New search
Property profile & analytics
FOR SALE
Industrial properties
5145 Traffic Way Atascadero, CA 93422
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2180810
For Sale
1 / 9
$1,950,000
5145 Traffic Way, Atascadero, CA 93422
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1998
Construction
TYPE NOT SPECIFIED
Total area
9,640 SF
Lot
0.22 ac (9,640 SF)
Zoning code
I
APN
028-191-021
UPID
US09-2180810
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
$1.60M
CAP Approach
CAP
$1.69M
Comparable Approach
Comparable
$1.93M
Blend (final)
Blend
$1.60M
Owner & transaction history
Alfred C Hipp · 1 yrs held
Alfred C Hipp
since 2024
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
I · Atascadero, 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 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
$1,600,000
ML approach
$1,600,000
CAP Approach
CAP Return
Estimation
6%
$1,830,000
6.5%
$1,690,000
7%
$1,570,000
Blend value · Realmo final
$1.60M
Range $1.44M – $1.76M · ±10% · vs last sale $1.60M (Nov 13 2024)
Last sale anchor
$1.60M
Nov 13 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
$166 / 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
$19,642
Tax year 2024
Assessed value
$1,715,519
Assessed 2024
Previous assessed
$1,715,519
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$359,185
Assessed improvement
$1,356,334
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Sale
Year built
1998
Construction
TYPE NOT SPECIFIED
Heating
NONE
Rooms
2
Bathrooms
2
Total area
9,640 SF
Lot
0.22 ac (9,640 SF)
Zoning code
I
APN
028-191-021
UPID
US09-2180810
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
I · Atascadero, CA
Zoning I · permitted uses
I · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Atascadero. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1998
Construction
TYPE NOT SPECIFIED
Heating
NONE
Rooms
2
Bathrooms
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Alfred C Hipp
Individual
Mailing address
17698 LOS ALAMOS ST, FOUNTAIN VALLEY, CA 92708-5214
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 13, 2024
—
Alfred C Hipp
Alfred C Hipp
Deed
related
—
Aug 13, 2019
$1,600,000
Alfred C Hipp
Michael L Molina
Grant Deed
$800,000 · American Riviera Bank
Feb 13, 1998
—
Heinemann Trust
Heinemann,hal C & Vicki M
Quit Claim Deed
related
—
Feb 5, 1998
$140,000
Hal C Heinemann
Heinemann Trust
Grant Deed
related
$140,000 · Seller
Nov 25, 1997
—
Hal C Heinemann
Darrell J Heinemann Trustee
Quit Claim Deed
related
—
Nov 14, 1997
$480,000
Molina,michael L & Gena
Lerno Trust
Trustees Deed
$348,000 · Ridenour Trust
Nov 14, 1997
—
Kelly V Gearhart
Gearhart,tamara
Quit Claim Deed
related
—
Oct 7, 1997
$176,000
Gearhart,kelly V
Miller Trust
Trustees Deed
$125,000 · Seller
Oct 7, 1997
—
Kelly V Gearhart
Gearhart,tamara
Quit Claim Deed
related
—
Jun 17, 1996
—
Lerno Trust
Miller,james H
Grant Deed
related
—
Jul 7, 1995
$175,000
Kelly V Gearhart
Torrez,miguel & Amelia B
Grant Deed
$300,000 · Rosso Trust
—
—
Michael L Molina
—
Deed Of Trust
related
$583,500 · Santa Lucia Bank
—
—
Lerno Trust
—
Deed Of Trust
related
$250,000 · Hesketh 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.
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?”
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.
