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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Retail space
2973 State St Santa Barbara, CA 93105-3425
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1751324
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Lot
1.58 ac (68,824 SF)
APN
051-122-011
UPID
US09-1751324
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
-
CDReload - Online Bitcoin ATM Currency Exchange Service Money Transfer Service
-
Buy Bitcoin Crypto Atm
-
UPS Access Point location Courier Service Postal Service
-
CVS Pharmacy Pharmacy
-
CVS Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$675k
Owner & transaction history
2973 State Street LLC · 4 yrs held
2973 State Street LLC
since 2022
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 Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara 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
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
—
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
$70,478
Tax year 2024
Assessed value
$6,635,895
Assessed 2024
Previous assessed
$6,635,895
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$4,424,233
Assessed improvement
$2,211,662
Applied tax rate
2.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Heating
NONE
Lot
1.58 ac (68,824 SF)
APN
051-122-011
UPID
US09-1751324
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
1.58 ac
Current owner
From public records · entity-resolved
2973 State Street LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1428 ONTARIO AVE, PASADENA, CA 91103-2354
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 11, 2022
—
2973 State Street LLC
Lisa M Dushais
Grant Deed
—
Oct 13, 2020
—
Vonderheide-dushais Trust No 2
Lisa M Dushais
Quit Claim Deed
related
—
Jul 21, 2020
—
Nevergold,m D Separate P Trust
Michelle D Nevergold
Quit Claim Deed
related
—
May 18, 2016
—
Lisa M Dushais
Dushais Family Trust
Quit Claim Deed
related
—
Jan 28, 2010
—
Dushais Family Trust
Dushais Family Trust
Quit Claim Deed
related
—
Dec 15, 1994
—
Walter G Dushais
Dushais Trust
Quit Claim Deed
related
—
Jan 31, 1994
—
L & M Tax Fund Trust
L & M Tax Fund T
Quit Claim Deed
related
—
Nov 8, 1991
$327,000
L&m,tax Fund Tru
Parker,fess E JR
Trustees Deed
related
—
Nov 8, 1991
$186,500
L&m,tax Fund Tru
Parker,fess E
Trustees 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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