Property profile

701 Elm St Arroyo Grande, CA 93420

OFF-MARKET
Grocery and convenience stores
Property ID
US10-2389794
2,400 SF 0.3 ac lot Built 1974
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1974
Total area 2,400 SF
Lot 0.3 ac (13,036 SF)
APN 077-332-024
UPID US10-2389794

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Atm
  • Grocery & Convenience Store
  • Bank Credit Union

Location

701 Elm St Arroyo Grande, CA 93420-4106
Arroyo Grande metro Census 11904 SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$600k
Comparable Approach Comparable
$738k
Blend (final) Blend
$775k

Owner & transaction history

since 2008
3 recorded transactions
2008
$890,000
2008
Price N/A
1995
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $1.2M +35.1%
Auto repair, garage $1.1M +24.0%
Medical building $985,000 +11.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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