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Property profile & analytics
OFF-MARKET
Estimated value
$4,390,000
Manufacturing properties
800 Farroll Rd A-C Grover Beach, CA 93433-2748
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3734028
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Total area
17,012 SF
Lot
0.84 ac (36,748 SF)
Zoning code
CI
APN
060-544-012
UPID
US09-3734028
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
$4.61M
CAP Approach
CAP
$2.66M
Comparable Approach
Comparable
$5.87M
Blend (final)
Blend
$4.39M
Owner & transaction history
California Fine Wire Company · 3 yrs held
California Fine Wire Company
since 2023
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
CI · Grover Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Industrial Zones. Industrial zones include the following zones: I, CI, and CIC. Inflatable Sign. Any air or gas filled device located, attached, or tethered to the ground, site, merchandise, building, or roof and used for the purpose of signage, advertising or attention-getting. Legal Nonconforming Sign. A sign which was legal when first erected, with all ne…
Zone name
Coastal Industrial
General category
INDUSTRIAL
Zone area
19.38 ac
Top alternative use upside
Medical building
$7.0M
+3.9%
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 Grover Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Grover 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
$4,640,000
ML approach
$4,610,000
CAP Approach
CAP Return
Estimation
6%
$2,880,000
6.5%
$2,655,000
7%
$2,470,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,725,000
Current use
MEDICAL BUILDING
$6,990,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$6,545,000
Change: -3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$6,305,000
Change: -6% · Conversion: Difficult
RETAIL STORES
$6,270,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$4.39M
Range $3.95M – $4.83M · ±10% · vs last sale $4.15M (Jun 12 2023)
Last sale anchor
$4.15M
Jun 12 2023
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
$258 / 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
$48,474
Tax year 2024
Assessed value
$4,233,000
Assessed 2024
Previous assessed
$4,233,000
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,173,000
Assessed improvement
$3,060,000
Applied tax rate
5.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Heating
NONE
Total area
17,012 SF
Lot
0.84 ac (36,748 SF)
Zoning code
CI
APN
060-544-012
UPID
US09-3734028
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CI · Grover Beach, CAZoning CI · permitted uses
CI · Grover Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Industrial Zones. Industrial zones include the following zones: I, CI, and CIC. Inflatable Sign. Any air or gas filled device located, attached, or tethered to the ground, site, merchandise, building, or roof and used for the purpose of signage, advertising or attention-getting. Legal Nonconforming Sign. A sign which was legal when first erected, with all necessary permits, but due to a change in the law it became nonconforming (inconsistent with the current requirements of this
Zone name
Coastal Industrial
General category
INDUSTRIAL
Zone area
19.38 ac
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$6.7M
MEDICAL BUILDING
Est. value
$7.0M
OFFICE BUILDING
Est. value
$6.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.3M
RETAIL STORES
Est. value
$6.3M
INDUSTRIAL (GENERAL) Current
MEDICAL BUILDING
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
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
1998
Heating
NONE
Lot
0.84 ac
Current owner
From public records · entity-resolved
California Fine Wire Company
Entity
Mailing address
338 S 4TH ST, GROVER BEACH, CA 93433-1914
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
$4,150,000
California Fine Wire Company
Farroll Investments LLC
Grant Deed
—
Sep 24, 2021
$4,100,000
800 Farroll Investments LLC
Morrocco Method INC
Grant Deed
$2,665,000 · Preferred Bank
Dec 29, 2017
$3,050,000
Morrocco Method INC
Jason & April Family Trust
Grant Deed
$3,445,000 · Newtek Small Busn Fin
Dec 1, 2011
—
Jason & April Family Trust
Broski
Grant Deed
$900,000 · Cegelski S C & M C Trust (rt)
Aug 29, 1997
$168,500
Broski
Roekel Trust
Grant Deed
—
Mar 24, 1994
—
Van Roekel Trust
Van Roekel,gordo
Quit Claim Deed
related
—
—
—
Broski LLC
—
Deed Of Trust
related
$693,750 · Union Bank Of California
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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