buellton, CA 93427-9723
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2014589
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Total area
21,780 SF
Lot
0.53 ac (23,086 SF)
APN
137-190-024
UPID
US09-2014589
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
-
El Rancho Deals Check Cashing
-
Casual Coiffures Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.91M
CAP Approach
CAP
$2.37M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$2.30M
Owner & transaction history
Central Holding Group LLC · 4 yrs held
Central Holding Group LLC
since 2022
Last sale
$2.1M
6 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 Buellton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buellton 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
$2,820,000
ML approach
$2,910,000
CAP Approach
CAP Return
Estimation
6%
$2,570,000
6.5%
$2,370,000
7%
$2,200,000
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10% · vs last sale $2.05M (Feb 11 2022)
Last sale anchor
$2.05M
Feb 11 2022
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
$106 / 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
$6,884
Tax year 2024
Assessed value
$635,055
Assessed 2024
Previous assessed
$635,055
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$635,055
Applied tax rate
7.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Total area
21,780 SF
Lot
0.53 ac (23,086 SF)
APN
137-190-024
UPID
US09-2014589
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
0.53 ac
Current owner
From public records · entity-resolved
Central Holding Group LLC
Entity
Mailing address
831 CLF DR, SANTA BARBARA, CA 93109-2346
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2022
$2,050,000
Central Holding Group LLC
Sky Ranch Adventures LLC
Grant Deed
$525,000 · Farmers And Merchants Bank Of Long
Jul 3, 2017
—
Sky Ranch Adventures LLC
—
Grant Deed
related
$1,050,000 · Hartman Revocable Living Trust
Apr 19, 2017
$1,050,000
Sky Ranch Adventures LLC
Petersen L S Trust
Grant Deed
—
Apr 3, 2017
—
Leonard S Petersen JR
Petersen,estella M
Affidavit Of Death
related
—
Mar 28, 2017
—
Dwight C Kelley JR
Kelley,nancy J
Affidavit Of Death
related
—
Jan 6, 2003
—
Petersen,tr
Petersen,l
Quit Claim Deed
related
—
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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