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Property profile & analytics
OFF-MARKET
Retail space
470 Price St, Pismo Beach, CA 93449-2599
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US09-5089744
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1927
Construction
WOOD
Total area
2,010 SF
Lot
0.16 ac (6,960 SF)
Zoning code
CR
APN
005-083-055
UPID
US09-5089744
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
-
Pismo Beach Surf Shop (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
Bookout,william A · 26 yrs held
Bookout,william A
since 1999
7 recorded transactions
Zoning & alternative use
CR · Pismo Beach, 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 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
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
$3,036
Tax year 2024
Assessed value
$269,103
Assessed 2024
Previous assessed
$269,103
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$158,207
Assessed improvement
$110,896
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1927
Construction
WOOD
Heating
NONE
Rooms
6
Bathrooms
1
Total area
2,010 SF
Lot
0.16 ac (6,960 SF)
Zoning code
CR
APN
005-083-055
UPID
US09-5089744
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · Pismo Beach, CA
Zoning CR · permitted uses
CR · 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.
Building & site characteristics
From public records
Year built
1927
Construction
WOOD
Heating
NONE
Rooms
6
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Bookout,william A
Individual
Mailing address
470 PRICE ST, PISMO BEACH, CA 93449-2599
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2022
—
William A Bookout
—
Deed
related
$150,000 · Bruce & A Joette Eisengart Living Trust
Feb 3, 2021
—
William A Bookout
—
Deed
related
$125,000 · Bruce & A Joette Eisengart Living Trust
Jan 31, 2019
—
William A Bookout
—
Deed
related
$270,000 · Eisengart B & A J L/tr (lt)
Oct 22, 1999
$175,000
Bookout,william A
Michael F & John R Webster Tte
Trustees Deed
$100,000 · Horton Trust
Oct 22, 1999
—
Michael F Perrett
Perrett,vivian S
Quit Claim Deed
related
—
Apr 3, 1995
—
Sauz Trust
Sauz,jose T
Quit Claim Deed
related
—
—
—
William A Bookout
—
Deed Of Trust
related
$270,000 · Eisengart B & A J L/tr (lt)
—
—
William A Bookout
—
Deed Of Trust
related
$60,000 · Daniel B Eisengart
—
—
William A Bookout
—
Deed Of Trust
related
$300,000 · Hacienda Bank
—
—
William A Bookout
—
Deed Of Trust
related
$450,000 · First Bank San Luis Obispo
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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