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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Strip malls
3450 Orcutt Rd Santa Maria, CA 93455-2608
Entity Owned
15-yr Hold
~
Est. High Equity
Property ID
US09-1641153
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Total area
3,336 SF
Lot
3.69 ac (160,736 SF)
APN
109-200-043
UPID
US09-1641153
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
-
Domino's Pizza Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
$810k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$700k
Owner & transaction history
Pr Investments LLC · 15 yrs held
Pr Investments LLC
since 2010
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 Maria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Maria 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
$590,000
CAP Approach
CAP Return
Estimation
6%
$880,000
6.5%
$810,000
7%
$755,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$815,000
Change: 0% · Conversion: Easy
OFFICE BUILDING
$705,000
Change: 0% · Conversion: Moderate
AUTO REPAIR, GARAGE
$670,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$580,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$210 / 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
$96,141
Tax year 2024
Assessed value
$5,816,594
Assessed 2024
Previous assessed
$5,816,594
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$2,699,093
Assessed improvement
$3,117,501
Applied tax rate
80.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Heating
NONE
Total area
3,336 SF
Lot
3.69 ac (160,736 SF)
APN
109-200-043
UPID
US09-1641153
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$815,000
OFFICE BUILDING
Est. value
$705,000
AUTO REPAIR, GARAGE
Est. value
$670,000
RETAIL STORES
Est. value
$580,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
Heating
NONE
Lot
3.69 ac
Current owner
From public records · entity-resolved
Pr Investments LLC
Entity
Mailing address
PO BOX 2040, SANTA MARIA, CA 93457-2040
Ownership since
2010
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
Dec 31, 2020
—
Pr Investments LLC
—
Deed
related
$100,000 · Coasthills Cu
May 22, 2018
—
Pr Investments LLC
—
Grant Deed
related
$7,000,000 · Pacific Premier Bk
Dec 1, 2010
—
Pr Investments LLC
Silva F M 2009 Living Trust
Quit Claim Deed
related
—
Oct 27, 2009
—
Pr Investments LLC
—
Grant Deed
related
$5,460,000 · Heritage Oaks Bank
Oct 13, 2008
—
Pr Investments LLC
Pr Investments LLC
Quit Claim Deed
related
—
Mar 6, 2006
—
Pr Investments LLC
Prather,paul & Jacqueline
Grant Deed
related
—
Jan 20, 2005
$3,100,000
Paul Prather
Osterwiecki,paul
Grant Deed
$1,600,000 · Los Padres Bank
—
—
Pr Investments LLC
—
Deed Of Trust
related
$272,000 · Heritage Oaks Bank
—
—
Pr Investments LLC
—
Deed Of Trust
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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