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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Investment properties
5802 Traffic Way Atascadero, CA 93422-4323
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3015758
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2022
Construction
WOOD
Total area
8,427 SF
Lot
0.39 ac (17,000 SF)
Zoning code
DC
APN
029-322-012
UPID
US10-3015758
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 Block Atascadero Real Estate Agency
-
EveryAmp Production Facility (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.48M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.53M
Owner & transaction history
The Block Atascadero LLC · 5 yrs held
The Block Atascadero LLC
since 2021
7 recorded transactions
Zoning & alternative use
DC · Atascadero, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
land uses. § 9-3.331 Mixed-use residential density. § 9-3.340 Property development standards. § 9-3.341 CN Zone. § 9-3.342 CP Zone. § 9-3.343 CR Zone. § 9-3.344 CS Zone. § 9-3.345 CT Zone. § 9-3.346 CPK Zone. § 9-3.347 DC/DO Zone. § 9-3.348 IP Zone. § 9-3.349 I Zone. Article 4 Public Zoning Districts § 9-3.410 Intent. § 9-3.420 Purposes of the public zoning…
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
55.32 ac
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,600,000
6.5%
$1,480,000
7%
$1,370,000
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10%
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
$181 / 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
$20,666
Tax year 2024
Assessed value
$1,417,662
Assessed 2024
Previous assessed
$1,417,662
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$175,302
Assessed improvement
$1,242,360
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2022
Construction
WOOD
Heating
NONE
Total area
8,427 SF
Lot
0.39 ac (17,000 SF)
Zoning code
DC
APN
029-322-012
UPID
US10-3015758
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
DC · Atascadero, CAZoning DC · permitted uses
DC · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
land uses. § 9-3.331 Mixed-use residential density. § 9-3.340 Property development standards. § 9-3.341 CN Zone. § 9-3.342 CP Zone. § 9-3.343 CR Zone. § 9-3.344 CS Zone. § 9-3.345 CT Zone. § 9-3.346 CPK Zone. § 9-3.347 DC/DO Zone. § 9-3.348 IP Zone. § 9-3.349 I Zone. Article 4 Public Zoning Districts § 9-3.410 Intent. § 9-3.420 Purposes of the public zoning districts. § 9-3.430 Public districts allowable land uses. § 9-3.440 Property dev
Zone name
Downtown Commercial
General category
COMMERCIAL
Zone area
55.32 ac
Building & site characteristics
From public records
Year built
2022
Construction
WOOD
Heating
NONE
Lot
0.39 ac
Current owner
From public records · entity-resolved
The Block Atascadero LLC
Entity
Mailing address
590 RANCHO OAKS DR, SAN LUIS OBISPO, CA 93401-8163
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2021
—
The Block Atascadero LLC
Thomas E Jess JR
Grant Deed
$2,454,000 · Pacific Western National Bank
Mar 23, 2021
—
Thomas E Jess JR
Thomas Jess
Intrafamily Transfer
related
—
Jun 29, 2020
$163,500
Thomas Jess
Kleinschmidt Kathryn S Trust
Grant Deed
—
Nov 30, 2016
$70,000
Kleinschmidt,kathryn S Trust
Brown Trust A
Grant Deed
$56,000 · Brown Trust A (pt)
May 10, 2007
$549,000
Brown Trust
Brown-foster LLC
Grant Deed
—
Dec 21, 2005
—
Brown-foster LLC
Brown Earl F Trust
Quit Claim Deed
—
Jan 19, 2005
$463,000
Brown Earl F Family Trust
Bateman Hugh Trust
Grant Deed
$375,000 · Coast National Bank
Jul 31, 2003
$125,000
Bateman,tr
Eisemann,marc
Grant Deed
—
Jul 31, 2003
—
Marc Eisemann
Eisemann,henry & Mary E
Quit Claim Deed
related
—
Dec 4, 2001
$92,000
Henry Eisemann
Rex Hendrix INC Mppp
Grant Deed
$64,400 · San Luis Trust Bank
Oct 20, 1989
$75,000
Hendrix Rex
Fortini,clementi
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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