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Property profile & analytics
OFF-MARKET
Mining land & claims
850 Ormonde Rd San Luis Obispo, CA 93401
Individually Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1375798
Property profile
Verified
Property type
Mining land & claims
Use group
MINING, MINERAL, QUARRIES
Year built
1900
Construction
STEEL FRAME
Lot
50.08 ac (2,181,416 SF)
Zoning code
RL
APN
044-241-001
UPID
US09-1375798
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
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
Sentinel Peak Resources California · 3 yrs held
Sentinel Peak Resources California
since 2023
Last sale
$45,000
7 recorded transactions
Zoning & alternative use
RL · San Luis Obispo, 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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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
$3,928
Tax year 2024
Assessed value
$355,394
Assessed 2024
Previous assessed
$355,394
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$355,394
Applied tax rate
112.0000
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
Mining land & claims
Use group
MINING, MINERAL, QUARRIES
Status
Off-Market
Year built
1900
Construction
STEEL FRAME
Heating
NONE
Lot
50.08 ac (2,181,416 SF)
Zoning code
RL
APN
044-241-001
UPID
US09-1375798
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RL · San Luis Obispo, CA
Zoning RL · permitted uses
RL · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
STEEL FRAME
Heating
NONE
Lot
50.08 ac
Current owner
From public records · entity-resolved
Sentinel Peak Resources California
Individual
Free & Clear · 3 yrs held
Mailing address
1200 DISCOVERY DR STE #100, BAKERSFIELD, CA 93309-7033
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2023
$45,000
Sentinel Peak Resources California
John R Kiely III
Assignment Of Deed
—
Mar 5, 2021
—
Kathryn M Collins
Kathryn M Collins
Intrafamily Transfer
related
—
Jul 18, 2016
—
Maino,vernon J Trust
Maino Vernon J & E M Trust
Quit Claim Deed
related
—
Oct 18, 2012
—
Maino,runston G Trust
Maino,runston G
Quit Claim Deed
related
—
Nov 17, 2006
—
Vernon J Maino
Maino Family Trust
Quit Claim Deed
related
—
Feb 13, 1998
—
Shell Wester E&p INC
Calresources LLC
Quit Claim Deed
related
—
Aug 12, 1994
—
Maino Trust
Maino,jeannette
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.
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