New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,375,000
Drive through restaurants
6300 Morro Rd Atascadero, CA 93422-4157
Entity Owned
22-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0846960
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1978
Construction
TILT-UP CONCRETE
Total area
4,788 SF
Lot
0.35 ac (15,140 SF)
Zoning code
CT
APN
030-211-039
UPID
US09-0846960
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
-
McDonald's Restaurant Take-out & Catering
-
Family Tree Service Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.38M
Owner & transaction history
Property Archland II · 22 yrs held
Property Archland II
since 2004
7 recorded transactions
Zoning & alternative use
CT · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,190,000
Change: -9% · Conversion: Difficult
MEDICAL BUILDING
$1,965,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.38M
Range $1.24M – $1.51M · ±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
$287 / 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
$30,206
Tax year 2024
Assessed value
$2,198,224
Assessed 2024
Previous assessed
$2,198,224
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$393,711
Assessed improvement
$1,804,513
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
4,788 SF
Lot
0.35 ac (15,140 SF)
Zoning code
CT
APN
030-211-039
UPID
US09-0846960
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CT · Atascadero, CA
Zoning CT · permitted uses
CT · 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.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE
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
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.35 ac
Current owner
From public records · entity-resolved
Property Archland II
Entity
Free & Clear · 22 yrs held
Mailing address
110 N CARPENTER ST, CHICAGO, IL 60607-4106
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
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
Jul 1, 2004
—
Property Archland II
System Capital Real Property
Grant Deed
related
—
Jul 14, 2000
—
System Capital Real Property
Sell Trust
Trustees Deed
related
—
Jan 28, 2000
—
Richard C Crook
Caroline S Eaton Estate
Grant Deed
related
—
Jan 15, 1998
—
Beverly T Barrows
Barrows,stephen W
Quit Claim Deed
related
—
Nov 29, 1994
$25,000
Meredith,catherine E
Mc Elvain,kevin
Trustees Deed
—
Nov 29, 1994
—
Beverly J Trackwell
Meredith,catherine E
Quit Claim Deed
related
—
Nov 29, 1994
$47,500
Trackwell,beverly J
Trackwell,beverly J
Trustees Deed
related
—
Jun 7, 1994
—
Sell Trust
Sell,jeffrey A &
Quit Claim Deed
related
—
Feb 4, 1994
$50,000
Jeffrey A Sell
Meredith,roy D
Grant Deed
—
Jan 21, 1994
$55,000
Trackwell,beverly J
Meredith,catheri
Trustees Deed
—
Jan 21, 1994
—
Kevin Mc Elvain
Kuivenhoven,dirk
Quit Claim Deed
related
—
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?”
You own 6300 Morro Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
