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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Retail space
1233 Park St Paso Robles, CA 93446-2234
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1360038
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1937
Construction
TILT-UP CONCRETE
Total area
5,500 SF
Lot
0.16 ac (7,000 SF)
Zoning code
TC1
APN
009-042-027
UPID
US09-1360038
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
$1.06M
Blend (final)
Blend
$760k
Owner & transaction history
Jls LLC · 7 yrs held
Jls LLC
since 2019
6 recorded transactions
Zoning & alternative use
TC1 · Paso Robles, CA
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$760k
Range $684k – $836k · ±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
$138 / 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
$2,662
Tax year 2024
Assessed value
$239,477
Assessed 2024
Previous assessed
$239,477
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$175,625
Assessed improvement
$63,852
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1937
Construction
TILT-UP CONCRETE
Heating
NONE
Rooms
2
Bathrooms
1
Total area
5,500 SF
Lot
0.16 ac (7,000 SF)
Zoning code
TC1
APN
009-042-027
UPID
US09-1360038
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
TC1 · Paso Robles, CAZoning 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
Source
Current Zoning Code
Building & site characteristics
From public records
Year built
1937
Construction
TILT-UP CONCRETE
Heating
NONE
Rooms
2
Bathrooms
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Jls LLC
Entity
Free & Clear · 7 yrs held
Mailing address
3700 SPG ST, PASO ROBLES, CA 93446-6014
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
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
Jan 8, 2019
—
Jls LLC
Salmanzadeh Family Trust
Quit Claim Deed
related
—
Jan 3, 2018
$300,000
Salmanzadeh Family Trust
Salmanzadeh,angela
Quit Claim Deed
related
—
Dec 20, 2010
—
Salmanzadeh Family Trust
Salmanzadeh,ali & Julie
Quit Claim Deed
related
—
Feb 27, 1997
$150,000
Salmanzadeh,ali & Julie
Francis S Smyth Trustee
Trustees Deed
$110,000 · Seller
Feb 27, 1997
—
Bakewell Trust
Bakewell,ann S
Quit Claim Deed
related
—
Jun 20, 1996
—
Smyth Trust
Smyth,francis S
Quit Claim Deed
related
—
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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