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Property profile

1375 E Grand Ave Arroyo Grande, CA 93420

FOR SALE
Retail space
Property ID
US09-3785986
5,962 SF 0.47 ac lot Built 2009
Last sale Jan 2012 · $1,429,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A retail shopping center located along Grand Avenue in Arroyo Grande, positioned on the community’s primary commercial corridor. The center is described as a newer retail development designed to support a tenant mix focused on everyday retail and services, with nearby businesses including CVS, Panda Express, UPS Store, and Subway. The property provides access to the highway, supporting convenient customer and delivery access, and is situated in a commercial area with established surrounding retail amenities.

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?
$9k
Tax billed · 2024
Assessed value$1.57M
Assessed land$604k
Assessed improvement$966k
Effective rate0.56%

Value estimate

· Oct 2026
$340k
$306k – $374k
CAP approach$1.49M
Submarket $/SF estimate$1.52M
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$3k
Operating expenses−$24k
NOI · 2.72% cap applied$57k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$369/SF
Submarket average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$198 – $573

Cap rate analysis

How does the asset earn?
2.72%
$57k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GC
JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service14.7
Tailor Shop10.8
Pawn Shop8.9

Location

1375 E Grand Ave Arroyo Grande, CA 93420
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

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
100 Traffic, Arroyo Grande, CA 93420-3373 $1,480,000 Jul 2023 5,766 SF
1255 Grand, Arroyo Grande, CA 93420-2419 $1,350,000 Mar 2023 4,026 SF
121 Br, Arroyo Grande, CA 93420-2601 $6,925,000 May 2022 3,650 SF
Arroyo Grande, CA 93420 $1,252,000 May 2020 4,450 SF
1064 Grand, Arroyo Grande, CA 93420-2505 $1,252,000 May 2020 3,504 SF
114 Br, Arroyo Grande, CA 93420-2602 $217,500 Dec 2018 10,232 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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