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Property profile & analytics
OFF-MARKET
Retail space
1129 Gdn Stb San Luis Obispo, CA 93401-3508
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0658703
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
TILT-UP CONCRETE
Total area
1,400 SF
Lot
0.12 ac (5,033 SF)
Zoning code
CC
APN
002-424-019
UPID
US09-0658703
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
Current use
Occupant on record · Public records
-
SLO Delicious Bake Shop Bakery Specialty Food Shop
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
Acacia Creek LP · 13 yrs held
Acacia Creek LP
since 2013
7 recorded transactions
Zoning & alternative use
CC · San Luis Obispo, 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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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
$23,613
Tax year 2024
Assessed value
$2,136,651
Assessed 2024
Previous assessed
$2,136,651
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,755,869
Assessed improvement
$380,782
Applied tax rate
3.0000
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
1930
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
4
Total area
1,400 SF
Lot
0.12 ac (5,033 SF)
Zoning code
CC
APN
002-424-019
UPID
US09-0658703
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CC · San Luis Obispo, CA
Zoning CC · permitted uses
CC · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
Acacia Creek LP
Entity
Mailing address
503 BATH ST, SANTA BARBARA, CA 93101-3403
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 25, 2013
—
Acacia Creek LP
Laguna Lake Partners LLC
Grant Deed
—
Nov 30, 2007
—
Laguna Lake Partners LLC
Gammon Partners II
Grant Deed
—
Mar 22, 2006
—
Partners Gammon II
Marshall H & J 2003 Trust
Grant Deed
—
Mar 21, 2006
—
Marshall Hamish & J 2003 Trust
Laguna Lake Partners LLC
Grant Deed
—
Oct 21, 2005
$350,000
Valle Vista Ranch LLC
Marion Barash Strong
Grant Deed
$2,450,000 · First Bank Of San Luis Obispo
Nov 24, 2004
—
Smith Family Trus T
Smith,james E & Beverly E
Quit Claim Deed
related
—
Mar 29, 2000
—
Marion B Strong
Strong,robert W
Quit Claim Deed
related
—
May 6, 1999
$680,000
Robert W Strong
Planck,janet T
Grant Deed
$630,000 · First Bank San Luis Obispo
—
—
Laguna Lake Partners LLC
—
Deed Of Trust
related
$2,845,000 · Westpac Shelter Corp
—
—
Lillian P Smith Estate
—
Deed Of Trust
related
$400,000 · Individual
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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