Technical
Financial
Distress signals
Property profile

431 Pico Ave San Simeon, CA 93452

OFF-MARKET
Investment properties
Property ID
US09-1996312
2,946 SF 0.85 ac lot Built 1980
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1980
Construction WOOD
Total area 2,946 SF
Lot 0.85 ac (37,026 SF)
APN 013-041-012
UPID US09-1996312

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

431 Pico Ave San Simeon, CA 93452-9729
San Simeon metro Census 13000 SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$870k
CAP Approach CAP
$515k
Comparable Approach Comparable
$738k
Blend (final) Blend
$740k

Owner & transaction history

since 2023
Last sale
$850,000
5 recorded transactions
2023
$850,000
2019
$800,000
2011
Price N/A
2007
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $1.3M +0.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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