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Financial
Distress signals
Property profile

1142 Railroad St Paso Robles, CA 93446

FOR LEASE
Retail space
Property ID
US09-1633341
3,200 SF 0.12 ac lot Built 1948
Last sale Jan 1997 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

1142 Railroad is an industrial flex building configured with a loading dock, a small rear yard area, and a layout that combines office and shop functions. The interior includes multiple office spaces with dedicated heating/air, small storage rooms, and two restrooms, with these areas opening into a larger shop/work area that is supported by a mezzanine. The property is located about one block from the downtown park and has limited on-site parking, with additional parking available along the street. The building is zoned TC-1.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$220k
Assessed land$104k
Assessed improvement$117k
Effective rate1.11%

Value estimate

· Oct 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$324/SF
County average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$193 – $494
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3
Encourages a mix of commercial, residential, and compatible uses in a unified development pattern
General categoryINDUSTRIAL
JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.7
Dry Cleaner8.5
Home Appliance Store8.4

Location

1142 Railroad St Paso Robles, CA 93446
County assessor Recorded deeds · 3 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1339 Riverside, Paso Robles, CA 93446-2643 $850,000 Aug 2024 3,069 SF
1501 Riverside, Paso Robles, CA 93446-1745 $850,000 Aug 2024 2,400 SF
2816 Spg, Paso Robles, CA 93446-1256 $1,600,000 Aug 2023 3,245 SF
1140 Pne, Paso Robles, CA 93446-2521 $1,800,000 May 2023 2,500 SF
1910 Creston, Paso Robles, CA 93446-4488 $600,000 Dec 2021 2,348 SF
2805 Black Oak, Paso Robles, CA 93446 $1,400,000 Aug 2021 5,071 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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