Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1483 Creston Rd Paso Robles, CA 93446
    Back to Search
    Property profile & analytics

    1483 Creston Rd, Paso Robles, CA 93446

    View on Map
    • Office Spaces
    • 1,438 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Spaces

    Property Details for 1483 Creston Rd

    Property type
    Office Spaces

    Description

    This exceptional 1,438 square foot executive office suite is available for lease in the desirable city of Paso Robles, California. Located at 1483 Creston Rd, zip code 93446, this single-tenant property offers a complete and private workspace. The entire building, totaling 1,438 square feet, is currently vacant and ready for immediate occupancy. Situated in San Luis Obispo County, this property presents a fantastic opportunity for businesses seeking a prestigious and functional office space. The address provides convenient access to local amenities and transportation routes within Paso Robles. The property is classified as an Executive Office, ideal for businesses requiring a professional and well-appointed environment. This is a single-tenant occupancy, ensuring privacy and control over the entire space. The property's size is perfectly suited for a variety of businesses, offering ample room for offices, meeting areas, and support staff. Interested parties are encouraged to inquire further to explore the possibilities of establishing their business in this prime Paso Robles location. The property is ready for immediate occupancy, allowing for a swift and efficient transition for your business. This is a rare opportunity to secure a fully functional and well-located office space in a thriving California market. Contact us today to schedule a viewing.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Paso Robles
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.657
    Latitude
    35.6161

    Comparable in this City

    • Value Estimation by Request
      420 SF

      741 21st St Ste, Unit 102

      CONDOMINIUM OFFICES
      741 21st St Ste, Paso Robles, CA 93446-1665
      View Details
    • Value Estimation by Request
      707 SF

      2985 Theatre Dr, Unit 12

      CONDOMINIUM OFFICES
      2985 Theatre Dr, Paso Robles, CA 93446-3913
      View Details
    • Value Estimation by Request
      338 SF

      2985 Theatre Dr Ste, Unit 3

      CONDOMINIUM OFFICES
      2985 Theatre Dr Ste, Paso Robles, CA 93446-4500
      View Details
    • Value Estimation by Request
      3,400 SF

      1144 Black Oak St

      Office Spaces
      1144 Black Oak St, Paso Robles, CA 93446
      View Details
    • Value Estimation by Request
      800 SF

      935 Riverside Ave Ste, Unit 24

      CONDOMINIUM OFFICES
      935 Riverside Ave Ste, Paso Robles, CA 93446-2606
      View Details
    • Value Estimation by Request
      571 SF

      1920 Creston Rd

      CONDOMINIUM OFFICES
      1920 Creston Rd, Paso Robles, CA 93446-4455
      View Details

    Similar Nearby for Sale

    • $350,000
      700 SF

      Move-in Ready Office Suite

      Professional office suite in downtown Paso Robles with parking.
      1104 Vine St, Paso Robles, CA 93446
      View Details
    • $900,000

      Turn-Key Medical Building on Vine

      Medical building near downtown Paso Robles, suitable for office uses.
      1036 Vine St, Paso Robles, CA 93446
      View Details
    • Contact for pricing
      1,914 SF

      Turn-Key Medical Building on Vine

      Medical building near downtown Paso Robles with renovated interior.
      1036 Vine St, Paso Robles, CA 93446
      View Details
    • $1,100,000
      10,450 SF

      Paso Robles Commercial Facility

      Mixed-use commercial facility with ramp access at Paso Robles Airport.
      3150 Propeller B & C Dr, Paso Robles, CA 93446
      View Details
    • $506,000
      1,078 SF

      Downtown Paso Robles Office Suite

      Move-in ready office suite in a desirable Paso Robles location.
      1104 Vine St, Paso Robles, CA 93446
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Modern Industrial Suites Near Highways

      Versatile industrial suites near Highways 101 & 46 for rent.
      2758 Danley Ct, Paso Robles, CA 93446
      View Details
    • Contact for pricing

      Industrial Warehouse with Office Space

      Industrial warehouse with office space available for lease.
      C-708 Paso Robles St, Paso Robles, CA 93446
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1483 Creston Rd
    Paso Robles, CA 93446
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1483 Creston Rd, Paso Robles, CA, 93446
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!