Back to Search
Property profile & analytics
OFF-MARKET
Specialty properties
1129 Mesa Vw Dr Arroyo Grande, CA 93420-6542
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-0912593
Property profile
Verified
Property type
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Year built
1948
Construction
WOOD
Total area
704 SF
Lot
1.89 ac (82,328 SF)
Zoning code
RR
APN
075-311-016
UPID
US09-0912593
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
Lewis Ventures LLC · 5 yrs held
Lewis Ventures LLC
since 2021
7 recorded transactions
Zoning & alternative use
RR · Arroyo Grande, 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 Arroyo Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arroyo Grande 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
$11,627
Tax year 2024
Assessed value
$1,108,276
Assessed 2024
Previous assessed
$1,108,276
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$492,567
Assessed improvement
$615,709
Applied tax rate
52.0000
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
Specialty properties
Use group
VETERINARY, ANIMAL HOSPITAL
Status
Off-Market
Year built
1948
Construction
WOOD
Heating
YES
Buildings
3
Stories
1
Rooms
3
Bathrooms
3
Total area
704 SF
Lot
1.89 ac (82,328 SF)
Zoning code
RR
APN
075-311-016
UPID
US09-0912593
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RR · Arroyo Grande, CA
Zoning RR · permitted uses
RR · Arroyo Grande, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arroyo Grande. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Construction
WOOD
Heating
YES
Stories
1
Buildings
3
Rooms
3
Bathrooms
3
Lot
1.89 ac
Current owner
From public records · entity-resolved
Lewis Ventures LLC
Entity
Mailing address
1127 MESA VW DR, ARROYO GRANDE, CA 93420-6542
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Jun 30, 2021
—
Lewis Ventures LLC
Cody J Lewis
Grant Deed
$880,000 · Bank Of America NA
Mar 1, 2012
$900,000
Cody J Lewis
Morgan-long Family Liv Trust
Grant Deed
$1,400,000 · Live Oak Banking Co
Jun 27, 2011
—
Morgan-long Family Living Trust
Long,melanie M
Quit Claim Deed
related
—
Sep 14, 1999
$339,000
Melanie A Morgan
Majors,kevin L & Colleen
Grant Deed
—
Jun 29, 1999
$47,000
Kevin L Majors
Wam Investors INC
Grant Deed
related
—
Aug 12, 1998
$52,454
Wam Investors INC
Tellez,suanne M
Trustees Deed
—
Aug 12, 1998
—
Tellez,suanne M
Majors,brian
Trustees Deed
related
—
Jul 28, 1998
$47,000
Suanne M Tellez
Wam Investors INC
Grant Deed
related
—
Aug 1, 1997
$235,000
Wam Investors INC
Debroot,henri
Grant Deed
$188,000 · Seller
Jun 11, 1996
$335,000
Henri Degroot
Chase Trust
Grant Deed
$210,000 · Seller
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1129 Mesa Vw Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
