Two-Building Industrial
3519 Combine, Paso Robles, CA 93446
For Sale
$2,980,000
Two separate buildings provide office, warehouse, and work areas within a C-3 commercial-industrial development.
Property Size9,433 SF
Price / SF$315.91
Days on Market356
Property Features for 3519 Combine
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Highway Access
Building Details
Building Size
Year Built
Buildings
Listing Agency:
GUIDE Real Estate
(805) 305-1287
Listed By:
Lauren Wilczynski Henry · License #01895964
(805) 237-4060
Source:
Oakstooceanrealestate
Added: Nov 19, 2025
Changed: Nov 8
Last Checked: Nov 8 at 8:40PM
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 GUIDE Real Estate
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Investment Insights
Based on property information with market context.
This flex property comprises two buildings on one level lot, totaling 9,433 square feet. The 4,997.58-square-foot building has two offices, each equipped with a mini-split system, a main-level bathroom, and two roll-up doors. The second building contains 4,430 square feet, one office with a mini-split system, one bathroom, and a single roll-up door. Both structures were built in 2026.
The property is at 3519 Combine in Paso Robles, California, within a C-3-zoned commercial-industrial development. The surrounding tenant mix includes contractors, physical therapy, food products, wine making and storage, a gym, and medical supplies businesses. The property is also described as having highway visibility and serving as a gateway into the city.
The property is at 3519 Combine in Paso Robles, California, within a C-3-zoned commercial-industrial development. The surrounding tenant mix includes contractors, physical therapy, food products, wine making and storage, a gym, and medical supplies businesses. The property is also described as having highway visibility and serving as a gateway into the city.
Key Highlights
- Two buildings on one lot, totaling 9,433 square feet
- 4,997.58‑square‑foot building with two offices, two roll‑up doors, and a main‑level bathroom
- 4,430‑square‑foot building with one office, one roll‑up door, and a bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,976
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,339,520
$2.3M
Cap Rate 7%
$1,671,086
$1.7M
Cap Rate 9%
$1,299,733
$1.3M
Market Conditions
NOI Build-Up for 9,433 SF
Gross rent
$189.0K $20.04/SF
− Vacancy
−$9.1K −$0.96/SF
EGI
$180.0K $19.08/SF
− OpEx
−$63.0K −$6.68/SF
NOI
$117.0K $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%
$2,339,520
Cap Rate 7%
$1,671,086
Cap Rate 9%
$1,299,733
Alternative Uses
Best Use
Flex RnD
$1.67M
$1.46M – $1.95M
NOI $116,976 @ 7.0% cap · market cap 3.93%
Second Best
Warehouse
$1.53M
$1.34M – $1.78M
NOI $106,998 @ 7.0% cap · market cap 3.59%
Theoretical Best
Healthcare Medical
$3.71M
$3.25M – $4.33M
NOI $259,690 @ 7.0% cap · market cap 8.71%
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
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Dean Brothers' Smokehouse — Paso Robles, CA 93446
- The Chocolate Diva — Paso Robles, CA 93446
Frequently Asked Questions
What type of property is this?
Flex space - Two separate buildings provide office, warehouse, and work areas within a C-3 commercial-industrial development.
Where is this flex space located?
The property is located at 3519 Combine Paso Robles, CA.
What is the asking price?
The asking price for this property is $2,980,000.
What are key features of this property?
This property features: Two buildings on one lot, totaling 9,433 square feet; 4,997.58‑square‑foot building with two offices, two roll‑up doors, and a main‑level bathroom; 4,430‑square‑foot building with one office, one roll‑up door, and a bathroom
