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Property profile & analytics
OFF-MARKET
Retail properties & Spaces
744 Mesa Rd, Nipomo, CA 93444-9338
Trust Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1921099
Property profile
Verified
Property type
Retail properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Year built
2016
Construction
STEEL FRAME
Total area
2,980 SF
Lot
9.77 ac (425,581 SF)
Zoning code
RR
APN
091-311-036
UPID
US09-1921099
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
-
Nipomo Native Seeds Agricultural Supply Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Waycott 1999 Trust · 11 yrs held
Waycott 1999 Trust
since 2015
7 recorded transactions
Zoning & alternative use
RR · Nipomo, 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 Nipomo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nipomo 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
$11,297
Tax year 2024
Assessed value
$1,076,760
Assessed 2024
Previous assessed
$1,076,760
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$758,840
Assessed improvement
$317,920
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
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 properties & Spaces
Use group
NURSERY, GREENHOUSE, FLORIST
Status
Off-Market
Year built
2016
Construction
STEEL FRAME
Heating
NONE
Total area
2,980 SF
Lot
9.77 ac (425,581 SF)
Zoning code
RR
APN
091-311-036
UPID
US09-1921099
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RR · Nipomo, CA
Zoning RR · permitted uses
RR · Nipomo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nipomo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2016
Construction
STEEL FRAME
Heating
NONE
Lot
9.77 ac
Current owner
From public records · entity-resolved
Waycott 1999 Trust
Trust
Free & Clear · 11 yrs held
Mailing address
4608 POINSETTIA ST, SAN LUIS OBISPO, CA 93401-7691
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2015
—
Waycott 1999 Trust
Andersen Sven
Grant Deed
related
—
Nov 12, 2014
$580,000
Waycott 1999 Trust
Andersen-kremza Fam Trust
Grant Deed
—
Oct 30, 2014
—
Kim Andersen
Andersen,holges & Leatrice
Quit Claim Deed
related
—
Dec 27, 2012
—
Kim Andersen
Andersen,holges & Leatrice
Quit Claim Deed
related
—
Jul 20, 2012
—
Andersen-kremza Family Trust
Andersen,sven
Quit Claim Deed
related
—
Dec 21, 2010
—
Thuse Living 2009 Trust
Thuse,anna-lise
Quit Claim Deed
related
$592,793 · Thuse Living 1999 Trust
Nov 15, 2010
—
Andersen Holger & L Trust
Andersen,holger & Leatrice
Quit Claim Deed
related
—
Sep 6, 2006
—
Holger Andersen
Andersen,holges & Leatrice
Quit Claim Deed
related
—
Feb 22, 2001
$245,000
Holges Anderson
Clarence C Halter Estate
Grant Deed
$117,000 · Mid State 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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