Strip Mall with Triple Street
For Sale
$3,895,000
915 13th St, Paso Robles, CA 93446
Strip mall offered for sale with frontage on three streets, including 13th Street.
Property Size10,000 SF
Price / SF$389.50
Days on Market123
Property Features for 915 13th St
General Information
Standard status
Active
Size
10,000 SF
Building Details
Year Built
1922
Listing Agency:
GUIDE Real Estate
Listed By:
Scott Ehrke · License #01012637
(805) 238-1555
Source:
Livebre
Added: Jun 22
Changed: Oct 15
Last Checked: Oct 7 at 2:37PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is a strip mall/retail center offered for sale. The public remarks indicate frontage on three streets, creating multiple points of visibility and access from the surrounding roadways.
The location is described as being on 13th Street between Pine Street and Railroad, with frontage on all three streets. The property is located in San Luis Obispo County at 915 13th Street in Paso Robles, California.
Details on the internal tenant mix, building size, unit configuration, or any specific improvements are not provided in the supplied information.
The location is described as being on 13th Street between Pine Street and Railroad, with frontage on all three streets. The property is located in San Luis Obispo County at 915 13th Street in Paso Robles, California.
Details on the internal tenant mix, building size, unit configuration, or any specific improvements are not provided in the supplied information.
Key Highlights
- Strip mall for sale with frontage on all three streets, including 13th Street
- Frontage locations include 13th Street between Pine St and Railroad as well as Pine St and Railroad frontage
- Year built: 1922
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,456
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,249,120
$3.2M
Cap Rate 7%
$2,320,800
$2.3M
Cap Rate 9%
$1,805,067
$1.8M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$240.0K $24.00/SF
− Vacancy
−$7.9K −$0.79/SF
EGI
$232.1K $23.21/SF
− OpEx
−$69.6K −$6.96/SF
NOI
$162.5K $16.25/SF
Area
San Luis Obispo County, CA
Vacancy
3.30%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,249,120
Cap Rate 7%
$2,320,800
Cap Rate 9%
$1,805,067
Alternative Uses
Best Use
Retail
$2.32M
$2.03M – $2.71M
NOI $162,456 @ 7.0% cap · market cap 4.17%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$3.93M
$3.44M – $4.59M
NOI $275,299 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,859
Businesses Nearby
39k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 35%
Shops & Services 30%
Dining 22%
Home Improvements & Furnishings 12%
Boot Barn
Apparel
13,761 visits/mo
0.3 miles
Bank of America
Shops & Services
11,398 visits/mo
0.4 miles
Cool Hand Luke's
Dining
6,510 visits/mo
0.1 miles
True Value Hardware
Home Improvements & Furnishings
2,528 visits/mo
0.4 miles
Cold Stone Creamery
Dining
2,288 visits/mo
0.2 miles
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
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Strip mall - Strip mall offered for sale with frontage on three streets, including 13th Street.
Where is this strip mall located?
The property is located at 915 13th St Paso Robles, CA.
What is the asking price?
The asking price for this property is $3,895,000.
What are key features of this property?
This property features: Strip mall for sale with frontage on all three streets, including 13th Street; Frontage locations include 13th Street between Pine St and Railroad as well as Pine St and Railroad frontage; Year built: 1922
