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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Turn key restaurants
5934 Calle Real Goleta, CA 93117-2312
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1888331
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Total area
4,467 SF
Lot
0.57 ac (24,829 SF)
APN
069-110-046
UPID
US09-1888331
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$747k
Blend (final)
Blend
$625k
Owner & transaction history
Sb Parlors LLC · 16 yrs held
Sb Parlors LLC
since 2009
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 Goleta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goleta 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$510,000
Current use
RETAIL STORES
$495,000
Change: -3% · Conversion: Easy
OFFICE BUILDING
$490,000
Change: -4% · Conversion: Moderate
WAREHOUSE, STORAGE
$455,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±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
$140 / 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
$36,826
Tax year 2024
Assessed value
$2,838,044
Assessed 2024
Previous assessed
$2,838,044
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$1,300,270
Assessed improvement
$1,537,774
Applied tax rate
8.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Heating
NONE
Total area
4,467 SF
Lot
0.57 ac (24,829 SF)
APN
069-110-046
UPID
US09-1888331
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
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$510,000
RETAIL STORES
Est. value
$495,000
OFFICE BUILDING
Est. value
$490,000
WAREHOUSE, STORAGE
Est. value
$455,000
RESTAURANT Current
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
Heating
NONE
Lot
0.57 ac
Current owner
From public records · entity-resolved
Sb Parlors LLC
Entity
Mailing address
228 W CARRILLO ST STE F, SANTA BARBARA, CA 93101-6162
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
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
Jan 22, 2015
—
Sb Parlors LLC
—
Trustees Deed
related
$1,800,000 · Bank Of Santa Barbara
Oct 22, 2009
—
Sb Parlors LLC
Duncan,roger P & J Carol
Grant Deed
—
Oct 19, 2009
—
Roger P Duncan
Duncan Family Trust
Quit Claim Deed
related
—
Jul 18, 2006
—
Duncan Family Trust
Duncan,roger P & J Carol
Quit Claim Deed
related
—
Oct 31, 1991
$1,225,000
Duncan Roger P
Calle,real Inves
Grant Deed
$840,000 · City Commerce Bank
Feb 16, 1990
—
Real Inv L Calle
Gough,john C
Quit Claim Deed
related
$500,000 · Santa Barbara Bank
—
—
Roger P Duncan
—
Deed Of Trust
related
$548,750 · Quaker City Federal S & L
—
—
Sb Parlors LLC
—
Loan Modification
related
$1,912,000 · Bank Of Santa Barbara
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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