Property summary
This Paso Robles property presents a unique investment opportunity. The 6,528-square-foot industrial warehouse, built in 1959, sits on a large 48,787-square-foot lot zoned TC-2. The existing building offers immediate rental income potential, projected at $2.00 per square foot triple net (NNN), generating an estimated annual net operating income (NOI) exceeding $141,000 with a 7.05% cap rate. A comprehensive underwriting plan incorporates a $500,000 renovation budget. The substantial, flat… rear parcel offers significant upside potential for future development. The TC-2 zoning allows for diverse uses, including residential or commercial projects such as live-work units, rowhouses, or stacked dwellings up to 50 feet in height. The property includes nine units and ample parking. This mixed-use (Industrial) Class C building presents a compelling blend of immediate return and long-term development prospects in a desirable Paso Robles location. The property's address is 2432 Spring St, Paso Robles, CA 93446, with APN 008121013. The asking price is $1,500,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 recorded sales · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 6,528 SF
- Lot area
- 1.12 ac
- Year built
- 1959
- APN
- 008-121-013
- Assessed value · 2024
- $405,802
- Annual tax · 2024
- $4,512
- Commercial (general)
- Medical Building
- Restaurant
- Neighborhood: Shopping Center · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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