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Property profile & analytics
OFF-MARKET
Estimated value
$1,700,000
Office buildings
928 Gdn St, Santa Barbara, CA 93101-1489
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-0058828
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Lot
0.08 ac (3,484 SF)
APN
029-301-042
UPID
US09-0058828
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
-
welcome to dr. jacques charles aesthetics, health & wellness institute! Alternative Medicine Practice
-
Bow and Beam Basics Hair Salon Nail Salon
-
Polymorph Beauty Big Box & Wholesale Store Cosmetic Store
-
Trichler Nelson B Financial Advisor
-
Shallabarger John F Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.70M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.70M
Owner & transaction history
Qiang Zhang · 2 yrs held
Qiang Zhang
since 2024
Last sale
$1.7M
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 Barbara submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Barbara 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
$1,700,000
ML approach
$1,700,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.70M
Range $1.53M – $1.87M · ±10% · vs last sale $1.70M (May 14 2024)
Last sale anchor
$1.70M
May 14 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
$13,275
Tax year 2024
Assessed value
$1,248,000
Assessed 2024
Previous assessed
$1,248,000
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$676,000
Assessed improvement
$572,000
Applied tax rate
2.0000
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
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Heating
NONE
Lot
0.08 ac (3,484 SF)
APN
029-301-042
UPID
US09-0058828
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
0.08 ac
Current owner
From public records · entity-resolved
Qiang Zhang
Individual
Mailing address
650 RUSSELL WAY, SANTA BARBARA, CA 93110-1539
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 14, 2024
—
Qiang Zhang
Xu Cao
Intrafamily Transfer
related
—
May 10, 2024
$1,700,000
Qiang Zhang
Ray Mahboob
Grant Deed
$700,000 · Yuen Design INC
Oct 17, 2019
—
Ray Mahboob
—
Deed
related
$645,000 · Montecito Bk&tr
May 17, 2016
$1,200,000
Ray Mahboob
J W Colin
Grant Deed
$900,000 · Community West Bank NA
Sep 7, 2005
—
Collin J W & S Trust
Buchanan T B & P M Trust
Grant Deed
—
Sep 3, 1999
—
Thomas B Buchanan Trustee
Buchanan,thomas B & Peggy M
Quit Claim Deed
related
—
Aug 17, 1999
—
Thomas B Buchanan
Jackson & Jackson 314
Grant Deed
$100,000 · Montecito Bank & Trust
—
—
Ray Mahboob
—
Deed Of Trust
related
$645,000 · Montecito Bk&tr
—
—
Thomas B Buchanan
—
Deed Of Trust
related
$150,000 · Douglas Poyourow INC
—
—
Thomas B Buchanan
—
Deed Of Trust
related
$300,000 · Montecito Bank & Trust
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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