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    Property profile & analytics

    1104 Vine St Paso Robles, CA 93446

    • Office Properties & Spaces
    • 1,078 SF
    • 0.08 lot acres
    For Sale
    View listing
    $575,000
    Value Estimations
    Cap Rate Potential
    7.4%
    Office Properties & Spaces
    Location Intelligence
    Property ID
    US09-1487541
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 1104 Vine St

    Year built
    1945
    Construction
    WOOD
    Lot size
    0.08 lot acres
    Property size
    1,078 SF
    Zone code
    R30
    Property type
    Office Properties & Spaces
    APN
    009-094-004
    APU
    9094004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $290,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $355,000
      6.5%
      $330,000
      7%
      $305,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $279,000
      Market price range: $198k - $430k
      AI Estimate
      $243,000
      Market price range: $166k - $402k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Paso Robles
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.694
    Latitude
    35.6256
    CBSA code
    42020
    CBSA name
    SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,535
    $97,702
    $130,276
    $227,978
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      420 SF

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      CONDOMINIUM OFFICES • 420 SF
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    • Value Estimation
      $260,000
      707 SF

      2985 Theatre Dr, Unit 12

      CONDOMINIUM OFFICES • 707 SF
      2985 Theatre Dr, Paso Robles, CA 93446-3913
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    • Value Estimation
      $260,000
      338 SF

      2985 Theatre Dr Ste, Unit 3

      CONDOMINIUM OFFICES • 338 SF
      2985 Theatre Dr Ste, Paso Robles, CA 93446-4500
      View Details
    • Value Estimation by Request
      1,438 SF

      1483 Creston Rd

      Office Properties & Spaces • 1,438 SF
      1483 Creston Rd, Paso Robles, CA 93446
      View Details
    • Value Estimation by Request
      3,400 SF

      1144 Black Oak St

      Office Properties & Spaces • 3,400 SF
      1144 Black Oak St, Paso Robles, CA 93446
      View Details
    • Value Estimation
      $315,000
      0.02 Acres

      1400 Railroad St, Unit 6

      CONDOMINIUM OFFICES • 0.02 Acres
      1400 Railroad St, Paso Robles, CA 93446-1772
      View Details

    Similar Nearby for Sale

    • $4,250,000
      10.55 Acres

      Paso Robles Winery Estate

      10-Acre Vineyard & Winery, $4.25M
      2925 Anderson Rd, Paso Robles, CA 93446
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    • $695,000
      1,345 SF

      Downtown Paso Robles Office Building

      Charming office building in downtown Paso Robles with parking.
      1115 Vine St, Paso Robles, CA 93446
      View Details
    • $575,000
      1,078 SF

      Move-in Ready Office Suite

      Professional office suite in a desirable Paso Robles business district.
      1104 Vine St, Paso Robles, CA 93446
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    • $920,000
      2 SF

      Downtown Paso Robles Office Building

      Office building in Paso Robles' downtown district, suitable for professional/medical uses.
      1030 Vine St, Paso Robles, CA 93446
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    • $1,450,000
      3,180 SF

      Renovated Office Building For Sale

      Fully renovated office building with 3,180 square feet available.
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      Move-in Ready Paso Robles Office

      Professional office suite in a desirable Paso Robles business district.
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    Similar Nearby for Lease

    • $2.00 SF/Yr
      2 SF

      Downtown Paso Robles Office Building

      Office building in Paso Robles' downtown district, suitable for professional/medical uses.
      1030 Vine St, Paso Robles, CA 93446
      View Details
    • Contact for pricing

      Office Space for Rent

      Office space available for lease featuring shared common entrance.
      1400 El Paso De Robles, Paso Robles, CA 93446
      View Details
    • Contact for pricing

      Dental Office Space Available

      1,332 SF office space suitable for dental practice.
      106 Gateway Center Dr, Paso Robles, CA 93446
      View Details
    • Contact for pricing
      8,763 SF

      Prime Paso Robles Office Space

      Class A Office Suites Available Now
      1446 Spring St, Paso Robles, CA 93446
      View Details
    • Contact for pricing

      Upstairs Office Space For Rent

      Approximately 500 SF upstairs office space available for rent.
      578 Spring St, Paso Robles, CA 93446
      View Details
    • Contact for pricing

      Office Space in Paso Robles

      Office space featuring a conference room and open floorplan.
      1400 El Paso De Robles, Paso Robles, CA 93446
      View Details
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    1104 Vine St
    Paso Robles, CA 93446
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    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
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