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Property profile & analytics
OFF-MARKET
Estimated value
$1,435,000
Grocery and convenience stores
1707 Frnt St Oceano, CA 93445-9506
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0912537
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
1961
Construction
TILT-UP CONCRETE
Total area
1,032 SF
Lot
0.29 ac (12,632 SF)
Zoning code
CR
APN
062-042-053
UPID
US09-0912537
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
$1.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.44M
Owner & transaction history
Dd Property Investment LLC · 6 yrs held
Dd Property Investment LLC
since 2020
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
CR · Oceano, 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 Oceano submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oceano 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
$1,520,000
ML approach
$1,610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.44M
Range $1.29M – $1.58M · ±10% · vs last sale $1.30M (Mar 13 2020)
Last sale anchor
$1.30M
Mar 13 2020
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
$1,391 / 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
$15,519
Tax year 2024
Assessed value
$1,393,859
Assessed 2024
Previous assessed
$1,393,859
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$536,099
Assessed improvement
$857,760
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Total area
1,032 SF
Lot
0.29 ac (12,632 SF)
Zoning code
CR
APN
062-042-053
UPID
US09-0912537
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · Oceano, CA
Zoning CR · permitted uses
CR · Oceano, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Oceano. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Dd Property Investment LLC
Entity
Mailing address
1711 FRNT ST, OCEANO, CA 93445-9506
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 13, 2020
$1,300,000
Dd Property Investment LLC
Kavi Petroleum INC
Grant Deed
$1,360,000 · Commonwealth Business Bank
Oct 15, 2019
—
Kavi Petroleum INC
Cherag N Patel
Quit Claim Deed
related
—
Jan 29, 2010
—
Cherag N Patel
Patel,harmisha
Quit Claim Deed
related
—
Jan 29, 2010
$350,000
Cherag N Patel
Mission Community Development Corpo
Grant Deed
—
May 29, 2009
$251,496
Mission Community Dev Corp
California & Pacific Oaks
Trustees Deed
related
—
Apr 5, 2002
—
Robert M Padilla
Padilla,sallie R
Quit Claim Deed
related
$200,000 · Mission Community Bank NA
May 22, 1998
$150,000
Robert Padilla
Austin Trust
Grant Deed
$200,000 · Seller
Sep 23, 1996
—
Austin Trust
Duggins,benjamin E & Joan L
Grant Deed
related
—
Apr 12, 1994
—
Austin Trust
Austin,howard W
Quit Claim Deed
related
—
Dec 6, 1993
$650,000
Benjamin E Duggins
Austin,howard W
Grant Deed
$495,488 · Individual
—
—
Cherag N Patel
—
Deed Of Trust
related
$445,000 · Rabobank
—
—
Cherag N Patel
—
Deed Of Trust
related
$272,000 · Rabobank
—
—
Robert Padilla
—
Deed Of Trust
related
$356,500 · Mission Community Bank NA
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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