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Property profile & analytics
OFF-MARKET
Industrial properties
1080 Griffin St Grover Beach, CA 93433-3033
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2496144
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1960
Construction
WOOD
Total area
1,080 SF
Lot
0.17 ac (7,200 SF)
Zoning code
M
APN
060-545-013
UPID
US10-2496144
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mark L Nelson · 3 yrs held
Mark L Nelson
since 2022
Last sale
$170,000
7 recorded transactions
Zoning & alternative use
M · Grover Beach, CA
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 Grover Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grover Beach 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$2,458
Tax year 2024
Assessed value
$214,609
Assessed 2024
Previous assessed
$214,609
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$157,806
Assessed improvement
$56,803
Applied tax rate
5.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1960
Construction
WOOD
Heating
NONE
Rooms
5
Bathrooms
1
Total area
1,080 SF
Lot
0.17 ac (7,200 SF)
Zoning code
M
APN
060-545-013
UPID
US10-2496144
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
M · Grover Beach, CAZoning M · permitted uses
M · Grover Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1960
Construction
WOOD
Heating
NONE
Rooms
5
Bathrooms
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Mark L Nelson
Individual
Mailing address
545 S 5TH ST, GROVER BEACH, CA 93433-2611
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2022
—
Mark L Nelson
Mark L Nelson
Intrafamily Transfer
related
—
Sep 22, 2016
—
Mark L Nelson
Nelson,mark L
Quit Claim Deed
related
—
Apr 13, 2009
$170,000
Mark L Nelson
Morgan Stanley 2005-he7
Grant Deed
—
Apr 13, 2009
—
Mark L Nelson
Kohler,elena
Grant Deed
related
—
Feb 24, 2009
$165,504
Stanley Abs 2005-he7 Morgan
Ndex West LLC
Trustees Deed
related
—
Oct 1, 2004
$235,000
Maria Martinez
Machaj,aileen
Grant Deed
$240,000 · Accredited Home Lenders
Dec 16, 1996
—
Aileen Machaj
Machaj,andrew
Quit Claim Deed
related
—
Oct 7, 1996
—
Aileen Machaj
Machaj,andrew
Quit Claim Deed
related
—
—
—
Maria Martinez
—
Deed Of Trust
related
$328,000 · Wmc Mortgage Corp
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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