Property profile

107 Nelson St Arroyo Grande, CA 93420

OFF-MARKET
Office buildings
Property ID
US09-0027512
3,876 SF 0.17 ac lot Built 1983
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1983
Construction WOOD
Total area 3,876 SF
Lot 0.17 ac (7,475 SF)
Zoning code VMU
APN 007-491-029
UPID US09-0027512

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Marriage Or Relationship Counselor Counselor
  • Physician
  • Alternative Medicine Practice Spa & Massage Center
  • Spa & Massage Center Alternative Medicine Practice

Location

107 Nelson St Arroyo Grande, CA 93420-3318
Arroyo Grande metro Census 11800 SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.19M
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.19M

Owner & transaction history

since 2015
5 recorded transactions
2022
Price N/A
2015
$1.3M
2007
Price N/A
2005
$1.0M
2000
Price N/A

Zoning & alternative use

VMU · Arroyo Grande, CA
Zoning description

The primary purpose of the VMU district is to provide for a mixture of commercial, office and residential uses compatible with surrounding residential districts, in small scale pedestrian oriented developments

General category MIXED_USE
Top alternative use upside
Commercial (general) $1.9M +29.5%
Auto repair, garage $1.8M +18.8%
Medical building $1.6M +6.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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