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Property profile & analytics
OFF-MARKET
Estimated value
$1,500,000
Retail space
668 Marsh St 200 San Luis Obispo, CA 93401-3931
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1199813
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
WOOD
Total area
6,880 SF
Lot
0.16 ac (7,000 SF)
Zoning code
CC
APN
002-422-020
UPID
US09-1199813
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
-
Nourish the Brain Institute Wellness Program Coaching Center
-
Mindspring Education Center Training Center Tutoring Service
-
Sybil Hubbard Foster Care Service Social Service Agency
-
Takken’s Shoes - Shoes | Boots | Sandals Clothing & Fashion Store (Bike/Boat/Book/etc) Store
-
ZatroX Studio Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.72M
Comparable Approach
Comparable
$1.07M
Blend (final)
Blend
$1.50M
Owner & transaction history
Slo Dt LLC · 7 yrs held
Slo Dt LLC
since 2019
7 recorded transactions
Zoning & alternative use
CC · San Luis Obispo, 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 San Luis Obispo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Luis Obispo 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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,865,000
6.5%
$1,720,000
7%
$1,595,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,300,000
Current use
INDUSTRIAL (GENERAL)
$2,215,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.50M
Range $1.35M – $1.65M · ±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
$218 / 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
$25,261
Tax year 2024
Assessed value
$2,285,715
Assessed 2024
Previous assessed
$2,285,715
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,148,326
Assessed improvement
$1,137,389
Applied tax rate
3.0000
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
1988
Construction
WOOD
Heating
NONE
Total area
6,880 SF
Lot
0.16 ac (7,000 SF)
Zoning code
CC
APN
002-422-020
UPID
US09-1199813
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CC · San Luis Obispo, CA
Zoning CC · permitted uses
CC · San Luis Obispo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Luis Obispo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.3M
INDUSTRIAL (GENERAL)
Est. value
$2.2M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
WOOD
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Slo Dt LLC
Entity
Mailing address
225 RANCHITO LN, SAN LUIS OBISPO, CA 93401-7926
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
31 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2019
—
Slo Dt LLC
—
Deed
related
$120,000 · Gaddis Family Trust (pt)
Mar 15, 2019
$2,090,000
Slo Dt LLC
David R Booker
Grant Deed
$1,567,500 · Sesloc FCU
Feb 15, 2019
$309,191
David R Booker
All American Foreclosure|takken Invs Prop LLC
Trustees Deed
related
—
Aug 4, 2017
—
Takken Investment Props LLC
—
Deed
related
$3,231,000 · Newtek Small Busn Fin
May 31, 2017
—
Takken Investment Props LLC
—
Deed
related
—
May 9, 2017
—
Takken Investment Props LLC
—
Deed
related
$294,970 · Takken Ents Psp/tr (ct)
May 5, 2017
—
Takken Investment Props LLC
—
Deed
related
$270,000 · David R Booker
Apr 26, 2017
—
Takken Investment Props LLC
—
Deed
related
$1,662,500 · Sesloc FCU
Nov 30, 2016
—
Takken Investment Props LLC
—
Deed
related
—
Aug 1, 2016
—
Takken Investment Props LLC
—
Deed
related
$900,000 · Newtek Small Busn Fin
Aug 25, 2006
—
Takken Investment Props LLC
Takken Family Trust
Quit Claim Deed
—
—
—
Takken Trust
—
Deed Of Trust
related
$840,000 · First Bank San Luis Obispo
—
—
Takken Investment Properties
—
Deed Of Trust
related
$3,231,000 · Newtek Small Busn Fin
—
—
Takken Trust
—
Deed Of Trust
related
$80,000 · Glenn Urdette Phillips & Bryso
—
—
Takken,trust
—
Deed Of Trust
related
$620,000 · Mid State Bank
—
—
Takken Investment Props LLC
—
Deed Of Trust
related
$1,662,500 · Sesloc FCU
—
—
Takken Investment Props LLC
—
Loan Modification
related
$900,000 · Newtek Small Busn Fin
—
—
Takken Investment Props LLC
—
Deed Of Trust
related
—
—
—
Takken Investment Props LLC
—
Loan Modification
related
$3,231,000 · Newtek Small Busn Fin
—
—
Takken Investment Props LLC
—
Deed Of Trust
related
$294,970 · Takken Ents Psp/tr (ct)
—
—
Takken Investment Props LLC
—
Deed Of Trust
related
$270,000 · David R Booker
—
—
Takken Investment Props LLC
—
Deed Of Trust
related
$400,000 · Newtek Small Busn Fin
—
—
Takken,tr
—
Deed Of Trust
related
$1,100,000 · Quaker City Financial Corp
—
—
Takken Investment Props LLC
—
Deed Of Trust
related
—
—
—
Takken Family Trust
—
Deed Of Trust
related
$145,000 · Pacific Capital Bank NA
—
—
Takken Investment Props LLC
—
Deed Of Trust
related
$900,000 · Newtek Small Busn Fin
—
—
Takken Trust
—
Deed Of Trust
related
$1,050,000 · Los Padres Savings Bank
—
—
Takken,trust
—
Deed Of Trust
related
$100,000 · Individual
—
—
Slo Dt LLC
—
Deed Of Trust
related
$240,000 · Gaddis Family Trust (pt)
—
—
Slo Dt LLC
—
Deed Of Trust
related
$120,000 · Gaddis Family Trust (pt)
—
—
Takken Investment Properties
—
Loan Modification
related
$1,660,000 · Union 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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