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Property profile & analytics
OFF-MARKET
Estimated value
$500,000
Mobile home & RV parks
311 Sweet Spgs Ln Arroyo Grande, CA 93420-5134
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US09-1575710
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Lot
37.67 ac (1,640,905 SF)
Zoning code
RS
APN
047-200-019
UPID
US09-1575710
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
$500k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$500k
Owner & transaction history
Mjg Property Holding Ptrs LLC · 20 yrs held
Mjg Property Holding Ptrs LLC
since 2005
7 recorded transactions
Zoning & alternative use
RS · Arroyo Grande, 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 Arroyo Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arroyo Grande 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
$500,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$500k
Range $450k – $550k · ±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
—
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
$23,213
Tax year 2024
Assessed value
$2,200,000
Assessed 2024
Previous assessed
$2,200,000
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$1,800,000
Assessed improvement
$400,000
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
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Heating
NONE
Lot
37.67 ac (1,640,905 SF)
Zoning code
RS
APN
047-200-019
UPID
US09-1575710
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RS · Arroyo Grande, CA
Zoning RS · permitted uses
RS · Arroyo Grande, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arroyo Grande. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
37.67 ac
Current owner
From public records · entity-resolved
Mjg Property Holding Ptrs LLC
Entity
Mailing address
PO BOX 730, AVILA BEACH, CA 93424-0730
Ownership since
2005
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
Oct 7, 2005
$2,140,000
Mjg Property Holding Ptrs LLC
Felice,peter J & Tami S
Grant Deed
$2,140,000 · Pilch Family Trust
Apr 6, 2001
$350,000
Peter J Felice
Brown,harry S & Michelle E
Grant Deed
$245,000 · Brand Trust
May 16, 2000
$325,000
Harry S Brown
Van Meter Trust
Grant Deed
$178,500 · Brand Trust
—
—
Peter J Felice
—
Deed Of Trust
related
$70,000 · Santa Lucia Bank
—
—
Peter J Felice
—
Deed Of Trust
related
$161,351 · Santa Lucia Bank
—
—
Peter J Felice
—
Deed Of Trust
related
$89,328 · Santa Lucia Bank
—
—
Peter J Felice
—
Deed Of Trust
related
$492,500 · Santa Lucia Bank
—
—
Mjg Prop Holding Ptrs LLC
—
Deed Of Trust
related
$750,000 · 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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