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    120 Niblick Rd Paso Robles, CA 93446

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    For Sale
    Contact for pricing

    Prime vacant storefront, ideal for owner-user. High barriers to entry, strong regional draw.

    Property size:
    33,770 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 33,770-square-foot vacant storefront, located at 120 Niblick Rd, Paso Robles, CA 93446, presents a unique investment opportunity. The property, a former JCPenney, boasts a Class B designation and sits on a substantial 4.59-acre lot (APN: 009-814-014). Built in 1998, this single-story building is zoned RC-Regional Commercial, offering significant flexibility for redevelopment or repurposing. The property is offered fee simple and is suitable for a 1031 exchange. Its strategic location provides high visibility and accessibility, shadow-anchored by a Walmart, creating a strong regional draw and high barriers to entry for competitors. The entire 33,770 square feet is currently vacant and is potentially demiseable into two units, providing options for multiple tenants or expansion. This presents a rare chance to acquire a large-scale retail space in a thriving Paso Robles market within San Luis Obispo County. The property's size and location make it an attractive proposition for a variety of retail uses.

    Property Features for 120 Niblick Rd

    General Information

    Property type
    Individual retail properties
    Square Feet
    33,770 SF
    Class
    B
    Lot Size
    199,940 SF

    Building Details

    Year Built
    1998
    Stories
    1
    Units
    1

    HighLights

    • 33,770 SF vacant storefront in Paso Robles, CA.
    • Located on a 4.59‑acre lot (APN: 009‑814‑014).
    • Former JCPenney, Class B building, built in 1998.
    • Zoned RC‑Regional Commercial, suitable for redevelopment or repurposing.
    • Offered fee simple, 1031 exchange eligible.
    • High visibility, shadow‑anchored by Walmart, strong regional draw.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Paso Robles
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6843183
    Latitude
    35.6124703

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    FAQs

    What type of property is this?
    Individual retail property - Prime vacant storefront, ideal for owner-user. High barriers to entry, strong regional draw.
    Where is this individual retail property located?
    The property is located at 120 Niblick Rd Paso Robles, CA.
    What are key features of this property?
    This property features: 33,770 SF vacant storefront in Paso Robles, CA.; Located on a 4.59-acre lot (APN: 009-814-014).; Former JCPenney, Class B building, built in 1998.
    Request Owner's contact information
    120 Niblick Rd Paso Robles, CA 93446
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    Paso Robles, 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
    120 Niblick Rd Paso Robles, CA 93446
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