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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Gas stations
340 5th Cities Dr Pismo Beach, CA 93449-3010
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US09-1908215
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
2003
Construction
WOOD
Total area
8,004 SF
Lot
1.61 ac (70,131 SF)
Zoning code
CG
APN
005-242-060
UPID
US09-1908215
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
-
Five Cities Chevron Gas Station Gas Station
-
Market Plus Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Five Cities Co-brand LLC · 19 yrs held
Five Cities Co-brand LLC
since 2007
7 recorded transactions
Zoning & alternative use
CG · Pismo Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.4M
+18.7%
Industrial (general)
$2.2M
+12.4%
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 Pismo Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pismo 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$1,995,000
Current use
COMMERCIAL (GENERAL)
$2,365,000
Change: +19% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,240,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$1,935,000
Change: -3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,685,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±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
$191 / 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
$40,788
Tax year 2024
Assessed value
$3,623,277
Assessed 2024
Previous assessed
$3,623,277
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,972,388
Assessed improvement
$1,650,889
Applied tax rate
4.0000
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
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
NONE
Total area
8,004 SF
Lot
1.61 ac (70,131 SF)
Zoning code
CG
APN
005-242-060
UPID
US09-1908215
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CG · Pismo Beach, CA
Zoning CG · permitted uses
CG · Pismo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pismo Beach. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$2.0M
COMMERCIAL (GENERAL)
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
OFFICE BUILDING
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.7M
SERVICE STATION (FULL SERVICE) Current
COMMERCIAL (GENERAL)
INDUSTRIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2003
Construction
WOOD
Heating
NONE
Lot
1.61 ac
Current owner
From public records · entity-resolved
Five Cities Co-brand LLC
Entity
Mailing address
340 5TH CITIES DR, PISMO BEACH, CA 93449-3010
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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
May 6, 2019
—
Five Cities Co Brand LLC
—
Deed
related
$3,568,500 · Pacific Premier Bank
May 2, 2007
—
Five Cities Co-brand LLC
Tachovsky Living Trust
Grant Deed
—
Nov 15, 2006
—
Five Cities Co-brand LLC
Tachovsky,robert & Tracie
Grant Deed
—
Mar 21, 2005
—
Tachovsky Trust
Tachovsky,robert W & Tracie L
Quit Claim Deed
related
—
Apr 18, 2003
—
Robert J Tachovsky
Towbes,michael
Grant Deed
related
—
—
—
Five Cities Co-brand LLC
—
Loan Modification
related
$3,395,000 · Rabobank
—
—
Five Cities Co-brand LLC
—
Deed Of Trust
related
$3,600,000 · Rabobank
—
—
Questa Title Co
—
Deed Of Trust
related
$2,729,251 · Citicorp Leasing INC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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