Property profile

1350 Grand Ave Arroyo Grande, CA 93420

OFF-MARKET
Office buildings
Property ID
US09-1877524
4,962 SF 0.38 ac lot Built 1984
Entity Owned 11-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1984
Construction WOOD
Total area 4,962 SF
Lot 0.38 ac (16,390 SF)
Zoning code GC
APN 077-341-054
UPID US09-1877524

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Clinic
  • Counselor Marriage Or Relationship Counselor

Location

1350 Grand Ave Arroyo Grande, CA 93420-2422
Arroyo Grande metro Census 11903 SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.52M
Comparable Approach Comparable
$1.62M
Blend (final) Blend
$1.50M

Owner & transaction history

since 2015
7 recorded transactions
2015
Price N/A
2014
$1.0M
2011
Price N/A
2011
$534,000
2005
Price N/A
2003
Price N/A
2002
$650,000

Zoning & alternative use

GC · Arroyo Grande, CA
Top alternative use upside
Commercial (general) $2.5M +29.5%
Auto repair, garage $2.3M +18.8%
Medical building $2.0M +6.8%

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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