Property profile

118 Nelson St Arroyo Grande, CA 93420

OFF-MARKET
Office buildings
Property ID
US09-2456097
1,400 SF 0.14 ac lot Built 1890
Individually Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1890
Construction WOOD
Total area 1,400 SF
Lot 0.14 ac (6,098 SF)
Zoning code PD
APN 007-541-003
UPID US09-2456097

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

118 Nelson St Arroyo Grande, CA 93420
Arroyo Grande metro Census 11800 SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$320k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$320k

Owner & transaction history

since 2020
7 recorded transactions
2020
Price N/A
2020
Price N/A
2019
$700,000
1999
$113,500
1997
Price N/A
1993
Price N/A
1993
$76,500

Zoning & alternative use

PD · Arroyo Grande, CA
Zoning description

The purpose of establishing these districts has been to grant or require diversification in the location of structures and other site elements which were believed to be appropriately compatible, while ensuring adequate s…

General category PLANNED_DEVELOPMENT

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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