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Property profile & analytics
OFF-MARKET
Estimated value
$855,000
Office buildings
150 6th St Grover Beach, CA 93433-2057
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3612939
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1982
Construction
WOOD
Total area
1,061 SF
Lot
0.17 ac (7,500 SF)
Zoning code
CBD
APN
060-218-012
UPID
US09-3612939
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
$910k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$533k
Blend (final)
Blend
$855k
Owner & transaction history
Nelson P Silveira · 4 yrs held
Nelson P Silveira
since 2021
Last sale
$800,000
7 recorded transactions
Zoning & alternative use
CBD · 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
$920,000
ML approach
$910,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$855k
Range $770k – $941k · ±10% · vs last sale $800k (Oct 1 2021)
Last sale anchor
$800k
Oct 1 2021
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
$806 / 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
$9,531
Tax year 2024
Assessed value
$832,320
Assessed 2024
Previous assessed
$832,320
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$468,180
Assessed improvement
$364,140
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
NONE
Buildings
2
Total area
1,061 SF
Lot
0.17 ac (7,500 SF)
Zoning code
CBD
APN
060-218-012
UPID
US09-3612939
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CBD · Grover Beach, CA
Zoning CBD · permitted uses
CBD · Grover Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Grover Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
NONE
Buildings
2
Lot
0.17 ac
Current owner
From public records · entity-resolved
Nelson P Silveira
Individual
Mailing address
192 E WILLAMETTE AVE, FRESNO, CA 93706-5946
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2021
$800,000
Nelson P Silveira
Anselita Ct LLC
Grant Deed
—
Sep 10, 2021
—
Anselita Ct LLC
George L Green
Grant Deed
—
Jun 22, 2016
$441,500
Green,g L & S F Trust
Newdoll Hugo & Beulah Trust
Grant Deed
—
Jun 22, 2016
—
Ronald M Newdoll
Newdoll,beulah M
Affidavit Of Death
related
—
May 9, 1995
—
Newdoll Trust
Newdoll Trust
Quit Claim Deed
related
—
Dec 13, 1991
—
Robert H Newdoll
—
Grant Deed
related
$221,500 · Mid State Bank
—
—
Newdoll Trust
—
Deed Of Trust
related
$190,000 · Westamerica Bank
—
—
Newdoll H & B M Family Trust
—
Deed Of Trust
related
$30,595 · Coast National Bank
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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