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Property profile & analytics
OFF-MARKET
Retail space

368 Pier Ave Oceano, CA 93445-9701

1,050 SF 0.06 ac lot Built 1977
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2294746
Property summary
AI-generated overview

This exceptional 1,050 square foot retail property at 368 Pier Avenue in Oceano, California, presents a rare opportunity for business owners seeking a high-visibility location. Situated just half a block from the beach and conveniently close to the Oceano Dunes vehicle ramp, this property benefits from consistent high foot traffic throughout the year, driven by both local residents and the substantial tourist population. The building features attractive skylights, providing ample natural light, and a recently paved parking entrance for convenient customer access. A sizable rear storage room offers additional space for inventory or equipment. The 0.06-acre lot provides ample space for outdoor seating or displays, further enhancing the property's appeal. The asking price is $600,000. This property is ideally suited for a variety of retail businesses seeking to capitalize on the vibrant Oceano beachfront community. Its prime location and attractive features make it an exceptional investment opportunity. The combination of high visibility, convenient access, and ample storage makes this a truly unique offering in a highly desirable coastal location. Don't miss this chance to secure a thriving business in a bustling tourist area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Construction TILT-UP CONCRETE
Total area 1,050 SF
Lot 0.06 ac (2,760 SF)
Zoning code CR
APN 061-012-013
UPID US09-2294746
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
  • Sand lot Beach Stop (Bike/Boat/Book/etc) 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
by Request
Owner & transaction history
Keith W Garl · 9 yrs held
Keith W Garl
since 2016
5 recorded transactions
2016
$280,000
2001
$200,000
1997
Price N/A
1993
$171,182
1991
$215,500
Zoning & alternative use
CR · Oceano, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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