650 Farroll RdGrover Beach, CA 93433

  • Retail properties
  • 10,318 SF
For Lease
$18/SF/YR View listing

Property Details for 650 Farroll Rd

Year built
1985
Construction
TILT-UP CONCRETE
Lot size
0.40 AC
Property size (Sq ft)
10,318 SF
Zone code
CI
Property type
Retail properties
Property subtype
Other retail properties
APN
060-541-022
APU
60541022

Description

This Grover Beach industrial property, located at 650 Farroll Rd, offers two available warehouse units totaling approximately 6,930 square feet of vacant space within a 10,500 square foot building. The property is zoned for industrial use and features multiple roll-up doors and high ceilings in both units. Unit 1 offers approximately 4,780 square feet, while Unit 2 provides approximately 2,150 square feet. These units can be leased individually or combined to accommodate a variety of business needs. The property includes 12 on-site parking spaces, providing ample parking for employees and clients. Situated in the heart of Grover Beach's industrial zone, this property offers convenient access to major transportation routes and is ideal for businesses requiring warehouse, industrial, manufacturing, or distribution space. The property's address is 650 Farroll Rd, Grover Beach, CA 93433, with an APN of 060-541-022 in San Luis Obispo County. The minimum divisible space is 2,150 square feet. This multi-tenant building presents a unique opportunity for businesses seeking flexible and functional industrial space in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,150,235
    6.5%
    $1,984,832
    7%
    $1,843,058
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,452,726
    Geo Method
    $4,944,418
  • Alternative Use

    Use
    Valuation
    Residential
    $1,674,280
    Hospitality
    $1,533,632
    Educational
    $1,275,964
    Medical
    $1,319,846
    Retail
    $1,984,832
650 Farroll Rd, Grover Beach, California

Location Insight

City
Grover Beach
County
San Luis Obispo
State
California
Latitude
35.1139
Longitude
-120.624
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
$23,454
$796,478
$1,251,610
$2,048,088
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