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    127 Ramona Ave Grover Beach, CA 93433

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    For Sale
    $619,000

    Coastal Commercial zoned land near ocean, ideal for mixed-use development.

    Lot size:
    0.13 Acres

    Property Features for 127 Ramona Ave

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1964

    Source: BHGRE Haven Properties Agent Mike Oliver

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Corner Commercial Land Opportunity

    This property is a corner lot located steps from the ocean in the Butterfly Grove area. Zoned Coastal Commercial (CC), it is suitable for contractors, small businesses, or other commercial ventures. The property presents an opportunity for a mixed-use project, potentially offering ocean views from an upper level. The surrounding neighborhood is experiencing growth, with new mixed-use developments under construction. Planned investments include millions for a nearby hotel and convention center, as well as upgrades to the Train Station.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grover Beach
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6291103
    Latitude
    35.1231807

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    FAQs

    What type of property is this?
    Commercial land - Coastal Commercial zoned land near ocean, ideal for mixed-use development.
    Where is this commercial land located?
    The property is located at 127 Ramona Ave Grover Beach, CA.
    What is the asking price?
    The asking price for this property is $619,000.
    What are key features of this property?
    This property features: - Prime corner location steps from the ocean in the Butterfly Grove.; - Zoned Coastal Commercial (CC) suitable for contractors, small businesses, or commercial ventures.; - Opportunity for a mixed-use project with potential ocean views from an upper level.
    (805) 773-6611
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    127 Ramona Ave Grover Beach, CA 93433
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    Grover Beach, CA 93433
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    127 Ramona Ave Grover Beach, CA 93433
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