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Property profile & analytics
OFF-MARKET
Office buildings
Hwy 1st 1 Pismo Beach, CA 93449
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-5000579
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1963
Construction
TILT-UP CONCRETE
Total area
1,152 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CR
APN
005-241-064
UPID
US09-5000579
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
Snow Talley · 5 yrs held
Snow Talley
since 2021
Last sale
$12,000
7 recorded transactions
Zoning & alternative use
CR · Pismo Beach, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The commercial recreation or C-R zone is intended to be applied to recreational vehicle parks
Zone name
Commercial Recreation
General category
COMMERCIAL
Zone area
54.91 ac
Source
Realmo
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 Pismo Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pismo 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)
Refine in 60 seconds, get exact suggested price
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
$7,856
Tax year 2024
Assessed value
$634,686
Assessed 2024
Previous assessed
$634,686
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$607,107
Assessed improvement
$27,579
Applied tax rate
4.0000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
1,152 SF
Lot
0.7 ac (30,492 SF)
Zoning code
CR
APN
005-241-064
UPID
US09-5000579
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · Pismo Beach, CAZoning CR · permitted uses
CR · Pismo Beach, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The commercial recreation or C-R zone is intended to be applied to recreational vehicle parks
Zone name
Commercial Recreation
General category
COMMERCIAL
Zone area
54.91 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1963
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.7 ac
Current owner
From public records · entity-resolved
Snow Talley
Individual
Free & Clear · 5 yrs held
Mailing address
165 S DOLLIVER ST #93, PISMO BEACH, CA 93449-2901
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2021
$12,000
Snow Talley
Craig Murray
Grant Deed
—
Mar 25, 2019
—
Anita F D Fornaro
Fornaro,anita F D
Quit Claim Deed
related
—
Jul 7, 2014
$7,500
Wayne J Herson
Dungan Vicki L 2012 Living Tr Lt
Grant Deed
—
Mar 25, 2014
$8,000
Coonce Family Living Trust
Weaver,charles N & Barbara J
Grant Deed
—
Sep 19, 2013
$9,000
Bratcher Family Trust
Reimer William C Fam Trust
Grant Deed
—
Sep 16, 2013
$7,500
Christie L Atkins
Jackson,robert L & Wanda
Grant Deed
—
Sep 23, 2002
—
Carole Calentyn
Keith,kathryn & Edward
Grant Deed
related
—
Dec 31, 1998
$495,000
Pismo Coast Village Rv
Nelson Trust
Grant Deed
$900,000 · Santa Lucia Bank
—
—
Pismo Coast Vllg INC
—
Deed Of Trust
related
$461,410 · Central Coast 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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