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Property profile & analytics
OFF-MARKET
Estimated value
$1,515,000
Retail properties & Spaces
4045 Foothill Rd Carpinteria, CA 93013-3093
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-0781034
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Year built
1966
Total area
2,360 SF
Lot
4.86 ac (211,701 SF)
APN
004-002-031
UPID
US09-0781034
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
-
The Village Gardener Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.52M
Owner & transaction history
Joal V Clayton II · 3 yrs held
Joal V Clayton II
since 2022
Last sale
$1.3M
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 Carpinteria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carpinteria 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
$1,775,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.52M
Range $1.36M – $1.67M · ±10% · vs last sale $1.29M (Sep 29 2022)
Last sale anchor
$1.29M
Sep 29 2022
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
$642 / 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
$19,043
Tax year 2024
Assessed value
$1,727,069
Assessed 2024
Previous assessed
$1,727,069
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,186,968
Assessed improvement
$540,101
Applied tax rate
59.0000
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
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Year built
1966
Heating
NONE
Bathrooms
3
Total area
2,360 SF
Lot
4.86 ac (211,701 SF)
APN
004-002-031
UPID
US09-0781034
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
Year built
1966
Heating
NONE
Bathrooms
3
Lot
4.86 ac
Current owner
From public records · entity-resolved
Joal V Clayton II
Individual
Mailing address
4045 FOOTHILL RD, CARPINTERIA, CA 93013-3093
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2022
—
Joal V Clayton II
Joal V Clayton II
Intrafamily Transfer
related
—
Aug 4, 2022
—
Joal V Clayton II
—
Deed
related
$400,000 · Provident Trust Group LLC Fbo
Feb 1, 2011
$775,000
Joal V Clayton II
Clayton Family 2003 Trust
Grant Deed
related
$600,000 · Clayton Family 2003 Trust
May 15, 2003
—
Clayton,tr
Clayton,joal & Patricia
Quit Claim Deed
related
—
Aug 1, 2001
$1,290,000
Joal Clayton
Wardell Trust
Grant Deed
$550,000 · Wardell Trust
Dec 1, 1997
—
Wardell Trust
Wardell Trust
Quit Claim Deed
related
—
Jul 6, 1995
—
Wardell Trust
Wardell,arla D
Quit Claim Deed
related
—
Jul 5, 1995
—
Arla D Wardell
Wardell Trust
Quit Claim Deed
related
$113,000 · Santa Barbara County FCU
—
—
Joal Clayton
—
Deed Of Trust
related
$600,000 · World Savings Bank
—
—
Clayton,tr
—
Deed Of Trust
related
$35,000 · Bravo Trust
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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