Property profile

0 Ardmore Rd - Lot #6 Parcel Paso Robles, CA 93446

OFF-MARKET
Land
1.66 ac lot
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Property summary

AI-generated overview

This exceptional 1.66-acre parcel, located at 0 Ardmore Road - Lot #6, Parcel #2 in Paso Robles, California (zip code 93446), presents a unique investment opportunity. Zoned for Commercial/Light Industrial (C3 PD) use, this property offers significant potential for a variety of businesses. The lot boasts 72,309 square feet of land and enjoys a highly desirable location with easy access to Highway 46 East, benefiting from high traffic volume and the success of neighboring businesses. The seller is finalizing a lot split and will complete offsite improvements, including curb, gutter, and sidewalk installation on the cul-de-sac and Ardmore Road, prior to escrow closing. Utilities have already been stubbed to the lot, and rough grading is complete, significantly reducing development costs and timelines. The property's APN is 025-362-043. This property is situated in San Luis Obispo County and is ideal for developers or businesses seeking a strategic location with excellent infrastructure and accessibility. The asking price is $1,115,000. The possibility of combining this parcel with neighboring properties further enhances its development potential.

Property profile

Verified
Property type Land
Lot 1.66 ac (72,310 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Ardmore Rd - Lot #6 Parcel Paso Robles, CA 93446
Paso Robles metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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