Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Warehouses
745 Betteravia Rd Santa Maria, CA 93455-1247
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2236071
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Lot
5.74 ac (250,034 SF)
APN
117-760-003
UPID
US09-2236071
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
-
Engel & Gray Inc Construction Company
-
Dr. Aron Kivel Dental Office
-
Johnson Family Dental - Santa Maria Dental Office
-
Johnson Family Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.00M
Owner & transaction history
Robert R Engel · 2 yrs held
Robert R Engel
since 2024
Last sale
$2.0M
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 Santa Maria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Maria 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
$2,000,000
ML approach
$2,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.00M
Range $1.80M – $2.20M · ±10% · vs last sale $2.00M (Jul 3 2024)
Last sale anchor
$2.00M
Jul 3 2024
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
—
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
$20,992
Tax year 2024
Assessed value
$1,870,358
Assessed 2024
Previous assessed
$1,870,358
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,738,223
Assessed improvement
$132,135
Applied tax rate
3.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Lot
5.74 ac (250,034 SF)
APN
117-760-003
UPID
US09-2236071
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
Building & site characteristics
From public records
Heating
NONE
Lot
5.74 ac
Current owner
From public records · entity-resolved
Robert R Engel
Individual
Free & Clear · 2 yrs held
Mailing address
2711 W OCOTILLO AVE, SANTA MARIA, CA 93455-1607
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2024
—
Robert R Engel
Robert R Engel
Intrafamily Transfer
related
—
Jan 17, 2019
—
Will Family Trust
Will,eileen E
Quit Claim Deed
related
—
Dec 28, 2017
—
Livak,nicholas J & Mary E Trust
Livak,mary E
Quit Claim Deed
related
—
Nov 5, 2015
—
Engel,carl & Norma Trust
Engel,carl W JR
Quit Claim Deed
related
—
Apr 30, 2008
$2,000,000
Betteravia Properties LLC
Dorothy Giorgi
Grant Deed
—
Apr 30, 2008
—
Mary E Livak
Livak,nicholas J
Quit Claim Deed
related
—
Aug 13, 2003
—
Joni L Gray
Gray,tr
Quit Claim Deed
related
—
Dec 21, 1993
—
Carl W Engel
Engel,norma
Quit Claim Deed
related
—
Dec 21, 1993
$420,000
Livak,mary E
Engel Trust
Trustees Deed
$380,000 · Seller
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 745 Betteravia 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.
