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Property profile & analytics
OFF-MARKET
Investment properties
211 Dunes St Morro Bay, CA 93442-2101
Individually Owned
23-yr Hold
~
Est. High Equity
Property ID
US09-0912649
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1955
Construction
WOOD
Total area
1,988 SF
Lot
0.15 ac (6,600 SF)
Zoning code
VSC
APN
066-035-006
UPID
US09-0912649
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Woodson,tr · 23 yrs held
Woodson,tr
since 2002
7 recorded transactions
Zoning & alternative use
VSC · Morro Bay, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Visitor Serving Commercial VSC. This district is intended to provide areas for visitor-oriented services and uses located at easily accessible locations and tourist destinations. A range of visitor-serving uses are allowed, including hotels and motels, restaurants, retail, recreation, and other uses that accommodate visitor needs and activities. Residential…
Zone name
Visitor Serving Commercial
General category
COMMERCIAL
Zone area
148.15 ac
Source
code of ordinances
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 Morro Bay submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morro Bay 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,952
Tax year 2024
Assessed value
$545,609
Assessed 2024
Previous assessed
$545,609
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$215,170
Assessed improvement
$330,439
Applied tax rate
6.0000
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
1955
Construction
WOOD
Heating
NONE
Rooms
7
Bathrooms
1
Total area
1,988 SF
Lot
0.15 ac (6,600 SF)
Zoning code
VSC
APN
066-035-006
UPID
US09-0912649
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
VSC · Morro Bay, CAZoning VSC · permitted uses
VSC · Morro Bay, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Visitor Serving Commercial VSC. This district is intended to provide areas for visitor-oriented services and uses located at easily accessible locations and tourist destinations. A range of visitor-serving uses are allowed, including hotels and motels, restaurants, retail, recreation, and other uses that accommodate visitor needs and activities. Residential uses are allowed in certain areas. This district implements the visitor-serving commercial general plan/LCP land use plan land use designation.
Zone name
Visitor Serving Commercial
General category
COMMERCIAL
Zone area
148.15 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1955
Construction
WOOD
Heating
NONE
Rooms
7
Bathrooms
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Woodson,tr
Individual
Mailing address
211 DUNES ST, MORRO BAY, CA 93442-2101
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2002
—
Woodson,tr
Woodson,william S & Linda K
Quit Claim Deed
related
—
Nov 27, 2002
—
William S Woodson
Woodson,tr
Quit Claim Deed
related
$143,500 · Pacific Republic Mortgage Corp
Dec 21, 1999
—
Woodson Trust
Woodson,william S & Linda K
Quit Claim Deed
related
—
Sep 10, 1998
$355,000
William S Woodson
Coffey Trust
Grant Deed
$155,000 · Norwest Mortgage INC
—
—
Woodson William S & L K Trust
—
Deed Of Trust
related
$150,000 · Bank Of America
—
—
Woodson William S & L K Trust
—
Deed Of Trust
related
$250,290 · Bank Of America
—
—
William S Woodson
—
Deed Of Trust
related
$243,600 · Bank Of America
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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