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    Property profile & analytics

    815 Morro Bay Blvd Morro Bay, CA 93442-2331

    • Office buildings
    • 1,213 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $630,000
    Last Sale
    Aug 04, 2021
    $550,000
    Location Intelligence
    Property ID
    US10-3130729
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sharon Health / Corporate Office
    • CA Realty Training / Real Estate School
    • Tari Haberfield - Realtor #01918524 / Real Estate Agent / Service Establishment
    • Greg Astle Real Estate / Real Estate Agency
    • Davis Bob / Real Estate Agency

    Property Details for 815 Morro Bay Blvd

    Year built
    1953
    Construction
    WOOD
    Lot size
    0.21 lot acres
    Property size
    1,213 SF
    Property type
    Office buildings
    APN
    066-071-037
    APU
    66071037

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $630,000

    • CAP approach

      CAP return
      Estimation
      6%
      $555,000
      6.5%
      $565,000
      7%
      $635,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $595,000
      Geo Method
      $715,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $555,000
      Retail
      $615,000
      Mixed-Use
      $690,000
      Hospitality
      $615,000
      Educational
      $525,000
      Residential Income
      $565,000
      Energy
      $605,000
      Income-Based Land
      $665,000
      Food Service
      $650,000

    Location Insight

    • Map
    • Local Demand
    City
    Morro Bay
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.843
    Latitude
    35.3662
    CBSA code
    42020
    CBSA name
    SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,324
    $286,110
    $286,110
    $572,220
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $445,000
      1,121 SF

      660 Hbr St

      OFFICE BUILDING • 1,121 SF
      660 Hbr St, Morro Bay, CA 93442-1906
      View Details
    • Value Estimation
      $415,000
      1,792 SF

      645 Main St

      OFFICE BUILDING • 1,792 SF
      645 Main St, Morro Bay, CA 93442-2273
      View Details
    • Value Estimation
      $405,000
      2,312 SF

      977 Las Tunas St

      PROFESSIONAL BUILDING • 2,312 SF
      977 Las Tunas St, Morro Bay, CA 93442-2319
      View Details
    • Value Estimation
      $415,000
      2,322 SF

      1556 Main St

      PROFESSIONAL BUILDING • 2,322 SF
      1556 Main St, Morro Bay, CA 93442-1834
      View Details
    • Value Estimation
      $350,000
      2,897 SF

      840 Morro Ave

      PROFESSIONAL BUILDING • 2,897 SF
      840 Morro Ave, Morro Bay, CA 93442-2136
      View Details
    • Value Estimation
      $335,000
      1,500 SF

      Quintana Rd

      OFFICE BUILDING • 1,500 SF
      Quintana Rd, Morro Bay, CA 93442
      View Details

    Similar Nearby for Sale

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      Morro Bay Office Condo For Sale

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      6,000 sq ft lot near beach with ocean views.
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      Permitted Morro Bay lot ready for immediate construction of a home.
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      Specialty property available for sale on Kings Ave.
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    Similar Nearby for Lease

    • $1.60 SF/Yr
      1,600 SF

      Professional Office Suite in Morro

      Move-in ready office suite in the heart of Morro Bay.
      610-680 Quintana Rd, Morro Bay, CA 93442
      View Details
    • $1,600 /Mo
      1,007 SF

      Morro Bay Professional Office Space

      Move-in-ready office space in the heart of Morro Bay.
      2950 Main St, Morro Bay, CA 93442
      View Details
    • $1.60 SF/Yr
      1,600 SF

      Professional Office Suite in Morro

      Move-in ready office suite in Cypress Plaza Shopping Center.
      620 Quintana Rd, Morro Bay, CA 93442
      View Details
    • $1.40 SF/Yr
      1,200 SF

      Retail Space in Morro Bay

      Retail space available for lease in Morro Bay, CA.
      490 Quintana Rd, Morro Bay, CA 93442
      View Details
    • Contact for pricing
      1 SF

      Prime Commercial Land in Morro Bay

      1.63-acre commercial land for lease near Highway 1.
      298 Atascadero Rd, Morro Bay, CA 93442
      View Details
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    Morro Bay, CA 93442-2331
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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