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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Retail space
1101 Grand Ave Grover Beach, CA 93433-2138
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-2786063
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Construction
WOOD
Total area
3,000 SF
Lot
0.13 ac (5,663 SF)
Zoning code
HC
APN
060-237-008
UPID
US09-2786063
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
$750k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Auer Real Estate INC
Auer Real Estate INC
since 2025
5 recorded transactions
Zoning & alternative use
HC · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$810,000
6.5%
$750,000
7%
$695,000
Blend value · Realmo final
$550k
Range $495k – $605k · ±10%
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
$183 / 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
$4,033
Tax year 2024
Assessed value
$352,166
Assessed 2024
Previous assessed
$352,166
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$155,364
Assessed improvement
$196,802
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Rooms
2
Bathrooms
2
Total area
3,000 SF
Lot
0.13 ac (5,663 SF)
Zoning code
HC
APN
060-237-008
UPID
US09-2786063
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
HC · Grover Beach, CA
Zoning HC · permitted uses
HC · Grover Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grover Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
NONE
Rooms
2
Bathrooms
2
Lot
0.13 ac
Current owner
From public records · entity-resolved
Auer Real Estate INC
Entity
Free & Clear · 0 yrs held
Mailing address
231 MOORE LN, ARROYO GRANDE, CA 93420-5039
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2025
—
Auer Real Estate INC
1101 W Grand Ave LLC
Grant Deed
—
Mar 12, 2025
$600,000
1101 W Grand Ave LLC
Donna M Goodwin
Grant Deed
—
Jul 10, 2009
—
Goodwin W & D Family Trust
Goodwin W & D Family Trust
Quit Claim Deed
related
—
Aug 22, 2008
—
Donna M Goodwin
Goodwin,warren M
Affidavit Of Death
related
—
Feb 5, 2007
—
Goodwin W & D Family Trust
Goodwin,warren M
Quit Claim Deed
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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