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    1260 Main St Morro Bay, CA 93442-2008
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    Property profile & analytics

    1260 Main St, Morro Bay, CA 93442-2008

    View on Map

    • Retail space
    • 1,754 SF
    • 0.34 lot acres
    Off-Market
    Last Sale Mar 20, 2025
    $600,000
    Property ID
    US09-1171631
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $610,000
    Show details
    Cap Rate Potential
    4.4%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 1260 Main St

    Year built
    1952
    Construction
    WOOD
    Lot size
    0.34 lot acres
    Zone code
    C2
    Property type
    Retail space
    APN
    066-312-017
    APU
    66312017

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 20, 2025 $600,000 Pradeep Patel Morro Rock LLC Grant Deed —
    Sep 22, 2021 $450,000 Morro Rock LLC Michael Botkin Grant Deed $250k · Santa Cruz County Bank
    Mar 25, 2010 — Botkin Mike & C Family Trust Botkin,michael O & Cherrel Quit Claim Deed · related —
    Mar 3, 2006 — Michael O Botkin Botkin,michael O Quit Claim Deed · related $200k · Slf Lending INC
    Mar 2, 2001 — Michael O Botkin Botkin,michael Quit Claim Deed · related $118k · G W Davidson INC Psp

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $640,000
      ML approach
      $570,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $475,000
      6.5%
      $440,000
      7%
      $405,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $629,000
      Market price range: $339k - $867k
      AI Estimate
      $414,000
      Market price range: $147k - $569k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $570,000
      Current use
      COMMERCIAL (GENERAL)
      $915,000
      Change: +61% Conversion: Easy
      AUTO REPAIR, GARAGE
      $800,000
      Change: +41% Conversion: Difficult
      MEDICAL BUILDING
      $720,000
      Change: +27% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Morro Bay
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.85
    Latitude
    35.3708
    CBSA code
    42020
    CBSA name
    SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,174
    $286,110
    $182,070
    $468,180
    -
    $0.00
    $0.00
    $0.00
    More about this property
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