Property profile

1118 Grand Ave Arroyo Grande, CA 93420

OFF-MARKET
Office buildings
Property ID
US09-3722312
1,701 SF 0.04 ac lot Built 1986
Trust Owned 20-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1986
Construction WOOD
Total area 1,701 SF
Lot 0.04 ac (1,701 SF)
Zoning code HS
APN 077-112-004
UPID US09-3722312

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
  • Physician
  • Physician

Location

1118 Grand Ave Arroyo Grande, CA 93420-2590
Arroyo Grande metro Census 11903 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
$520k
Comparable Approach Comparable
$495k
Blend (final) Blend
$305k

Owner & transaction history

since 2005
3 recorded transactions
2005
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

HS · Arroyo Grande, CA
Top alternative use upside
Commercial (general) $845,000 +29.5%
Auto repair, garage $775,000 +18.8%
Medical building $700,000 +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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