Property profile

0 American Way Paso Robles, CA 93446

OFF-MARKET
Land
1.24 ac lot
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Property summary

AI-generated overview

This exceptional 1.24-acre parcel, located at 0 American Way in Paso Robles, California, presents a unique investment opportunity. Zoned for manufacturing, this property offers significant potential for a variety of businesses. The land encompasses approximately 54,014 square feet and comes with tentative building plans for a roughly 24,000 square foot structure, streamlining the development process. Its strategic location in San Luis Obispo County, near Paso Robles Airport, provides excellent access to transportation and logistics networks. The property's suitability extends to diverse industries, including manufacturing, education, wine development, and aerospace. This prime location in the thriving Paso Robles area offers a compelling combination of land size, zoning flexibility, and convenient access, making it an ideal site for ambitious projects. The asking price is $695,000. The property's zip code is 93446. This is a rare chance to acquire a well-situated industrial land parcel with pre-existing development plans, ready for immediate action.

Property profile

Verified
Property type Land
Lot 1.24 ac (54,014 SF)

Cap rate & NOI

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

Location

American Way 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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