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Property profile & analytics
OFF-MARKET
Office buildings
7770 Morro Rd Atascadero, CA 93422-4417
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-0575437
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1979
Construction
WOOD
Total area
1,632 SF
Lot
0.41 ac (18,055 SF)
Zoning code
CP
APN
031-183-044
UPID
US09-0575437
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
-
Ian B. Murton M.D., Inc. Physician
-
Central Coast Ear, Nose &Throat Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ian B Murton & Tracy Lynn Murton Re
Ian B Murton & Tracy Lynn Murton Re
since 2025
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$4,178
Tax year 2024
Assessed value
$323,797
Assessed 2024
Previous assessed
$323,797
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$208,903
Assessed improvement
$114,894
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
1979
Construction
WOOD
Heating
NONE
Total area
1,632 SF
Lot
0.41 ac (18,055 SF)
Zoning code
CP
APN
031-183-044
UPID
US09-0575437
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
1979
Construction
WOOD
Heating
NONE
Lot
0.41 ac
Current owner
From public records · entity-resolved
Ian B Murton & Tracy Lynn Murton Re
Individual
Mailing address
8600 BALBOA RD, ATASCADERO, CA 93422-1116
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
—
Ian B Murton & Tracy Lynn Murton Re
Ian B Murton & Tracy Lynn Murton Re
Deed
related
—
Mar 31, 2021
—
Ian B Murton
Ian B Murton
Intrafamily Transfer
related
—
Dec 2, 2015
$279,000
Ian B Murton
Jimmie D Shore
Grant Deed
$139,500 · Heritage Oaks Bank
Oct 24, 2003
—
Shores,tr
Norton,diane
Quit Claim Deed
related
—
Mar 21, 2003
—
Shores,tr
Norton,diane
Grant Deed
related
—
Jun 11, 2002
$210,000
Shores Trust
Norton,diane
Grant Deed
—
Apr 3, 2002
—
Shores Trust
Shores,jimmie D
Quit Claim Deed
related
—
Dec 10, 2001
—
Diane Norton
Shores,jimmie D
Grant Deed
related
—
Jun 16, 2000
$211,000
Jimmie D Shores
Davis,richard L & Jacqueline J
Grant Deed
$210,000 · Iverson Trust
Jul 8, 1998
—
Richard L Davis
Davis Trust
Quit Claim Deed
related
$129,500 · Heritage Oaks Bank
—
—
Shores,tr
—
Deed Of Trust
related
$200,000 · Santa Lucia Bank
—
—
Shores,tr
—
Deed Of Trust
related
$200,000 · Santa Lucia Bank
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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