120 Niblick Rd Paso Robles, CA 93446
Property profile & analytics
120 Niblick Rd Paso Robles, CA 93446
- Commercial land
- 11,224 SF
- 4.10 lot acres
Property ID
US09-5315051
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.
Location Intelligence
Current Use by Public Records
- Commercial land
Property Details for 120 Niblick Rd
- Year built
- 2006
- Construction
- WOOD FRAME
- Lot size
- 4.10 lot acres
- Property size
- 11,224 SF
- Zone code
- RC
- Property type
- Commercial land
- APN
- 009-814-052
- APU
- 9814052
Description
This exceptional 33,770-square-foot vacant storefront, located at 120 Niblick Rd, Paso Robles, CA 93446, presents a unique investment opportunity. The property, a former JCPenney, boasts a Class B designation and sits on a substantial 4.59-acre lot (APN: 009-814-014). Built in 1998, this single-story building is zoned RC-Regional Commercial, offering significant flexibility for redevelopment or repurposing. The property is offered fee simple and is suitable for a 1031 exchange. Its strategic location provides high visibility and accessibility, shadow-anchored by a Walmart, creating a strong regional draw and high barriers to entry for competitors. The entire 33,770 square feet is currently vacant and is potentially demiseable into two units, providing options for multiple tenants or expansion. This presents a rare chance to acquire a large-scale retail space in a thriving Paso Robles market within San Luis Obispo County. The property's size and location make it an attractive proposition for a variety of retail uses.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,735,000
- ML approach
- $1,730,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,135,000
- 6.5%
- $1,970,000
- 7%
- $1,830,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $2,357,000
Market price range: $1.59M - $3.76M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Paso Robles
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.685
- Latitude
- 35.6126
- 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
$3,132
$1,581,000
$1,123,100
$2,704,100
-
$0.00
$0.00
$0.00
