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Property profile & analytics
OFF-MARKET
Estimated value
$12,000,000
Parking lots & garages
734 Pacific St San Luis Obispo, CA 93401-3920
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-0575092
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Lot
0.14 ac (6,250 SF)
Zoning code
CD
APN
003-523-007
UPID
US09-0575092
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
-
Securities America Inc Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.00M
Owner & transaction history
Jerry And Suzanne Rava Family LLC · 1 yrs held
Jerry And Suzanne Rava Family LLC
since 2024
Last sale
$12.0M
7 recorded transactions
Zoning & alternative use
CD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$5,245
Tax year 2024
Assessed value
$474,561
Assessed 2024
Previous assessed
$474,561
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$474,561
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Heating
NONE
Lot
0.14 ac (6,250 SF)
Zoning code
CD
APN
003-523-007
UPID
US09-0575092
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CD · San Luis Obispo, CAZoning CD · permitted uses
CD · San Luis Obispo, 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
Heating
NONE
Lot
0.14 ac
Current owner
From public records · entity-resolved
Jerry And Suzanne Rava Family LLC
Entity
Mailing address
PO BOX 13160, SAN LUIS OBISPO, CA 93406-3160
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2024
$12,000,000
Jerry And Suzanne Rava Family LLC
Nkt Holdings LLC
Grant Deed
—
Nov 6, 2020
—
Nkt Holdings LLC
—
Deed
related
$2,550,000 · Mission Bank
Feb 7, 2012
—
Nkt Holdings LLC
Fiber Coast LLC
Quit Claim Deed
related
—
Dec 31, 2009
—
Nkt Holdings LLC
Fiber Coast LLC
Grant Deed
—
Sep 26, 2002
—
Trian Investments LLC
Sargen,tr
Grant Deed
related
—
Sep 3, 2002
—
Marc F Sargen
Sargen,tr
Quit Claim Deed
related
—
Mar 1, 1994
$2,650,000
Sargen Trust
Cuesta Title Gua
Trustees Deed
—
Mar 1, 1994
—
Cuesta Title Guaranty Co
Cuesta Holding C
Quit Claim Deed
related
—
Aug 2, 1993
$742,000
Cuesta Holding Co
Cuesta Title Gua
Grant Deed
related
$741,887 · Cuesta Title Guara
—
—
Fiber Coast LLC
—
Deed Of Trust
related
$3,500,000 · Mid-state Bank & Trust Co
—
—
Nkt Holdings LLC
—
Deed Of Trust
related
$3,100,000 · Genworth Life Insurance Co
—
—
Fiber Coast LLC
—
Deed Of Trust
related
$550,000 · Mid-state Bank & Trust Co
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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