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Property profile & analytics
FOR SALE
Manufacturing properties
3510 Black Rd Santa Maria, CA 93455
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1731961
For Sale
1 / 38
$6,900,000
3510 Black Rd, Santa Maria, CA 93455
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Total area
13,419 SF
Lot
6.18 ac (269,200 SF)
APN
111-220-015
UPID
US09-1731961
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
-
Impo International Importer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.98M
Comparable Approach
Comparable
$1.97M
Blend (final)
Blend
$1.51M
Owner & transaction history
Tpa V LLC · 3 yrs held
Tpa V LLC
since 2023
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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,140,000
6.5%
$1,975,000
7%
$1,835,000
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±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
$112 / 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
$36,310
Tax year 2024
Assessed value
$3,236,862
Assessed 2024
Previous assessed
$3,236,862
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,377,665
Assessed improvement
$1,859,197
Applied tax rate
87.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Heating
NONE
Total area
13,419 SF
Lot
6.18 ac (269,200 SF)
APN
111-220-015
UPID
US09-1731961
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
6.18 ac
Current owner
From public records · entity-resolved
Tpa V LLC
Entity
Mailing address
1170 PO BOX 639TH ST STE #1650, SANTA MARIA, CA 93456-0639
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2026
—
Vb-s1 Assets LLC
—
Deed
related
$807,674 · Deutsche Bank Trust Company Americas
Jun 26, 2023
—
Tpa V LLC
Black Road Properties LLC
Assignment Of Lease (leasehold Sale)
—
Nov 20, 2019
—
Black Road Properties LLC
—
Deed
related
$1,316,000 · Ampac Tri-st Cdc
Mar 29, 2019
$2,960,000
Black Road Properties LLC
Sandalwood Warehouse LLC
Grant Deed
$1,594,500 · Zb NA
Mar 29, 2019
—
Sandalwood Warehouse LLC
Impo International LLC
Quit Claim Deed
related
—
—
—
Sandalwood Partners
—
Deed Of Trust
related
$1,000,000 · Los Padres Savings Bank
—
—
Black Road Proprties LLC
—
Deed Of Trust
related
$1,594,500 · Zions First Nat'l Bk
—
—
Black Road Properties LLC
—
Deed Of Trust
related
$1,316,000 · Ampac Tri-st Cdc
—
—
Sandalwood Partnership
—
Deed Of Trust
related
$925,000 · Los Padres 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.
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