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Property profile & analytics
OFF-MARKET
Office buildings
8930 Morro Rd Atascadero, CA 93422-3984
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3025082
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2003
Construction
WOOD
Total area
1,543 SF
Lot
0.16 ac (7,150 SF)
Zoning code
CR
APN
031-291-026
UPID
US10-3025082
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
-
Hanley Roy A Law Firm
-
North County Tax and Accounting Tax Preparation
-
Nicholas Medeiros, CPA, PC Tax Preparation
-
Hanley & Fleishman, LLP Consultant
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
Nicholas A Medeiros · 5 yrs held
Nicholas A Medeiros
since 2020
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
CR · Atascadero, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
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 Publi…
Zone name
Commercial Retail
General category
COMMERCIAL
Zone area
194.30 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
$5,886
Tax year 2024
Assessed value
$477,543
Assessed 2024
Previous assessed
$477,543
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$159,181
Assessed improvement
$318,362
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
2003
Construction
WOOD
Heating
NONE
Bathrooms
2
Total area
1,543 SF
Lot
0.16 ac (7,150 SF)
Zoning code
CR
APN
031-291-026
UPID
US10-3025082
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · Atascadero, CAZoning CR · permitted uses
CR · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
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 public zoning dist
Zone name
Commercial Retail
General category
COMMERCIAL
Zone area
194.30 ac
Building & site characteristics
From public records
Year built
2003
Construction
WOOD
Heating
NONE
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
Nicholas A Medeiros
Individual
Mailing address
16455 SW AVE, CARUTHERS, CA 93609-9613
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Aug 26, 2020
$450,000
Nicholas A Medeiros
Stephen R Mccarty
Grant Deed
$382,500 · Bank Of The West
Aug 26, 2020
—
Nicholas A Medeiros
Rebecca Medeiros
Quit Claim Deed
related
—
Nov 30, 2017
$404,000
Mccarty Family Trust
Hanley,cathy
Grant Deed
—
Dec 28, 2016
—
Cathy Hanley
Hanley,roy
Quit Claim Deed
—
Dec 5, 2003
$297,000
Psychedelic Unicorn LLC
Morro Road Homes LLC
Grant Deed
$267,000 · Heritage Oaks Bank
Dec 30, 2002
—
Morro Road Homes LLC
Gearhart,kelly
Grant Deed
related
—
Sep 20, 2002
—
Kelly V Gearhart
Gearhart,tamara
Quit Claim Deed
related
—
Sep 20, 2002
$90,000
Kelly V Gearhart
Polin,martin
Grant Deed
$300,000 · Polin Trust
—
—
Kelly V Gearhart
—
Deed Of Trust
related
$200,000 · Bernard C Taylor
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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