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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Mobile home & RV parks
1480 Penman Spgs Rd Paso Robles, CA 93446-9361
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US09-1676874
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1974
Construction
TYPE NOT SPECIFIED
Total area
2,156 SF
Lot
19.7 ac (858,132 SF)
Zoning code
AG
APN
015-053-035
UPID
US09-1676874
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
$600k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$666k
Blend (final)
Blend
$600k
Owner & transaction history
Juan Pablo Martinez · 1 yrs held
Juan Pablo Martinez
since 2024
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
AG · 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
Method
Estimation
Statistic approach
$600,000
ML approach
$600,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$985,000
Change: -3% · Conversion: Difficult
COMMERCIAL (GENERAL)
$905,000
Change: -11% · Conversion: Difficult
MEDICAL BUILDING
$885,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10% · vs last sale $600k (Aug 8 2024)
Last sale anchor
$600k
Aug 8 2024
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
$278 / 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
$5,158
Tax year 2024
Assessed value
$477,884
Assessed 2024
Previous assessed
$477,884
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$295,833
Assessed improvement
$182,051
Applied tax rate
104.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1974
Construction
TYPE NOT SPECIFIED
Heating
NONE
Rooms
5
Bathrooms
2
Total area
2,156 SF
Lot
19.7 ac (858,132 SF)
Zoning code
AG
APN
015-053-035
UPID
US09-1676874
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
AG · Paso Robles, CA
Zoning AG · permitted uses
AG · 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
AUTO REPAIR, GARAGE
Est. value
$985,000
COMMERCIAL (GENERAL)
Est. value
$905,000
MEDICAL BUILDING
Est. value
$885,000
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1974
Construction
TYPE NOT SPECIFIED
Heating
NONE
Rooms
5
Bathrooms
2
Lot
19.7 ac
Current owner
From public records · entity-resolved
Juan Pablo Martinez
Individual
Mailing address
1480 PENMAN SPGS RD, PASO ROBLES, CA 93446-9361
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2024
$600,000
Juan Pablo Martinez
Choboian Investments LLC
Grant Deed
$120,000 · Sumruld Garcia INC
Aug 8, 2024
—
Jose Juan Martinez
Candace Martinez
Intrafamily Transfer
related
$480,000 · Choboian Investments LLC
Feb 15, 2017
—
Choboian Investments LLC
Choboian Manya Trust
Quit Claim Deed
—
Jan 30, 2017
$420,000
Choboian,manya Trust
Wilson Gil & Barbara Trust
Grant Deed
—
Jan 30, 2017
—
Barbara J Wilson
Wilson,gilbert B
Affidavit Of Death
related
—
May 28, 2010
—
Wilson Gil & B Family Trust
Wilson,gilbert B & Barbara J
Quit Claim Deed
related
—
Dec 3, 1998
—
Gilbert B Wilson
Wilson Trust
Quit Claim Deed
related
$104,500 · Young Mortgage Service
—
—
Gilbert B Wilson
—
Deed Of Trust
related
$96,750 · Bank Of America
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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