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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Retail properties & Spaces
2429 Bonita School Rd Nipomo, CA 93444
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-2048595
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Lot
30 ac (1,306,800 SF)
Zoning code
AG
APN
092-371-015
UPID
US09-2048595
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
$2.30M
Owner & transaction history
Freshway Farms LLC · 1 yrs held
Freshway Farms LLC
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
AG · Nipomo, 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 Nipomo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nipomo 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
$17,322
Tax year 2024
Assessed value
$1,628,523
Assessed 2024
Previous assessed
$1,628,523
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$688,258
Assessed improvement
$940,265
Applied tax rate
52.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Heating
NONE
Lot
30 ac (1,306,800 SF)
Zoning code
AG
APN
092-371-015
UPID
US09-2048595
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
AG · Nipomo, CA
Zoning AG · permitted uses
AG · Nipomo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nipomo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
30 ac
Current owner
From public records · entity-resolved
Freshway Farms LLC
Entity
Mailing address
PO BOX 120, NIPOMO, CA 93444-0120
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2025
$2,301,000
Freshway Farms LLC
Goldberg Brothers Properties INC
Grant Deed
$42,450,000 · Agwest Farm Credit Flca
Jan 3, 2020
—
Goldberg Brothers Properties INC
—
Deed
related
$200,000 · Summit State Bank
Jun 18, 2019
—
Goldberg Brothers Properties INC
—
Deed
related
$3,100,000 · Summit State Bank
Sep 28, 2017
—
Goldberg Brothers Props INC
—
Deed
related
$5,800,000 · Miscellaneous Ins Co
May 4, 2017
—
Goldberg Brothers Props INC
—
Grant Deed
related
$1,500,000 · Pacific Ent Bk
Mar 8, 2013
—
Goldberg Brothers Properties
Goldberg Joseph Fam Trust
Quit Claim Deed
related
—
Jul 10, 2006
—
Goldberg Thomas M Trust
Goldberg,thomas M
Quit Claim Deed
related
—
Nov 3, 2003
—
Joseph S Goldberg
Goldberg,angela I
Quit Claim Deed
related
—
Nov 21, 2002
—
Goldberg,tr
Goldberg,joseph S
Quit Claim Deed
related
—
Aug 10, 1998
—
Joseph S Goldberg
Goldberg,joseph
Quit Claim Deed
related
—
Mar 18, 1997
$500
Magna Plantare Dev Group INC
As-h-ne Farms INC
Trustees Deed
$800,000 · Owens Financial Group INC
Mar 18, 1997
$850,000
Goldberg,joseph
Magna Plantare INC
Trustees Deed
related
$2,500,000 · Seller
May 10, 1994
—
Magna Plantare INC
Magna Plantare I
Quit Claim Deed
related
$800,000 · Owens Financial Group INC
Jul 7, 1989
$31,181
Plantare D Magna
Quest Farms INC
Trustees Deed
—
Jul 7, 1989
$19,054
Quest Farms INC
Valley Fed Sav
Trustees Deed
—
—
—
Goldberg Brothers Props INC
—
Deed Of Trust
related
$5,800,000 · Miscellaneous Ins Co
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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