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Property profile & analytics
OFF-MARKET
Estimated value
$1,335,000
Investment properties
1231 Park St Paso Robles, CA 93446-2234
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3024414
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1935
Construction
TILT-UP CONCRETE
Total area
4,689 SF
Lot
0.08 ac (3,485 SF)
Zoning code
C1
APN
009-042-004
UPID
US10-3024414
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
$820k
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.34M
Owner & transaction history
1129 Park Street LLC · 13 yrs held
1129 Park Street LLC
since 2013
6 recorded transactions
Zoning & alternative use
C1 · Paso Robles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.1M
+8.6%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$890,000
6.5%
$820,000
7%
$765,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,975,000
Current use
AUTO REPAIR, GARAGE
$2,145,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$1,925,000
Change: -2% · Conversion: Easy
Blend value · Realmo final
$1.34M
Range $1.20M – $1.47M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$285 / 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
$18,495
Tax year 2024
Assessed value
$1,663,625
Assessed 2024
Previous assessed
$1,663,625
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$519,126
Assessed improvement
$1,144,499
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1935
Construction
TILT-UP CONCRETE
Heating
NONE
Bathrooms
2
Total area
4,689 SF
Lot
0.08 ac (3,485 SF)
Zoning code
C1
APN
009-042-004
UPID
US10-3024414
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
C1 · Paso Robles, CA
Zoning C1 · permitted uses
C1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.9M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1935
Construction
TILT-UP CONCRETE
Heating
NONE
Bathrooms
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
1129 Park Street LLC
Entity
Mailing address
950 S COAST DR STE #265, COSTA MESA, CA 92626-7816
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 31, 2013
$1,384,000
1129 Park Street LLC
Loucks,dennis R & Sally S
Grant Deed
—
Apr 29, 2005
$1,225,000
Dennis R Loucks
Mcintire,roger B & Kathy
Grant Deed
—
Apr 30, 1998
$200,000
Roger B Mcintire
Woodland Trust
Grant Deed
$80,000 · Mid State Bank
Aug 19, 1991
$65,000
Richard Woodland
Jac Mars INC
Grant Deed
related
$73,500 · Citizens Federal Bank Fsb
—
—
Roger B Mcintire
—
Deed Of Trust
related
$80,000 · Mission Community Bank NA
—
—
Roger Mcintire
—
Deed Of Trust
related
$75,000 · Mission Community Bank NA
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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