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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Grocery and convenience stores
2211 Broad St San Luis Obispo, CA 93401-5225
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3224964
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Year built
2001
Construction
WOOD
Total area
1,777 SF
Lot
0.47 ac (20,550 SF)
Zoning code
CN
APN
004-841-018
UPID
US10-3224964
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
Current use
Occupant on record · Public records
-
Conserv Fuel Gas Station
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$572k
Blend (final)
Blend
$550k
Owner & transaction history
Dansk Retail INC · 12 yrs held
Dansk Retail INC
since 2013
7 recorded transactions
Zoning & alternative use
CN · San Luis Obispo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$645,000
+68.2%
Office building
$435,000
+13.3%
Commercial (general)
$425,000
+10.7%
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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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
$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)
$385,000
Current use
AUTO REPAIR, GARAGE
$645,000
Change: +68% · Conversion: Difficult
OFFICE BUILDING
$435,000
Change: +13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$425,000
Change: +11% · Conversion: Difficult
MEDICAL BUILDING
$385,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$550k
Range $495k – $605k · ±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
$310 / 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
$19,393
Tax year 2024
Assessed value
$1,754,806
Assessed 2024
Previous assessed
$1,754,806
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$865,310
Assessed improvement
$889,496
Applied tax rate
3.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE (W/FUEL PUMP)
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
NONE
Total area
1,777 SF
Lot
0.47 ac (20,550 SF)
Zoning code
CN
APN
004-841-018
UPID
US10-3224964
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CN · San Luis Obispo, CA
Zoning CN · permitted uses
CN · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$385,000
AUTO REPAIR, GARAGE
Est. value
$645,000
OFFICE BUILDING
Est. value
$435,000
COMMERCIAL (GENERAL)
Est. value
$425,000
MEDICAL BUILDING
Est. value
$385,000
SERVICE STATION (FULL SERVICE) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2001
Construction
WOOD
Heating
NONE
Lot
0.47 ac
Current owner
From public records · entity-resolved
Dansk Retail INC
Entity
Mailing address
6591 COLLINS DR STE E11, MOORPARK, CA 93021-1493
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2013
—
Dansk Retail INC
Dansk Investment Group INC
Grant Deed
$10,000,000 · Rbs Citizens NA
Feb 24, 2010
—
Dansk Investment Group INC
—
Deed Of Trust
related
$52,578,000 · City National Bank
Jan 27, 2009
—
Dansk Investment Group INC
—
Deed Of Trust
related
$15,000,000 · City National Bank
Oct 26, 2007
—
Dansk Investment Group INC
Flyers LLC
Grant Deed
—
May 28, 2002
—
Stephen B Dwelle
Dwelle Family LP
Quit Claim Deed
related
—
Dec 18, 2001
$1,082,500
Dwelle Family LP
Nella Oil Co
Grant Deed
—
Jan 30, 1997
$192,500
Sharon Ballesteros
Richard F Ballesteros Estate
Grant Deed
related
$250,000 · Individual
—
—
Flyers LLC
—
Deed Of Trust
related
$39,500,000 · Comerica Bank-california Ttee
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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