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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Warehouses
564 Mesa Vw Dr Ste B Arroyo Grande, CA 93420-6565
Individually Owned
23-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0757120
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Construction
WOOD
Total area
5,158 SF
Lot
1.78 ac (77,400 SF)
Zoning code
CR
APN
075-191-027
UPID
US09-0757120
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$355k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$667k
Blend (final)
Blend
$560k
Owner & transaction history
Layman,tr · 23 yrs held
Layman,tr
since 2002
6 recorded transactions
Zoning & alternative use
CR · Arroyo Grande, 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 Arroyo Grande submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arroyo Grande 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
$355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$560k
Range $504k – $616k · ±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
$109 / 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
$5,277
Tax year 2024
Assessed value
$503,013
Assessed 2024
Previous assessed
$503,013
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$337,173
Assessed improvement
$165,840
Applied tax rate
52.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Construction
WOOD
Heating
NONE
Rooms
51
Bathrooms
1
Total area
5,158 SF
Lot
1.78 ac (77,400 SF)
Zoning code
CR
APN
075-191-027
UPID
US09-0757120
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · Arroyo Grande, CA
Zoning CR · permitted uses
CR · Arroyo Grande, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arroyo Grande. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Construction
WOOD
Heating
NONE
Rooms
51
Bathrooms
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Layman,tr
Individual
Free & Clear · 23 yrs held
Mailing address
606 ZENON WAY, ARROYO GRANDE, CA 93420-5824
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2002
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2002
—
Layman,tr
Layman,george R & Hisako
Quit Claim Deed
related
—
Apr 28, 2000
$197,000
Layman,george & Hisako
Lake,lawrence J
Trustees Deed
—
Apr 28, 2000
—
Lake,lawrence J
Brown,patricia C
Trustees Deed
related
—
Apr 14, 1997
$298,500
Lawrence J Lake
Matsumoto,richard A
Grant Deed
$260,000 · Individual
Jan 4, 1990
$245,000
Richard Matsumoto
Larey,v Lloyd
Grant Deed
$110,000
—
—
Layman Family Trust
—
Deed Of Trust
related
$110,000 · Miramar Financial Group INC
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
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