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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Industrial land
1088 Huston St Grover Beach, CA 93433-3111
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1666621
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
0.84 ac (36,590 SF)
Zoning code
LM
APN
060-545-033
UPID
US09-1666621
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
$810k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Cool,stephen & Karla Fam Trust · 6 yrs held
Cool,stephen & Karla Fam Trust
since 2020
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
LM · 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
Method
Estimation
Statistic approach
$850,000
ML approach
$810,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $725k (May 21 2020)
Last sale anchor
$725k
May 21 2020
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
—
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
$29,439
Tax year 2024
Assessed value
$2,570,749
Assessed 2024
Previous assessed
$2,570,749
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$543,318
Assessed improvement
$2,027,431
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 land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
0.84 ac (36,590 SF)
Zoning code
LM
APN
060-545-033
UPID
US09-1666621
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
LM · Grover Beach, CAZoning LM · permitted uses
LM · 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
Heating
NONE
Lot
0.84 ac
Current owner
From public records · entity-resolved
Cool,stephen & Karla Fam Trust
Trust
Mailing address
2855 PEACEFUL PT WAY, ARROYO GRANDE, CA 93420-5319
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2020
—
Cool,stephen & Karla Fam Trust
Cool Stephen & Karla F/tr
Quit Claim Deed
related
$750,000 · Miscellaneous Ins Co
Mar 24, 2020
$725,000
Cool Family Trust
Rr Lochhead Investment LLC
Grant Deed
—
Feb 10, 2020
—
Rr Lochhead Investment LLC
Lochhead Emilie J Trust
Quit Claim Deed
related
—
Feb 5, 2020
—
Cool,stephen & Karla Fam Trust
Cool Stephen & Karla F/tr
Quitclaim Deed
related
$1,080,000 · Miscellaneous Ins Co
Mar 30, 2018
$458,500
Cool,stephen & Karla Family Trust
Matthews Randy & M Trust
Grant Deed
$443,923 · Matthews Randy & M Tr (pt)
Mar 30, 2018
—
Cool,stephen & Karla Family Trust
—
Deed
related
—
May 6, 2010
—
Lochhead Family Trust
Lochhead,raymond R & Emilie M
Quit Claim Deed
related
—
Apr 22, 1999
—
Locks Self Storage Fort
—
Grant Deed
related
$500,000 · Mission Community Bank NA
Oct 26, 1994
$95,000
Michael English
Kagawa,george M & Katsuko
Grant Deed
$75,000 · Seller
—
—
Cool,stephen & Karl Family Trust
—
Loan Modification
related
—
—
—
Cool,stephen & Karla Family Trust
—
Loan Modification
related
—
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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