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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Investment properties
1598 El Camino Real Grover Beach, CA 93433-1415
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1306938
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1948
Construction
TILT-UP CONCRETE
Total area
2,365 SF
Lot
5.28 ac (229,996 SF)
Zoning code
RA
APN
060-031-021
UPID
US09-1306938
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
by Request
Comparable Approach
Comparable
$869k
Blend (final)
Blend
$770k
Owner & transaction history
Ram Krupa Real Estate LLC · 8 yrs held
Ram Krupa Real Estate LLC
since 2017
7 recorded transactions
Zoning & alternative use
RA · Grover Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+0.5%
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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,075,000
Current use
AUTO REPAIR, GARAGE
$1,080,000
Change: +0% · Conversion: Difficult
MEDICAL BUILDING
$970,000
Change: -10% · Conversion: Easy
OFFICE BUILDING
$910,000
Change: -15% · Conversion: Easy
RETAIL STORES
$870,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$326 / 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
$9,900
Tax year 2024
Assessed value
$864,524
Assessed 2024
Previous assessed
$864,524
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$669,310
Assessed improvement
$195,214
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Rooms
4
Bathrooms
2
Total area
2,365 SF
Lot
5.28 ac (229,996 SF)
Zoning code
RA
APN
060-031-021
UPID
US09-1306938
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RA · Grover Beach, CA
Zoning RA · permitted uses
RA · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$970,000
OFFICE BUILDING
Est. value
$910,000
RETAIL STORES
Est. value
$870,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Rooms
4
Bathrooms
2
Lot
5.28 ac
Current owner
From public records · entity-resolved
Ram Krupa Real Estate LLC
Entity
Mailing address
845 MORRO AVE, MORRO BAY, CA 93442-2135
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Oct 17, 2017
$975,000
Ram Krupa Real Estate LLC
Smicodevco LP
Grant Deed
—
May 21, 2015
$680,000
Smicodevco LP
Halldin Martin D Liv Trust
Grant Deed
$350,000 · Brand Family Trust (pt)
Dec 19, 2013
—
Halldin,martin D Living Trust
Halldin H A & V E Trust
Quit Claim Deed
related
—
Dec 23, 2011
—
Halldin H A & V E Trust
Dorfman Homes INC
Deed In Lieu Of Foreclosure
related
$350,000 · Brand Family Trust (pt)
May 2, 2003
$900,000
Dorfman Homes INC
Elvin,scott V & Julie
Grant Deed
—
Jul 11, 2001
—
Scott V Elvin
Elvin,scott V
Quit Claim Deed
related
$275,000 · Provident Funding Assoc LP
—
—
Dorfman Homes INC
—
Deed Of Trust
related
$400,000 · Halldin H A & V E Trust
—
—
Scott V Elvin
—
Deed Of Trust
related
$50,000 · Santa Lucia Bank
—
—
Dorfman Homes INC
—
Deed Of Trust
related
$350,000 · Brand Trust
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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