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Property profile & analytics
OFF-MARKET
Estimated value
$11,495,000
Grocery and convenience stores
7135 El Camino Real Atascadero, CA 93422-4525
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3096356
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1995
Construction
TILT-UP CONCRETE
Total area
49,652 SF
Lot
3.84 ac (167,270 SF)
Zoning code
CR
APN
030-081-025
UPID
US09-3096356
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
-
Wells Fargo ATM Atm
-
Vons Bakery Bakery Specialty Food Shop
-
Vons Floral (Bike/Boat/Book/etc) Store Florist
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.41M
Comparable Approach
Comparable
$11.07M
Blend (final)
Blend
$11.50M
Owner & transaction history
Safeway Realty LLC · 3 yrs held
Safeway Realty LLC
since 2022
3 recorded transactions
Zoning & alternative use
CR · Atascadero, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$18.4M
+7.3%
Commercial (general)
$17.5M
+1.8%
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%
$13,445,000
6.5%
$12,410,000
7%
$11,525,000
Alternative Use
Use
Estimation
RETAIL STORES
$17,155,000
Current use
APARTMENT HOUSE (5+ UNITS)
$18,400,000
Change: +7% · Conversion: Difficult
COMMERCIAL (GENERAL)
$17,465,000
Change: +2% · Conversion: Easy
INDUSTRIAL (GENERAL)
$15,975,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$11.50M
Range $10.35M – $12.64M · ±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
$232 / 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
$118,840
Tax year 2024
Assessed value
$10,278,704
Assessed 2024
Previous assessed
$10,278,704
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$3,240,278
Assessed improvement
$7,038,426
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
49,652 SF
Lot
3.84 ac (167,270 SF)
Zoning code
CR
APN
030-081-025
UPID
US09-3096356
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · Atascadero, CA
Zoning CR · permitted uses
CR · 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
RETAIL STORES Current
Est. value
$17.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$18.4M
COMMERCIAL (GENERAL)
Est. value
$17.5M
INDUSTRIAL (GENERAL)
Est. value
$16.0M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
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
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
3.84 ac
Current owner
From public records · entity-resolved
Safeway Realty LLC
Entity
Free & Clear · 3 yrs held
Mailing address
250 E PARKCENTER BLVD, BOISE, ID 83706-3940
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2022
—
Safeway Realty LLC
Aci Real Estate Spe 149 LLC
Special Warranty Deed
—
Jun 10, 2020
—
Aci Real Estate Spe 149 LLC
Vons Companies INC
Quit Claim Deed
—
Feb 21, 2018
—
Vons Companies INC
—
Loan Modification
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.
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