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    1340 Penman Springs Rd Lake Nacimiento, CA 93446

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    For Sale
    $3,950,000

    Commercial land available in Paso Robles, California.

    Lot size:
    28.00 Acres

    Property Features for 1340 Penman Springs Rd

    General Information

    Lot size
    28.00 Acres

    Building Details

    Year built
    1947

    Source: Coldwell Banker Res. Brokerage Agent Stacie Hatfield

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Paso Robles Land For Sale

    Commercial land is available for sale in Paso Robles, California.
    Location Intelligence

    Current Use by Public Records

    Ernest Hemingway Vineyards ... Winery

    Suggested Use

    Realty agency Law Firm Plumbing Service Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Nacimiento
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6143979
    Latitude
    35.6203912

    FAQs

    What type of property is this?
    Commercial land - Commercial land available in Paso Robles, California.
    Where is this commercial land located?
    The property is located at 1340 Penman Springs Rd Lake Nacimiento, CA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - Year Built: 1947
    (949) 702-0267
    Request Owner's contact information
    1340 Penman Springs Rd Lake Nacimiento, CA 93446
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    Lake Nacimiento, CA 93446
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    Realmo Value Estimation

    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.

    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.

    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
    1340 Penman Springs Rd Lake Nacimiento, CA 93446
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