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Property profile & analytics
OFF-MARKET
Estimated value
$2,125,000
Apartment buildings
5220 Traffic Way, Atascadero, CA 93422-4290
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5300624
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1918
Total area
824 SF
Lot
0.44 ac (19,005 SF)
Zoning code
MF20
APN
028-192-035
UPID
US09-5300624
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
$2.13M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.13M
Owner & transaction history
5220 Traffic Way LLC · 1 yrs held
5220 Traffic Way LLC
since 2024
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
MF20 · 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
$2,125,000
ML approach
$2,125,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.13M
Range $1.91M – $2.34M · ±10% · vs last sale $2.13M (Nov 6 2024)
Last sale anchor
$2.13M
Nov 6 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
$2,579 / 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
$20,248
Tax year 2024
Assessed value
$1,457,994
Assessed 2024
Previous assessed
$1,457,994
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$525,399
Assessed improvement
$932,595
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1918
Heating
NONE
Rooms
4
Bathrooms
1
Total area
824 SF
Lot
0.44 ac (19,005 SF)
Zoning code
MF20
APN
028-192-035
UPID
US09-5300624
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
MF20 · Atascadero, CA
Zoning MF20 · permitted uses
MF20 · 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
1918
Heating
NONE
Rooms
4
Bathrooms
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
5220 Traffic Way LLC
Entity
Mailing address
16200 DE WITT AVE, MORGAN HILL, CA 95037-4707
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2025
—
5220 Traffic Way LLC
—
Deed
related
$1,800,000 · Jpmorgan Chase Bank NA
Nov 6, 2024
$2,125,000
5220 Traffic Way LLC
Tinsmith LLC
Grant Deed
$1,487,500 · American Riviera Bank
Sep 21, 2009
—
Tinsmith LLC
Benakovich,steve J & Lucy M
Grant Deed
—
Oct 6, 2006
$1,110,000
Steve J Benakovich
Goodell,john C
Grant Deed
—
Sep 28, 2006
—
John C Goodell
Kerby,ellen I
Affidavit Of Death
—
Nov 26, 2003
—
John C Goodell
Goodell,john C
Quit Claim Deed
related
$605,500 · Santa Barbara Bank & Trust
Apr 25, 2003
$865,000
John C Goodell
Sorensen,tr
Grant Deed
$60,000 · Randolph Mcgrew
Jan 16, 1990
$225,500
Henning Sorensen
High,oscar L
Grant Deed
—
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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