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Flex Space with Four Roll-Up Doors
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1101-1107 Paso Robles St, Paso Robles, CA 93446

Freshly renovated flex space with four roll-up doors and a fenced, newly paved yard and parking area.

Property Size10,350 SF
Price / SF$315
Days on Market165

Property Features for 1101-1107 Paso Robles St

General Information

Standard status Active
Size 10,350 SF
Property subtype FLEX_R_AND_D
Listing Agency: Lee & Associates | San Luis Obispo
Listed By: Alex Olsen · License #01126609
Source: Moodyscre
Added: May 21 Changed: Oct 25 Last Checked: Nov 1 at 8:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates | San Luis Obispo

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Freshly renovated flex space offering suites ranging from 2,500 SF to 10,350 SF, with brand new LED lighting in each unit. The buildings include four (4) roll-up doors, supporting a range of light industrial or warehouse-oriented uses.

The property has Paso Robles Street frontage, providing a signage opportunity. Outside, the site includes a fenced, newly paved yard and parking, adding practical space for customer or operational needs.

Available configurations can fit both smaller and larger requirements within the stated SF range, with the combination of updated interior lighting, roll-up access, and improved outdoor area.

Key Highlights

  • 2,500 SF to 10,350 SF of available flex space
  • Four (4) roll‑up doors
  • Freshly renovated interiors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$128,348
Cap Rate
3.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,566,960 $2.6M
Cap Rate 7%
$1,833,543 $1.8M
Cap Rate 9%
$1,426,089 $1.4M
Market Conditions
NOI Build-Up for 10,350 SF
Gross rent
$207.4K $20.04/SF
− Vacancy
−$10.0K −$0.96/SF
EGI
$197.5K $19.08/SF
− OpEx
−$69.1K −$6.68/SF
NOI
$128.3K $12.40/SF
Area
San Luis Obispo County, CA
Vacancy
4.80%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,566,960
Cap Rate 7%
$1,833,543
Cap Rate 9%
$1,426,089

Alternative Uses

Best Use
Flex RnD
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,348 @ 7.0% cap · market cap 3.94%
Second Best
Industrial
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $105,089 @ 7.0% cap · market cap 3.22%
Theoretical Best
Healthcare Medical
$4.07M
$3.56M – $4.75M (±1% cap)
NOI $284,935 @ 7.0% cap · market cap 8.74%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility HVAC Service Kitchen & Bath Showroom Auto Parts Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,859
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93446, CA

45,979
Population
19,786
Households
2.3
Avg Household Size
41
Median Age
30%
College-Educated
91%
High-School Grad
428.3 sq mi
ZIP Area
107
Density / Sq Mi
$94,512
Median Household Income
$43,229
Median Earnings
$1,946
Median Rent
$661,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Similar Off Market Nearby

  • The Patio Kitchen — 710 Pine St, Paso Robles, CA 93446
  • Society Cuisine LLC — 825 Riverside Ave #12, Paso Robles, CA 93446
  • Trumpet Vine Catering — 825 Riverside Ave #12, Paso Robles, CA 93446

Frequently Asked Questions

What type of property is this?
Flex space - Freshly renovated flex space with four roll-up doors and a fenced, newly paved yard and parking area.
Where is this flex space located?
The property is located at 1101-1107 Paso Robles St Paso Robles, CA.
What is the asking price?
The asking price for this property is $3,260,250.
What are key features of this property?
This property features: 2,500 SF to 10,350 SF of available flex space; Four (4) roll‑up doors; Freshly renovated interiors
(805) 218-5766 · Office Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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