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Financial
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Property profile

1215 Embarcadero Morro Bay, CA 93442

OFF-MARKET
Retail space
Property ID
US09-2092787
5,648 SF Built 2020
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Morro Bay Landing is a waterfront leasehold property located at 1215 Embarcadero in Morro Bay, California. The site includes a recently constructed, multi-tenant retail building of approximately 5,239 square feet, along with marine facilities and storage improvements. The marine/recreational component provides 25 boat slips plus kayak and paddle board lockers, supporting dedicated water-based recreational storage. As configured, the project is arranged into three distinct operating components:…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$25k
Tax billed · 2024
Assessed value$2.27M
Assessed land$386k
Assessed improvement$1.88M
Effective rate1.11%

Value estimate

· Oct 2026
$1.63M
$1.46M – $1.79M
CAP approach$1.41M
Submarket $/SF estimate$1.83M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$324/SF
County average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$193 – $494

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.1
Building Supply13.1
Pharmacy12.2

Location

1215 Embarcadero Morro Bay, CA 93442-2041
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1141 Main, Morro Bay, CA 93442-2005 $1,200,000 Aug 2023 4,100 SF
710 Quintana, Morro Bay, CA 93442-1940 $2,400,000 Apr 2022 6,048 SF
2490 Quintana, Morro Bay, CA 93442 $2,750,000 Sep 2021 6,000 SF
530 Quintana, Morro Bay, CA 93442-1938 $2,750,000 Sep 2021 6,000 SF
590 Quintana, Morro Bay, CA 93442 $2,750,000 Sep 2021 4,728 SF
1320 Main, Morro Bay, CA 93442-2052 $350,000 Nov 2019 4,835 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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