Technical
Financial
Distress signals
Property profile

985 Morro Ave Morro Bay, CA 93442

OFF-MARKET
Investment properties
Property ID
US09-3235517
0.26 ac lot
Individually Owned 10-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Construction STEEL FRAME
Lot 0.26 ac (11,534 SF)
Zoning code VSC
APN 066-053-009
UPID US09-3235517

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

985 Morro Ave Morro Bay, CA 93442-2137
Morro Bay metro Census 10603 SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2016
4 recorded transactions
2016
Price N/A
2005
Price N/A
1998
Price N/A
1969
Price N/A

Zoning & alternative use

VSC · Morro Bay, CA
Zoning description

Visitor Serving Commercial VSC. This district is intended to provide areas for visitor-oriented services and uses located at easily accessible locations and tourist destinations. A range of visitor-serving uses are allow…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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