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Property profile & analytics
OFF-MARKET
Commercial land
3985 Broad St San Luis Obispo, CA 93401-7016
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-1920824
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
8.96 ac (390,297 SF)
Zoning code
CR
APN
053-421-003
UPID
US09-1920824
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nkt Tfb I LLC
Nkt Tfb I LLC
since 2025
7 recorded transactions
Zoning & alternative use
CR · San Luis Obispo, CA
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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$23,815
Tax year 2024
Assessed value
$2,154,914
Assessed 2024
Previous assessed
$2,154,914
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,154,914
Applied tax rate
3.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
8.96 ac (390,297 SF)
Zoning code
CR
APN
053-421-003
UPID
US09-1920824
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · San Luis Obispo, CA
Zoning CR · permitted uses
CR · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
8.96 ac
Current owner
From public records · entity-resolved
Nkt Tfb I LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2390TH LAS POSAS RD #209, CAMARILLO, CA 93010-3403
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 30, 2025
$2,165,000
Nkt Tfb I LLC
Broad And Tank Farm Investments LLC
Grant Deed
—
Jan 22, 2024
—
Broad And Tank Farm Investments LLC
Nicholas Hughan
Grant Deed
—
Nov 16, 2023
—
Jb Tank Farm LLC
Johannah Bradley
Grant Deed
—
Mar 2, 2021
—
Johannah Bradley
Johannah Mary Bradley
Intrafamily Transfer
related
—
Dec 22, 2020
—
Nicholas B Hughan
Ella L Touchstone
Correction Deed
related
—
Dec 4, 2020
—
Nkt Tfb I LLC
Nkt Dev LLC
Quit Claim Deed
related
—
Jun 19, 2017
—
Hughan,matthew Trust
Hughan,matthew J
Quit Claim Deed
related
—
Apr 25, 2017
—
Hughan,nicholas Trust
Hughan,nicholas B
Quit Claim Deed
related
—
Jun 20, 2014
—
Nkt Development LLC
P R Mcbride Family LP
Grant Deed
$1,575,000 · P R Mcbride Family LP
Mar 5, 2014
—
P R Mcbride Family LP
Howard Mcbride Family LP
Quit Claim Deed
related
—
Sep 21, 2012
—
Olson Catherine E Trust
Olson,catherine E
Quit Claim Deed
related
—
Mar 16, 2010
—
Nicholas B Hughan
Hughan,john W & Louise T
Quit Claim Deed
related
—
Oct 15, 2004
—
Catherine E Olson
Mcbride,william E
Grant Deed
related
—
Dec 11, 2003
—
Howard Mcbride Family LP
Mcbride,tr
Quit Claim Deed
related
—
Jul 18, 1995
—
Mcbride Trust
Mcbride,howard J
Quit Claim Deed
related
—
—
—
Nkt Tfb I LLC
—
Loan Modification
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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