Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Turn key restaurants
49 Ocean Ave NO-SO Cayucos, CA 93430-1653
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0658702
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2007
Construction
WOOD
Total area
5,178 SF
Lot
0.14 ac (6,098 SF)
Zoning code
RMF
APN
064-119-026
UPID
US09-0658702
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
-
Martin's Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$956k
Blend (final)
Blend
$700k
Owner & transaction history
Stormax R & E Holdings LLC · 8 yrs held
Stormax R & E Holdings LLC
since 2017
7 recorded transactions
Zoning & alternative use
RMF · 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
Method
Estimation
Statistic approach
by Request
ML approach
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±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
$135 / 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
$18,435
Tax year 2024
Assessed value
$1,704,453
Assessed 2024
Previous assessed
$1,704,453
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$546,624
Assessed improvement
$1,157,829
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Total area
5,178 SF
Lot
0.14 ac (6,098 SF)
Zoning code
RMF
APN
064-119-026
UPID
US09-0658702
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RMF · Cayucos, CAZoning RMF · permitted uses
RMF · 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
2007
Construction
WOOD
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Stormax R & E Holdings LLC
Entity
Free & Clear · 8 yrs held
Mailing address
525 W 4TH ST, HANFORD, CA 93230-5028
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2020
—
Stormax R & E Holding LLC
—
Deed
related
—
Jul 3, 2019
—
Stormax R & E Hldgs LLC
—
Deed
related
$625,000 · Citizens Busn Bk
Nov 27, 2017
—
Stormax R & E Holdings LLC
Stormax
Quit Claim Deed
—
Oct 1, 2004
—
Max Stor
Mini Max Custom Storage
Quit Claim Deed
related
$350,000 · The Ca Stockmen's Bank
Jun 29, 2001
$537,500
Max Custom Storage Mini
Kelvin Trust
Grant Deed
$350,000 · Valley Independent Bank
—
—
Stormax R & E Hldgs LLC
—
Deed Of Trust
related
$625,000 · Citizens Busn Bk
—
—
Max Custom Storage Mini
—
Deed Of Trust
related
$32,500 · Balzano Trust
—
—
Max Custom Storage Mini
—
Deed Of Trust
related
$100,000 · Balzano Trust
—
—
Stormax R & E Holding LLC
—
Loan Modification
related
—
—
—
Max Stor
—
Deed Of Trust
related
$1,975,000 · County Bank
—
—
Max Stor
—
Deed Of Trust
related
$500,000 · California Stockmens 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.
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?”
You own 49 Ocean Ave, Unit NO-SO?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
