Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Office buildings
320 Walnut Ave Lompoc, CA 93436-6835
Trust Owned
10-yr Hold
~
Est. High Equity
Property ID
US10-3272059
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1963
Total area
3,420 SF
Lot
0.16 ac (6,969 SF)
APN
085-131-001
UPID
US10-3272059
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
-
Superior Home Health and Hospice Home Health Care Service Hospice
-
LAWRENCE BON YEN LI Pediatrician Physician
-
Dwg Associates Inc Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.00M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Martinez Family Trust · 10 yrs held
Martinez Family Trust
since 2016
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 Lompoc submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lompoc 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%
$1,085,000
6.5%
$1,000,000
7%
$930,000
Blend value · Realmo final
$775k
Range $698k – $853k · ±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
$227 / 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
$5,074
Tax year 2024
Assessed value
$449,722
Assessed 2024
Previous assessed
$449,722
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$101,549
Assessed improvement
$348,173
Applied tax rate
1.0000
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
Status
Off-Market
Year built
1963
Heating
NONE
Bathrooms
1
Total area
3,420 SF
Lot
0.16 ac (6,969 SF)
APN
085-131-001
UPID
US10-3272059
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
Year built
1963
Heating
NONE
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Martinez Family Trust
Trust
Mailing address
320 E WALNUT AVE, LOMPOC, CA 93436-6835
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2016
$300,000
Martinez Family Trust
Bbg Investments LLC
Grant Deed
$193,750 · Montecito Bk&tr
Oct 9, 2007
—
Bbg Holdings LLC
Bbg Holdings LLC
Quit Claim Deed
related
$315,000 · Barnes Banking Co
Dec 18, 2006
—
Lloyd L Tiffany
Lampe,jody M
Quit Claim Deed
related
—
Dec 18, 2006
$350,000
Bbg Holdings LLC
Tiffany,lloyd L
Grant Deed
—
Jun 13, 2000
—
Michael A Nedegaard
Nedegaard Trust
Quit Claim Deed
related
—
Sep 13, 1999
—
Lloyd L Tiffany
Tiffany,patricia A
Quit Claim Deed
related
—
Apr 17, 1996
—
Lloyd L Tiffany
Tiffany,patricia A
Quit Claim Deed
related
—
Apr 17, 1996
$200,000
Tiffany,lloyd L
Nedegaard Trust
Trustees Deed
$175,000 · Seller
Aug 25, 1995
—
Nedegaard Trust
Nedegaard,clifford A & Arla
Quit Claim Deed
related
—
Nov 28, 1989
$185,000
Oak Tree Exchang
Petersen,dan M
Trustees Deed
$138,750 · Santa Barbara Bank
—
—
Bbg Holdings LLC
—
Deed Of Trust
related
$175,000 · Barnes Banking Co
—
—
Bbg Investments LLC
—
Deed Of Trust
related
$145,000 · Coastal Business Finance
—
—
Bbg Investments LLC
—
Deed Of Trust
related
$175,000 · Zions First 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.
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?”
You own 320 Walnut Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
