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Property profile & analytics
OFF-MARKET
Estimated value
$1,980,000
Office buildings
1560 Mesa Rd Ste 300 Nipomo, CA 93444-6709
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5195679
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
2021
Construction
WOOD
Total area
7,454 SF
Lot
1.01 ac (43,995 SF)
Zoning code
CS
APN
091-603-009
UPID
US09-5195679
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
by Request
CAP Approach
CAP
$2.28M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$1.98M
Owner & transaction history
1560 Mesa LLC · 6 yrs held
1560 Mesa LLC
since 2019
7 recorded transactions
Zoning & alternative use
CS · Nipomo, 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 Nipomo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nipomo 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,465,000
6.5%
$2,275,000
7%
$2,115,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$3,060,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.98M
Range $1.78M – $2.18M · ±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
$266 / 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
$18,924
Tax year 2024
Assessed value
$1,803,710
Assessed 2024
Previous assessed
$1,803,710
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$464,261
Assessed improvement
$1,339,449
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2021
Construction
WOOD
Heating
NONE
Total area
7,454 SF
Lot
1.01 ac (43,995 SF)
Zoning code
CS
APN
091-603-009
UPID
US09-5195679
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CS · Nipomo, CAZoning CS · permitted uses
CS · Nipomo, 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
MEDICAL BUILDING
Est. value
$3.1M
MEDICAL BUILDING
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
2021
Construction
WOOD
Heating
NONE
Lot
1.01 ac
Current owner
From public records · entity-resolved
1560 Mesa LLC
Entity
Free & Clear · 6 yrs held
Mailing address
645 CLARION CT, SAN LUIS OBISPO, CA 93401-8177
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2024
—
1560 Mesa LLC
—
Deed
related
$550,000 · Pacific Premier Bank
Jun 10, 2021
—
1560 Mesa LLC
—
Deed
related
$2,600,000 · Pacific Premier Bank
Dec 31, 2020
—
Mesa LLC
—
Deed
related
$1,500,000 · Pacific Premier Bank
Aug 1, 2019
$433,500
1560 Mesa LLC
Monarch Dunes LLC
Grant Deed
—
Dec 28, 2017
—
Monarch Dunes LLC
—
Loan Modification
related
$35,000,000 · Housing Cap
Jun 2, 2016
—
Monarch Dunes LLC
—
Deed Of Trust
related
$46,000,000 · Housing Cap
Dec 12, 2012
$30,720,500
Monarch Dunes LLC
Woodlands Ventures LLC
Grant Deed
$40,000,000 · Housing Capital Co
—
—
Monarch Dunes LLC
—
Loan Modification
related
$40,000,000 · Housing Capital Co
—
—
Monarch Dunes LLC
—
Loan Modification
related
$40,000,000 · Housing Capital Co
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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