Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Paso Robles Commercial Land Parcel Title is generated by Realmo AI

    0 Lot 2 Wisteria Lane, Paso Robles, CA 93446

    View on Map
    Claim this Listing
    For Sale
    $1,400,000

    Land/Lot - Paso Robles, CA

    Lot size:
    94,090.00 Acres
    Added:
    Sep 8, 2023
    Days on Market:
    1002
    Last Refresh:
    Jun 5 at 1:06 pm

    Property Features for 0 Lot 2 Wisteria Lane

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    C3
    Exterior features
    Community Features Included: Biking, Curbs, Dog Park, Golf, Hiking, Gutters, Lake, Horse Trails, Park, Hunting, Watersports, Rural, Sidewalks, Storm Drains, Street Lights, Suburban, Urban
    Standard status
    Active
    APN
    025426003
    Lot size
    94,090.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Gwen Erskine
    Gwen Erskine

    Listing agent Gwen Erskine License #01230514

    Listing office Country Real Estate 630 14th Street, Paso Robles, CA

    Listing date Sep 8, 2023

    MLS# NS23168895 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Premier location in the county's most prestigious business park, with convenient access to Highway 46 East, Highway 101, and Paso Robles Public Airport.
    • Rare opportunity to acquire a brand‑new Commercial C‑3 parcel; only 3 available.
    • Completed on‑site and off‑site improvements, including fiber optic infrastructure.
    • C‑3 zoning allows for a wide range of business uses, including hotels, wineries, car dealerships, restaurants, and more (subject to city verification).
    • Located in the path of growth, adjacent to established businesses such as JUSTIN Wine Facility and Riboli‑San Antonio Winery.
    • Ready to build or invest; offering immediate potential for development.

    Overview

    This 2.16+/- acre commercial land parcel is located in a prestigious business park in Paso Robles. Zoned C-3, the property is suitable for a variety of business uses, including hotels, motels, wineries, car dealerships, food and beverage sales, gyms, general merchandise, financial businesses, service stations, contract services, grocery stores, medical offices, professional offices, manufacturing, and personal services. All on-site and off-site improvements are completed, including fiber optic. The property benefits from convenient access to Highway 46 East, in proximity to the upcoming CalTrans 46E Interchange, and nearby Highway 101. The Paso Robles Public Airport is also located a few miles away. Neighboring businesses include a 110,000 square foot JUSTIN Wine Facility, Riboli-San Antonio Winery production/event center, Dessault Systemes global software, and BETA USA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Paso Robles
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.647876
    Latitude
    35.648579

    Nearby Similar for Sale

    • $5,000,000
      10,780 SF

      Downtown Paso Robles Development Opportunity

      Prime mixed-use property near downtown park with approved development plans.
      800 11th. Street, Paso Robles, CA 93446
      View Details
    • $1,979,000
      4,123 SF

      Turnkey Restaurant and Bar Opportunity

      High-performing restaurant and bar with real estate and liquor license.
      2927 Spring Street, Paso Robles, CA 93446
      View Details
    • $506,000
      1,078 SF

      Downtown Paso Robles Office Suite

      Move-in ready office suite in a desirable Paso Robles location.
      1104 Vine, Paso Robles, CA 93446
      View Details
    • $4,999,999
      1,500 SF

      Paso Robles Vineyard Estate

      47-acre vineyard estate in Paso Robles' Willow Creek District.
      3000 Oakdale Rd., Paso Robles, CA 93446
      View Details
    • $195,000

      Affordable Lake Getaway Opportunity

      Lake Nacimiento getaway with trailer, amenities, and community features.
      5223 Running Rabbit, Paso Robles, CA 93446
      View Details
    • $849,000
      2,100 SF

      Charming Duplex in Paso Robles

      Westside investment property near downtown Paso Robles.
      309 15th Street & 311, Paso Robles, CA 93446
      View Details
    • $1,995,000

      Paso Robles Vineyard Opportunity

      122-acre Paso Robles property with vineyard and residential potential.
      2762 Adelaida Road, Paso Robles, CA 93446
      View Details
    • $1,100,000
      10,450 SF

      Paso Robles Commercial Facility

      Mixed-use commercial facility with ramp access at Paso Robles Airport.
      3150 Propeller B & C Drive, Paso Robles, CA 93446
      View Details
    • $1,979,000
      4,123 SF

      Turnkey Paso Robles Restaurant Opportunity

      High-performing restaurant and bar with real estate and liquor license.
      2927 Spring St, El Paso de Robles (Paso Robles), CA 93446
      View Details
    • $890,000
      1,534 SF

      Corner Lot with Mixed-Use Zoning

      Corner lot in the Riverside Corridor with mixed-use zoning and an existing fixer home across from the fairgrounds.
      2103 Riverside, Paso Robles, CA 93446
      View Details
    • $750,000
      1,290 SF

      Charming Craftsman Mixed-Use Opportunity

      Circa 1900 craftsman with a versatile layout that can support small business use or a return to residential living.
      1545 Park Street, Paso Robles, CA 93446
      View Details
    • $234,900

      Level Parcel in Gated Community

      Land in gated community with lake access and amenities.
      9940 Bluegill Drive, Paso Robles, CA 93446
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial C-3 parcel in a prestigious Paso Robles business park.
    Where is this commercial land located?
    The property is located at 0 Lot 2 Wisteria Lane Paso Robles, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Premier location in the county's most prestigious business park, with convenient access to Highway 46 East, Highway 101, and Paso Robles Public Airport.; Rare opportunity to acquire a brand‑new Commercial C‑3 parcel; only 3 available.; Completed on‑site and off‑site improvements, including fiber optic infrastructure.
    (805) 239-9566
    We can help!
    Listing Contact
    Gwen Erskine
    Gwen Erskine
    Real Estate License ID: 01230514
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    0 Lot 2 Wisteria Lane, Paso Robles, CA 93446
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!