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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Retail space
422 Main St Templeton, CA 93465-5302
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2026150
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1947
Construction
WOOD
Total area
1,850 SF
Lot
0.17 ac (7,500 SF)
Zoning code
CR
APN
041-113-006
UPID
US09-2026150
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
$705k
CAP Approach
CAP
$460k
Comparable Approach
Comparable
$869k
Blend (final)
Blend
$685k
Owner & transaction history
Haustin Morrison · 3 yrs held
Haustin Morrison
since 2023
Last sale
$650,000
5 recorded transactions
Zoning & alternative use
CR · Templeton, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$880,000
+47.0%
Auto repair, garage
$845,000
+41.0%
Commercial (general)
$840,000
+40.1%
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 Templeton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Templeton 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
$725,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
$500,000
6.5%
$460,000
7%
$430,000
Alternative Use
Use
Estimation
RETAIL STORES
$600,000
Current use
OFFICE BUILDING
$880,000
Change: +47% · Conversion: Easy
AUTO REPAIR, GARAGE
$845,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$840,000
Change: +40% · Conversion: Easy
MEDICAL BUILDING
$760,000
Change: +27% · Conversion: Difficult
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $650k (Aug 1 2023)
Last sale anchor
$650k
Aug 1 2023
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
$370 / 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
$7,211
Tax year 2024
Assessed value
$650,000
Assessed 2024
Previous assessed
$650,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$300,000
Assessed improvement
$350,000
Applied tax rate
126.0000
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1947
Construction
WOOD
Heating
NONE
Total area
1,850 SF
Lot
0.17 ac (7,500 SF)
Zoning code
CR
APN
041-113-006
UPID
US09-2026150
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · Templeton, CAZoning CR · permitted uses
CR · Templeton, CA
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
RETAIL STORES Current
Est. value
$600,000
OFFICE BUILDING
Est. value
$880,000
AUTO REPAIR, GARAGE
Est. value
$845,000
COMMERCIAL (GENERAL)
Est. value
$840,000
MEDICAL BUILDING
Est. value
$760,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
Year built
1947
Construction
WOOD
Heating
NONE
Lot
0.17 ac
Current owner
From public records · entity-resolved
Haustin Morrison
Individual
Mailing address
1038 SAMANTHA DR, PASO ROBLES, CA 93446-3216
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2023
$650,000
Haustin Morrison
James Frederick Herrmann
Grant Deed
$573,600 · James Frederick Herrmann Living Tru
Jul 6, 2023
—
James Frederick Herrmann
James F Herrmann
Intrafamily Transfer
related
—
Apr 6, 2023
—
James F Herrmann
James F Herrmann
Affidavit Of Death Of Joint Tenant
related
—
Jun 26, 1998
—
Edwina Nye
Howard,velora E
Quit Claim Deed
related
—
—
—
James F Herrmann
—
Deed Of Trust
related
$50,000 · Heritage Oaks 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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