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Property profile & analytics
OFF-MARKET
Retail space
920 Huber St Ste B Grover Beach, CA 93433-3004
Trust Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4954832
Property summary
AI-generated overview
This Grover Beach industrial property, located at 920 Huber St, offers 7,957 square feet of versatile warehouse space across four suites. The building, constructed in 1985, features a single story with 14-foot ceilings and is situated on a lot zoned for industrial use (APN: 060-548-011:014). Units are divisible, with a minimum of 1,090 square feet and a maximum contiguous space of 7,957 square feet. The owner prefers leasing units A through C together (6,867 sq ft), but other configurations are possible. The property boasts six drive-in doors, ample parking (12 spaces), and robust 3-phase 600-amp power. Connected to city sewer, the building is constructed of concrete block and is suitable for various industrial uses, including cannabis-related businesses. Grover Beach's strategic location and ongoing efforts to enhance its cannabis tourism sector present a unique opportunity for businesses seeking a competitively priced, centrally located facility in the city's Green Zone. The cross street is Farroll.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1985
Construction
TILT-UP CONCRETE
Total area
2,507 SF
Lot
0.06 ac (2,614 SF)
APN
060-548-012
UPID
US09-4954832
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Knowlton Bruce & J Family Trust · 14 yrs held
Knowlton Bruce & J Family Trust
since 2011
7 recorded transactions
Zoning & alternative use
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 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)
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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
$2,488
Tax year 2024
Assessed value
$217,225
Assessed 2024
Previous assessed
$217,225
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$79,647
Assessed improvement
$137,578
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
2,507 SF
Lot
0.06 ac (2,614 SF)
APN
060-548-012
UPID
US09-4954832
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1985
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.06 ac
Current owner
From public records · entity-resolved
Knowlton Bruce & J Family Trust
Trust
Mailing address
343 MCCARTHY AVE, OCEANO, CA 93445-9707
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2011
—
Knowlton Bruce & J Family Trust
Knowlton,david B & Jocelyn
Quit Claim Deed
related
—
Oct 18, 2011
—
Knowlton C & L Family Trust
Knowlton,christopher & Luana
Quit Claim Deed
related
—
Jul 30, 2009
—
Knowlton Family Trust
Knowlton,david B & Jocelyn
Quit Claim Deed
related
—
Nov 1, 2001
$420,000
Christopher Knowlton
Bornino Trust
Grant Deed
$250,000 · Mid-state Bank & Trust
Jun 5, 1998
—
Bornino Trust
Bornino Trust
Quit Claim Deed
related
—
Apr 20, 1994
$1,280,000
Bruno Bornino
Farroll Industri
Grant Deed
$766,500 · Mid State Bank
—
—
Christopher Knowlton
—
Deed Of Trust
related
$207,000 · Central Coast Development Corp
—
—
Bornion Trust
—
Deed Of Trust
related
$601,250 · 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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