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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Retail space
955 El Camino Real Atascadero, CA 93422-1424
Trust Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1342847
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
WOOD
Total area
3,228 SF
Lot
0.66 ac (28,750 SF)
Zoning code
CPK
APN
049-045-003
UPID
US09-1342847
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
-
Verizon Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$805k
Comparable Approach
Comparable
$894k
Blend (final)
Blend
$960k
Owner & transaction history
Lungren,m Separate Prop Trust · 5 yrs held
Lungren,m Separate Prop Trust
since 2020
7 recorded transactions
Zoning & alternative use
CPK · Atascadero, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
l 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…
Zone name
Commercial Park
General category
INDUSTRIAL
Zone area
92.53 ac
Top alternative use upside
Auto repair, garage
$1.5M
+32.3%
Medical building
$1.3M
+18.9%
Commercial (general)
$1.1M
+1.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$805,000
7%
$750,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,115,000
Current use
AUTO REPAIR, GARAGE
$1,475,000
Change: +32% · Conversion: Difficult
MEDICAL BUILDING
$1,325,000
Change: +19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,135,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10%
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
$297 / SF
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
$31,357
Tax year 2024
Assessed value
$2,798,419
Assessed 2024
Previous assessed
$2,798,419
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,649,595
Assessed improvement
$1,148,824
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Total area
3,228 SF
Lot
0.66 ac (28,750 SF)
Zoning code
CPK
APN
049-045-003
UPID
US09-1342847
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CPK · Atascadero, CAZoning CPK · permitted uses
CPK · Atascadero, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
l 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 districts. § 9-3.430 Public districts allowable land uses. § 9
Zone name
Commercial Park
General category
INDUSTRIAL
Zone area
92.53 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Construction
WOOD
Heating
NONE
Lot
0.66 ac
Current owner
From public records · entity-resolved
Lungren,m Separate Prop Trust
Trust
Free & Clear · 5 yrs held
Mailing address
5533 N FRESNO ST APT #226, FRESNO, CA 93710-6178
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
Oct 27, 2020
—
Lungren,m Separate Prop Trust
Marilyn Lungren Separa Trust
Quit Claim Deed
related
—
Oct 30, 2014
—
Lungren,marilyn Trust
Atascadero 101 Associates
Grant Deed
—
Oct 15, 2013
$500,000
Atascadero 101 Associates
Schuyler Laragene Trust
Grant Deed
—
Aug 11, 2009
—
Schuyler Laragene Trust
Schuyler Laragene
Quit Claim Deed
related
—
Oct 3, 2008
—
Atascadero 101 Associates
Schuyler,genetta
Deed Of Trust
related
$2,600,000 · Bank Of America
Apr 22, 2005
—
Atascadero 101 Associates
—
Trustees Deed
related
$2,730,000 · Bank Of America
Feb 24, 2004
—
Schuyer,tr
Atascadero 101 Associates
Grant Deed
related
—
Jun 20, 2003
—
Atascadero 101 Associates
—
Grant Deed
related
$5,350,000 · Bank Of America
Dec 29, 2000
$370,000
Atascadero 101 Assoc
Gearhart,kelly
Grant Deed
—
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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