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Property profile & analytics
OFF-MARKET
Estimated value
$3,550,000
Warehouses
99 Aero Camino Goleta, CA 93117-3103
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2186419
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
25,512 SF
Lot
1.33 ac (57,934 SF)
APN
073-060-052
UPID
US09-2186419
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
$4.70M
CAP Approach
CAP
$2.92M
Comparable Approach
Comparable
$2.17M
Blend (final)
Blend
$3.55M
Owner & transaction history
Ilse Bourbeau · 4 yrs held
Ilse Bourbeau
since 2022
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.9M
+12.1%
Retail stores
$2.8M
+8.9%
Office building
$2.8M
+7.4%
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 Goleta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Goleta 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
$4,700,000
ML approach
$4,700,000
CAP Approach
CAP Return
Estimation
6%
$3,160,000
6.5%
$2,920,000
7%
$2,710,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,605,000
Current use
RESTAURANT
$2,920,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$2,835,000
Change: +9% · Conversion: Moderate
OFFICE BUILDING
$2,795,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$3.55M
Range $3.20M – $3.91M · ±10% · vs last sale $3.42M (Jul 28 2022)
Last sale anchor
$3.42M
Jul 28 2022
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
$139 / 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
$44,981
Tax year 2024
Assessed value
$4,150,750
Assessed 2024
Previous assessed
$4,150,750
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,388,369
Assessed improvement
$2,762,381
Applied tax rate
8.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Heating
NONE
Total area
25,512 SF
Lot
1.33 ac (57,934 SF)
APN
073-060-052
UPID
US09-2186419
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.6M
RESTAURANT
Est. value
$2.9M
RETAIL STORES
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.8M
WAREHOUSE, STORAGE Current
RESTAURANT
RETAIL STORES
OFFICE BUILDING
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
Heating
NONE
Lot
1.33 ac
Current owner
From public records · entity-resolved
Ilse Bourbeau
Individual
Mailing address
99 AERO CAMINO DR, GOLETA, CA 93117-3103
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 28, 2022
—
Ilse Bourbeau
Ilse Bourbeau
Intrafamily Transfer
related
—
Nov 27, 2012
$3,415,000
Aero Camino Industrial LLC
Burford L M & M A 1987 Trust
Grant Deed
$1,500,000 · Santa Barbara Bank & Trust
Jul 20, 2011
$375,000
Michele Bandinu
Burford L M & M A 1987 Trust
Grant Deed
$295,500 · Burford Lewis M & M A Trust
—
—
Burford L M & M A 1987 Trust
—
Deed Of Trust
related
$1,191,476 · Rabobank
—
—
Burford L M & M A 1987 Trust
—
Deed Of Trust
related
$1,050,000 · Rabobank
—
—
Burford L M & M A 1987 Trust
—
Deed Of Trust
related
$1,165,000 · American Riviera Bank
—
—
Burford Trust
—
Deed Of Trust
related
$300,000 · Santa Barbara Bank & Trust
—
—
Burford,tr
—
Deed Of Trust
related
$980,000 · Mid-state Bank & Trust Co
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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