New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,620,000
Turn key restaurants
1226 Park St Paso Robles, CA 93446-2233
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US09-1338456
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1922
Construction
TILT-UP CONCRETE
Total area
20,680 SF
Lot
0.24 ac (10,500 SF)
Zoning code
TC1
APN
009-044-004
UPID
US09-1338456
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.62M
Owner & transaction history
Odd Fellows Building Paso Robles Ll · 12 yrs held
Odd Fellows Building Paso Robles Ll
since 2013
7 recorded transactions
Zoning & alternative use
TC1 · Paso Robles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Paso Robles submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paso Robles submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$78 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$60,399
Tax year 2024
Assessed value
$5,432,762
Assessed 2024
Previous assessed
$5,432,762
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,086,549
Assessed improvement
$4,346,213
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
20,680 SF
Lot
0.24 ac (10,500 SF)
Zoning code
TC1
APN
009-044-004
UPID
US09-1338456
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
TC1 · Paso Robles, CA
Zoning TC1 · permitted uses
TC1 · Paso Robles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paso Robles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1922
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.24 ac
Current owner
From public records · entity-resolved
Odd Fellows Building Paso Robles Ll
Individual
Mailing address
PO BOX 44, PASO ROBLES, CA 93447-0044
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2018
—
Odd Fellows Bldg Paso Robles L
—
Deed
related
$3,750,000 · Miscellaneous Ins Co
Aug 21, 2013
—
Odd Fellows Building Paso Robles Ll
Brett Vansteenwyk
Correction Deed
related
$1,255,000 · Wells Fargo Bank NA
Dec 14, 2012
$4,500,000
Brett Vansteenwyk
Pacific Management & Dev INC
Grant Deed
—
Oct 28, 2005
—
Pacific Management & Dev INC
Saunders,terry C
Grant Deed
—
Aug 13, 2004
—
Terry C Saunders
Pacific Management & Dev INC
Grant Deed
$1,500,000 · Mission Community Bank NA
Jul 21, 1995
$65,000
Pacific Management & Dev INC
Park Central
Grant Deed
related
$65,000 · Individual
Apr 2, 1993
$350,000
Central Park
Collelmo Trust
Grant Deed
$300,000 · Colelmo Trust
—
—
Pacific Management & Dev INC
—
Deed Of Trust
related
$600,000 · First Bank San Luis Obispo
—
—
Pacific Management & Dev INC
—
Deed Of Trust
related
$1,200,000 · Pacific Capital Bank NA
—
—
Pacific Management & Dev INC
—
Deed Of Trust
related
$1,200,000 · First Bank San Luis Obispo
—
—
Pacific Management & Dev INC
—
Deed Of Trust
related
$2,500,000 · Pacific Capital Bank NA
—
—
Pacific Management & Developme
—
Deed Of Trust
related
$25,000 · Redevelopment Agency El Paso
—
—
Pacific Management & Dev INC
—
Deed Of Trust
related
$160,000 · Mid State Bank
—
—
Pacific Management & Dev
—
Deed Of Trust
related
$300,000 · Mid State Bank
—
—
Odd Fellows Bldg Paso Robles L
—
Deed Of Trust
related
$3,750,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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