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    831 Morro Bay Blvd Morro Bay, CA 93442-2331
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    Property profile & analytics

    831 Morro Bay Blvd, Morro Bay, CA 93442-2331

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    • Retail space
    • 2,610 SF
    • 0.08 lot acres
    Off-Market
    Last Sale Jun 9, 2022
    $732,000
    Property ID
    US09-0922323
    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.

    Value Estimations
    $675,000
    Show details
    Cap Rate Potential
    7.8%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Na's Traditional Thai,Foot and Swedish Massage / Alternative Medicine Practice / Spa & Massage Center

    Property Details for 831 Morro Bay Blvd

    Year built
    1954
    Construction
    TILT-UP CONCRETE
    Lot size
    0.08 lot acres
    Zone code
    C2
    Property type
    Retail space
    APN
    066-071-036
    APU
    66071036

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 9, 2022 $732,000 Rashid H Bissat Hassan El Bissat Grant Deed $175k · Hassan El Bissat Etux
    Feb 10, 2021 $675,000 Hassan El Bissat Dana Wilk Grant Deed —
    Apr 19, 2000 $177,500 Dana Wilk Barnes Trust Grant Deed $160k · Mid State Bank
    Jul 31, 1995 — L Barnes Barnes,william L Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $545,000
      ML approach
      $595,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $705,000
      6.5%
      $650,000
      7%
      $605,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $674,000
      Market price range: $218k - $846k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $845,000
      Current use
      MEDICAL BUILDING
      $1,070,000
      Change: +27% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    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
    $8,417
    $291,312
    $470,260
    $761,572
    -
    $0.00
    $0.00
    $0.00
    More about this property
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