Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Automotive properties
3850 El Camino Real Atascadero, CA 93422-2558
Individually Owned
1-yr Hold
Free & Clear
Property ID
US09-1121603
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1985
Construction
STEEL FRAME
Total area
9,074 SF
Lot
2.78 ac (121,096 SF)
Zoning code
CR
APN
049-221-027
UPID
US09-1121603
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
-
777 Auction Company Trade Show Venue (Bike/Boat/Book/etc) Store
-
777 Equipment Sales Big Box & Wholesale Store
-
777 Tractor Sales Agricultural Supply
-
Smitty's Bail Bonds Law Firm
-
777 Golf Carts & Rentals Golf Cart Dealer Party Equipment Rental Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.40M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$1.40M
Owner & transaction history
Betty Hendrix · 1 yrs held
Betty Hendrix
since 2025
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
CR · Atascadero, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
nonresidential zoning districts. § 9-3.330 Nonresidential district allowable land uses. § 9-3.331 Mixed-use residential density. § 9-3.340 Property development standards. § 9-3.341 CN Zone. § 9-3.342 CP Zone. § 9-3.343 CR Zone. § 9-3.344 CS Zone. § 9-3.345 CT Zone. § 9-3.346 CPK Zone. § 9-3.347 DC/DO Zone. § 9-3.348 IP Zone. § 9-3.349 I Zone. Article 4 Publi…
Zone name
Commercial Retail
General category
COMMERCIAL
Zone area
194.30 ac
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 Atascadero submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Atascadero 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
$1,400,000
ML approach
$1,400,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10% · vs last sale $1.40M (May 2 2024)
Last sale anchor
$1.40M
May 2 2024
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
$154 / 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
$18,635
Tax year 2024
Assessed value
$1,624,814
Assessed 2024
Previous assessed
$1,624,814
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$986,494
Assessed improvement
$638,320
Applied tax rate
7.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Total area
9,074 SF
Lot
2.78 ac (121,096 SF)
Zoning code
CR
APN
049-221-027
UPID
US09-1121603
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · Atascadero, CAZoning CR · permitted uses
CR · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
nonresidential zoning districts. § 9-3.330 Nonresidential district allowable land uses. § 9-3.331 Mixed-use residential density. § 9-3.340 Property development standards. § 9-3.341 CN Zone. § 9-3.342 CP Zone. § 9-3.343 CR Zone. § 9-3.344 CS Zone. § 9-3.345 CT Zone. § 9-3.346 CPK Zone. § 9-3.347 DC/DO Zone. § 9-3.348 IP Zone. § 9-3.349 I Zone. Article 4 Public Zoning Districts § 9-3.410 Intent. § 9-3.420 Purposes of the public zoning dist
Zone name
Commercial Retail
General category
COMMERCIAL
Zone area
194.30 ac
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Lot
2.78 ac
Current owner
From public records · entity-resolved
Betty Hendrix
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 6062, ATASCADERO, CA 93423-6062
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2025
—
Betty Hendrix
Betty Hendrix
Deed
related
—
May 2, 2024
—
Rex Hendrix
Rex Hendrix
Intrafamily Transfer
related
—
Jul 24, 2015
$1,400,000
Rex Hendrix
Mundee Trucking INC
Grant Deed
—
Jul 21, 2015
—
Mundee Trucking INC
Hendrix,stuart B & Catherine S
Grant Deed
related
—
Apr 24, 2013
$1,400,000
Stuart B Hendrix
Mundee Trucking INC
Grant Deed
$1,400,000 · Mundee Trucking INC
May 20, 2011
$2,200,000
Mundee Trucking INC
Atascadero Real Property LLC
Deed In Lieu Of Foreclosure
related
—
Nov 16, 2000
$1,349,000
Atascadero Real Property LLC
H E Madson INC
Grant Deed
—
Jun 24, 1994
$1,260,000
H E Madson INC
Lennon,vincent P
Grant Deed
$775,000 · Mid State Bank
—
—
Atascadero Real Property LLC
—
Deed Of Trust
related
$91,000 · Ronald Mundee
—
—
Vincent P Lennon
—
Deed Of Trust
related
$50,000 · Baker Stuart J
—
—
Atascadero Real Property LLC
—
Deed Of Trust
related
$3,398,856 · Ronald Mundee
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 3850 El Camino Real?
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.
