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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Commercial real estate
3319 Somis Rd Somis, CA 93066
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-1470533
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1952
Total area
2,800 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C1
APN
161-0-102-120
UPID
US10-1470533
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
-
Somis Cafe and Market Restaurant
-
Primo Water Refill Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$810k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$611k
Blend (final)
Blend
$775k
Owner & transaction history
Rosa Garcia · 3 yrs held
Rosa Garcia
since 2023
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
C1 · Somis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.2M
+24.7%
Office building
$1.1M
+13.7%
Medical building
$1.1M
+13.1%
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 Somis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somis 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
$790,000
ML approach
$810,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$940,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,175,000
Change: +25% · Conversion: Difficult
OFFICE BUILDING
$1,070,000
Change: +14% · Conversion: Easy
MEDICAL BUILDING
$1,065,000
Change: +13% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,050,000
Change: +11% · Conversion: Difficult
WAREHOUSE, STORAGE
$815,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $750k (Jun 14 2023)
Last sale anchor
$750k
Jun 14 2023
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
$277 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$8,719
Tax year 2023
Assessed value
$833,397
Assessed 2024
Previous assessed
$817,056
+2.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$333,068
Assessed improvement
$500,329
Applied tax rate
85.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1952
Heating
NONE
Total area
2,800 SF
Lot
0.2 ac (8,712 SF)
Zoning code
C1
APN
161-0-102-120
UPID
US10-1470533
Jurisdiction
VENTURA
Zoning & alternative use
C1 · Somis, CA
Zoning C1 · permitted uses
C1 · Somis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Somis. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$940,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$815,000
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
MEDICAL BUILDING
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1952
Heating
NONE
Lot
0.2 ac
Current owner
From public records · entity-resolved
Rosa Garcia
Individual
Mailing address
3515 SUTTER DR, OXNARD, CA 93033-5705
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 14, 2023
—
Rosa Garcia
Rosa Garcia
Intrafamily Transfer
related
—
Aug 30, 2022
—
Jorge Escobar
Jorge Escobar
Intrafamily Transfer
related
—
Dec 29, 2021
—
Arturo Murillo
Arturo Murillo
Intrafamily Transfer
related
—
May 30, 2018
$750,000
Arturo Murillo
Hall Family Trust
Grant Deed
$700,000 · Hall Family Trust (pt)
Apr 6, 2009
$351,316
Hall Family Trust
Simon Harold
Trustees Deed
related
—
Feb 25, 2009
$351,316
Hall Family Trust
Simon Harold
Trustees Deed
related
—
Jul 7, 1988
—
Casildo Quinones
Quin
Quit Claim Deed
related
—
—
—
Hall Family Trust
—
Deed Of Trust
related
$50,000 · Catanese & Wells
—
—
Casildo V Quinones
—
Deed Of Trust
related
$286,000 · Hall Family Trust
—
—
Casido V Quinones
—
Deed Of Trust
related
$50,000 · Bonner Trust
—
—
Casildo V Quinones
—
Deed Of Trust
related
$40,000 · Bonner Trust
—
—
Aurora C Quinones
—
Deed Of Trust
related
$50,000 · Bonner Trust
—
—
Casildo V Quinones
—
Deed Of Trust
related
$60,000 · Bonner Trust
—
—
Casildo V Quinones
—
Deed Of Trust
related
$56,000 · Individual
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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