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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Commercial land
590 Price St Pismo Beach, CA 93449-2526
Trust Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2264304
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.31 ac (13,360 SF)
Zoning code
CD
APN
005-082-038
UPID
US10-2264304
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
$880k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Macmillan Family Trust · 5 yrs held
Macmillan Family Trust
since 2020
Last sale
$700,000
7 recorded transactions
Zoning & alternative use
CD · 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
Method
Estimation
Statistic approach
$820,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $700k (Oct 1 2020)
Last sale anchor
$700k
Oct 1 2020
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
—
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
$8,320
Tax year 2024
Assessed value
$742,845
Assessed 2024
Previous assessed
$742,845
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$742,845
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.31 ac (13,360 SF)
Zoning code
CD
APN
005-082-038
UPID
US10-2264304
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CD · Pismo Beach, CA
Zoning CD · permitted uses
CD · 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
Heating
NONE
Lot
0.31 ac
Current owner
From public records · entity-resolved
Macmillan Family Trust
Trust
Free & Clear · 5 yrs held
Mailing address
350 GRACE LN, ARROYO GRANDE, CA 93420-2688
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
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2020
$700,000
Macmillan Family Trust
Defnet Properties LLC
Grant Deed
—
Feb 9, 2012
—
Defnet Properties LLC
Defnet,bruce K & Jane M
Quit Claim Deed
related
—
Jul 16, 2008
$932,977
Bruce K Defnet
Hl Foreclosure Svcs LLC
Trustees Deed
related
—
Jun 8, 2007
$1,100,000
Michael E Nielsen
Sadek,bill
Grant Deed
$850,000 · Bruce K & Jane M Defnet
Mar 9, 2005
$800,000
Bill Sadek
Gamboa,arthur B
Grant Deed
$650,000 · Coast National Bank
Mar 9, 2005
—
Bill Sadek
Sadek,jane
Quit Claim Deed
related
—
Apr 9, 2004
—
Arthur B Gamboa
Gamboa,arthur
Quit Claim Deed
related
$210,000 · Jim & Anne Regan
May 13, 1997
$5,000
Arthur Gamboa
Gamboa,desiderio
Grant Deed
related
—
Nov 6, 1996
—
Alfredo Gamboa
Gamboa,belen
Quit Claim Deed
related
—
Nov 6, 1996
$57,000
Gamboa,desiderio
G & S Ranch
Trustees Deed
related
—
May 26, 1994
—
Pismo Beach City
G & S Ranch
Grant Deed
related
—
Sep 24, 1993
$12,000
G Ranch
Century 5
Grant Deed
related
—
Dec 12, 1989
$220,000
Century
Sale Guaranty Co
Trustees Deed
$120,000 · Meredith Roy D
Dec 12, 1989
—
Sale Guaranty Co
Meredith,roy D
Trustees Deed
related
—
—
—
Arthur Gamboa
—
Deed Of Trust
related
$105,818 · Citifinancial Services INC
—
—
Arthur Gamboa
—
Deed Of Trust
related
$112,593 · Associates Fin'l Svcs Californ
—
—
5 Century
—
Deed Of Trust
related
$38,000 · Individual
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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