Property profile

974 Griffin St Grover Beach, CA 93433

FOR SALE
Manufacturing properties
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Property ID
US09-1705450
1,490 SF 0.76 ac Built 1995
Last sale Dec 1993·$107,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$1.38M
Assessed land$195k
Assessed improvement$1.18M
Effective rate1.15%

Value estimate

· Nov 2026
$540k
$486k – $594k
AI approach$335k
Submarket $/SF estimate$719k
NOI build-up
Gross scheduled income$210k
Vacancy & credit loss−$7k
Operating expenses−$61k
NOI · 6.46% cap applied$142k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$395/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$145 – $592

Cap rate analysis

How does the asset earn?
6.46%
$142k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I
Industrial Zones. Industrial zones include the following zones: I, CI, and CIC. Inflatable Sign. Any air or gas filled device located, at...
General categoryINDUSTRIAL
JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office30.4
Law Firm24.5
Building Supply22.8

Location

974 Griffin St Grover Beach, CA 93433
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
480 Frnt, Grover Beach, CA 93433-1556 $800,000 Jul 2024 846 SF
232 Frnt, Grover Beach, CA 93433-1946 $600,000 May 2024 2,850 SF
956 Griffin, Grover Beach, CA 93433-3019 $350,000 Nov 2023 1,200 SF
321 Manhattan, Grover Beach, CA 93433-1903 $83,000 Jul 2023 1,200 SF
871 4th, Grover Beach, CA 93433-3006 $505,000 May 2023 3,888 SF
255 Beckett, Grover Beach, CA 93433-1917 $400,000 Mar 2019 360 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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