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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Gas stations
171 2nd St Grover Beach, CA 93433-1955
Entity Owned
1-yr Hold
Free & Clear
Property ID
US09-1336690
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1975
Construction
TILT-UP CONCRETE
Total area
2,667 SF
Lot
0.15 ac (6,534 SF)
Zoning code
70
APN
060-203-004
UPID
US09-1336690
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
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$409k
Blend (final)
Blend
$525k
Owner & transaction history
D&g Trinity LLC · 1 yrs held
D&g Trinity LLC
since 2024
Last sale
$525,000
3 recorded transactions
Zoning & alternative use
70 · Grover Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$755,000
+13.9%
Commercial (general)
$725,000
+9.0%
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
$525,000
ML approach
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$665,000
Current use
OFFICE BUILDING
$755,000
Change: +14% · Conversion: Difficult
COMMERCIAL (GENERAL)
$725,000
Change: +9% · Conversion: Difficult
AUTO REPAIR, GARAGE
$560,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$525k
Range $473k – $578k · ±10% · vs last sale $525k (Sep 13 2024)
Last sale anchor
$525k
Sep 13 2024
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
$197 / 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
$561
Tax year 2024
Assessed value
$49,003
Assessed 2024
Previous assessed
$49,003
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$16,984
Assessed improvement
$32,019
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
2,667 SF
Lot
0.15 ac (6,534 SF)
Zoning code
70
APN
060-203-004
UPID
US09-1336690
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
70 · Grover Beach, CAZoning 70 · permitted uses
70 · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$665,000
OFFICE BUILDING
Est. value
$755,000
COMMERCIAL (GENERAL)
Est. value
$725,000
AUTO REPAIR, GARAGE
Est. value
$560,000
SERVICE STATION (FULL SERVICE) Current
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.15 ac
Current owner
From public records · entity-resolved
D&g Trinity LLC
Entity
Free & Clear · 1 yrs held
Mailing address
330 PO BOX 13TH WAY STE #270, PISMO BEACH, CA 93448-0013
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 13, 2024
$525,000
D&g Trinity LLC
Ipdc Construction INC
Grant Deed
—
Mar 18, 2024
$525,000
Ipdc Construction INC
James E Oblenis
Grant Deed
—
Jan 11, 2006
—
Oblenis Sheila 2004 Trust
Oblenis,sheila
Quit Claim Deed
related
—
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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