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Property profile & analytics
OFF-MARKET
Individual retail properties
489 Ocean Ave Cayucos, CA 93430
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3073199
Property profile
Verified
Property type
Individual retail properties
Use group
DRY CLEANER
Year built
1959
Construction
WOOD
Total area
1,100 SF
Lot
0.09 ac (3,920 SF)
Zoning code
OP
APN
064-134-004
UPID
US10-3073199
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
-
Laundraland (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
Walid S Muharram · 5 yrs held
Walid S Muharram
since 2020
Last sale
$450,000
7 recorded transactions
Zoning & alternative use
OP · Cayucos, 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 Cayucos submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cayucos 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
$5,334
Tax year 2024
Assessed value
$477,542
Assessed 2024
Previous assessed
$477,542
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$371,422
Assessed improvement
$106,120
Applied tax rate
63.0000
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
Individual retail properties
Use group
DRY CLEANER
Status
Off-Market
Year built
1959
Construction
WOOD
Heating
NONE
Rooms
2
Bathrooms
1
Total area
1,100 SF
Lot
0.09 ac (3,920 SF)
Zoning code
OP
APN
064-134-004
UPID
US10-3073199
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
OP · Cayucos, CAZoning OP · permitted uses
OP · Cayucos, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1959
Construction
WOOD
Heating
NONE
Rooms
2
Bathrooms
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Walid S Muharram
Individual
Mailing address
722 SKYLINE BLVD, AVENAL, CA 93204-1815
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2020
$450,000
Walid S Muharram
Ashish Ranat
Grant Deed
$360,000 · Ashish & Rita Ranat
Aug 6, 2018
$405,248
Ashish Ranat
All American Foreclosure|ranat,dhananjay M & Harsh
Trustees Deed
related
—
Aug 28, 2006
$93,000
Dhananjay Ranat
Kim,yong K
Grant Deed
—
Dec 2, 2004
$450,000
Yong K Kim
Amitage Corp
Grant Deed
$315,000 · Heritage Oaks Bank
Jul 23, 2001
—
Amitage Corp
Amini,alex A & Shirin
Grant Deed
related
—
Jul 13, 2001
$270,000
Alex A Amini
Jensen,roy & Deborah
Grant Deed
$175,000 · Roy & Deborah
—
—
Dhananjay M Ranat
—
Deed Of Trust
related
$250,000 · Tom Konig
—
—
Yong K Kim
—
Deed Of Trust
related
$25,000 · Greg & Melissa Albright
—
—
Amitage Corp
—
Deed Of Trust
related
$220,000 · Heritage Oaks Bank
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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