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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Strip malls
1410 Grand Ave Grover Beach, CA 93433
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2093757
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
WOOD
Total area
29,304 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CPC
APN
060-247-007
UPID
US09-2093757
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$765k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$767k
Blend (final)
Blend
$765k
Owner & transaction history
Cal Coast Properties · 6 yrs held
Cal Coast Properties
since 2020
7 recorded transactions
Zoning & alternative use
CPC · Grover Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Grover Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grover Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$765,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,225,000
Current use
Blend value · Realmo final
$765k
Range $689k – $842k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$26 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$48,481
Tax year 2024
Assessed value
$4,233,568
Assessed 2024
Previous assessed
$4,233,568
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,843,651
Assessed improvement
$2,389,917
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Total area
29,304 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CPC
APN
060-247-007
UPID
US09-2093757
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CPC · Grover Beach, CAZoning CPC · permitted uses
CPC · Grover Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
NONE
Lot
1.54 ac
Current owner
From public records · entity-resolved
Cal Coast Properties
Entity
Mailing address
755 SANTA ROSA ST STE #310, SAN LUIS OBISPO, CA 93401-4805
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2020
—
Cal Coast Properties
Cal Coast Properties
Intrafamily Transfer
related
$2,000,000 · Pacific Premier Bank
Mar 13, 2014
—
Branch Smith Properties
Branch Clifford Trust
Quit Claim Deed
—
Jul 27, 2006
—
Branch Clifford Trust
Branch,cliff
Quit Claim Deed
related
—
Aug 31, 2005
—
Branch,cliff
Smith Family Trust
Grant Deed
—
Jul 6, 2005
—
Smith Family Trust
Smith,james E
Quit Claim Deed
related
—
Jun 30, 2005
—
Cliff Branch
Charles G Logue
Grant Deed
—
Mar 16, 1998
—
Charles G Logue
Whba Real Estate LP
Grant Deed
related
—
May 22, 1995
$1,376,199
Whba Real Estate LP
Kls
Trustees Deed
—
Mar 30, 1994
$217,000
Grover Beach Associates L P
Krausse,sheila A
Grant Deed
related
—
Feb 14, 1994
$100,000
Sheila A Krausse
Kls
Trustees Deed
—
—
—
Kls
—
Deed Of Trust
related
$210,000 · Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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