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Property profile & analytics
OFF-MARKET
Strip malls
215 Grand Ave Grover Beach, CA 93433-1938
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2087205
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1962
Construction
WOOD
Total area
1,166 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CCV
APN
060-205-018
UPID
US09-2087205
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
Gb Beach Front LLC · 1 yrs held
Gb Beach Front LLC
since 2024
7 recorded transactions
Zoning & alternative use
CCV · Grover Beach, 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 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
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
$32,064
Tax year 2024
Assessed value
$2,800,000
Assessed 2024
Previous assessed
$2,800,000
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,000,000
Assessed improvement
$1,800,000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
NONE
Buildings
2
Rooms
9
Bathrooms
10
Total area
1,166 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CCV
APN
060-205-018
UPID
US09-2087205
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CCV · Grover Beach, CAZoning CCV · permitted uses
CCV · Grover Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
NONE
Buildings
2
Rooms
9
Bathrooms
10
Lot
0.7 ac
Current owner
From public records · entity-resolved
Gb Beach Front LLC
Entity
Mailing address
7909 S BLYTHE AVE, FRESNO, CA 93706-9110
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
$4,000,000
Gb Beach Front LLC
Tony Ramos Farms INC
Grant Deed
$3,500,000 · Nw Victorville 435 LLC
May 1, 2017
$2,800,000
Tony Ramos Farms INC
Bergantz Ruth A Trust
Grant Deed
—
Nov 10, 2016
—
Marta J Weaver
—
Deed
related
$600,000 · Founders Community Bank
Jun 24, 2008
—
Bergantz Ruth A Trust
Bergantz Living Trust
Quit Claim Deed
related
—
Mar 31, 1999
$908,000
Bergantz Trust
Down,erin D
Grant Deed
—
Mar 31, 1999
—
Bergantz Trust
Down,erin D
Grant Deed
related
—
Mar 29, 1999
—
Erin D Down
Kelly,kenneth L & Billie J
Grant Deed
related
—
Feb 9, 1996
$102,000
Kelly,kenneth L & Billie J
Ryzner,alan F
Trustees Deed
$30,000 · Horton Trust
Feb 9, 1996
—
Mark J Phelan
Phelan,mark J
Quit Claim Deed
related
—
Jan 2, 1996
—
Alan F Ryzner
Ryzner,sharon D
Quit Claim Deed
related
—
Mar 23, 1989
$745,000
E Down
Village Realty
Trustees Deed
—
—
—
Erin D Down
—
Deed Of Trust
related
$360,000 · Individual
—
—
Erin D Down
—
Deed Of Trust
related
$210,000 · Hft Mortgage Company
—
—
Erin D Down
—
Deed Of Trust
related
$360,000 · Individual
—
—
Erin D Down
—
Deed Of Trust
related
$210,000 · Hft Mortgage Company
—
—
Erin D Down
—
Deed Of Trust
related
$30,000 · Horton Trust
—
—
Erin D Down
—
Deed Of Trust
related
$210,000 · Hft Mortgage Company
—
—
Erin D Down
—
Deed Of Trust
related
$210,000 · Hft Mortgage Company
—
—
Village Realty
—
Deed Of Trust
related
—
—
—
Erin D Down
—
Deed Of Trust
related
$360,000 · Individual
—
—
Bergantz,ruth A Trust
—
Deed Of Trust
related
$80,000 · Rincon Asset Mgmt 401k Psp
—
—
Erin D Down
—
Deed Of Trust
related
$360,000 · Individual
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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