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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Office buildings
7070 Morro Rd Atascadero, CA 93422-4434
Entity Owned
14-yr Hold
Free & Clear
Property ID
US09-1027195
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1991
Construction
TILT-UP CONCRETE
Total area
5,832 SF
Lot
0.47 ac (20,374 SF)
Zoning code
CP
APN
031-051-072
UPID
US09-1027195
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
-
Pickard and Butters Construction Construction Company
-
Ernest A. Casacca Attorney at Law Law Firm Child Welfare Organization
-
Out of the Mire Ministries Church
-
SEIU 1000 Corporate Office
-
HUB Studio Design Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.29M
Blend (final)
Blend
$1.14M
Owner & transaction history
St Joseph LLC · 14 yrs held
St Joseph LLC
since 2012
7 recorded transactions
Zoning & alternative use
CP · Atascadero, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
320 Purposes of the nonresidential zoning districts. § 9-3.330 Nonresidential district allowable 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 Z…
Zone name
Commercial Professional
General category
COMMERCIAL
Zone area
44.88 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±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
$195 / 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
$11,071
Tax year 2024
Assessed value
$788,103
Assessed 2024
Previous assessed
$788,103
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$320,166
Assessed improvement
$467,937
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
5,832 SF
Lot
0.47 ac (20,374 SF)
Zoning code
CP
APN
031-051-072
UPID
US09-1027195
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CP · Atascadero, CAZoning CP · permitted uses
CP · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
320 Purposes of the nonresidential zoning districts. § 9-3.330 Nonresidential district allowable 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
Zone name
Commercial Professional
General category
COMMERCIAL
Zone area
44.88 ac
Building & site characteristics
From public records
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.47 ac
Current owner
From public records · entity-resolved
St Joseph LLC
Entity
Free & Clear · 14 yrs held
Mailing address
PO BOX 6031, ATASCADERO, CA 93423-6031
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2012
$1,500
St Joseph LLC
William S Carnazzo
Grant Deed
—
Mar 30, 2012
—
St Joseph LLC
Carnazzo Louis A Trust
Grant Deed
—
Mar 30, 2012
$2,000
St Joseph LLC
James J Caniglia
Grant Deed
—
Mar 30, 2012
$2,500
St Joseph LLC
William S Carnazzo
Grant Deed
—
Mar 30, 2012
$4,000
St Joseph LLC
Olympic Warehouse Group
Grant Deed
—
Mar 30, 2012
$6,000
St Joseph LLC
Carnazzo Land Co INC
Grant Deed
—
Nov 5, 1999
$56,000
William S Carnazzo
Everett,arthur R
Grant Deed
—
May 11, 1999
—
Louis A Carnazzo Trustee
Carnazzo,louis A
Quit Claim Deed
related
—
Mar 4, 1997
$145,000
Olympic Warehouse Group
Hull Trust
Trustees Deed
—
Mar 4, 1997
—
Hull Trust
Van Wachem,martje
Trustees Deed
related
—
Feb 27, 1997
$25,000
Olympic Warehouse Group
Lauterbach,steve & Cathy M
Grant Deed
—
Jan 29, 1997
$144,000
Olympic Warehouse Group LP
Jerry Linthicum Ttee
Grant Deed
—
Dec 17, 1996
—
Louis A Carnazzo
Carnazzo,mary C
Quit Claim Deed
related
—
Dec 17, 1996
$162,500
Carnazzo Land Co INC
Zinman,jerry
Trustees Deed
$20,500 · Seller
Nov 2, 1994
$13,500
Jerry Zinman
Stinchfield Financial Services
Grant Deed
—
Nov 1, 1994
$55,000
Jerry Zinman
John G Henry Money Purchase Pp
Grant Deed
—
Aug 25, 1994
$55,000
Jerry Zimman
Walter B Milburn
Grant Deed
—
Jul 28, 1994
$14,000
Stinchfield Fin'l Svcs INC Psp
Stinchfield Fina
Grant Deed
related
—
Jun 22, 1990
$160,000
Oaks Lt Heritage
Smith,david W
Grant Deed
$406,250 · Individual
Nov 16, 1989
$160,000
David W Smith
Wood,donald H
Grant Deed
$135,000
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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