Back to Search
Property profile & analytics
FOR SALE
Warehouses
155 Cow Meadow Pl Templeton, CA 93446
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-5192810
For Sale
1 / 6
$700,000
155 Cow Meadow Pl, Templeton, CA 93446
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
12,072 SF
Lot
1.03 ac (44,866 SF)
Zoning code
CR
APN
040-153-008
UPID
US09-5192810
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
$3.09M
CAP Approach
CAP
$2.11M
Comparable Approach
Comparable
$3.43M
Blend (final)
Blend
$2.91M
Owner & transaction history
Bob Smith Industries INC · 4 yrs held
Bob Smith Industries INC
since 2022
Last sale
$2.8M
4 recorded transactions
Zoning & alternative use
CR · Paso Robles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$4.5M
+93.8%
Retail stores
$3.9M
+69.6%
Industrial (general)
$3.9M
+68.3%
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 Templeton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Templeton 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
$3,215,000
ML approach
$3,085,000
CAP Approach
CAP Return
Estimation
6%
$2,280,000
6.5%
$2,105,000
7%
$1,955,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,310,000
Current use
APARTMENT HOUSE (5+ UNITS)
$4,475,000
Change: +94% · Conversion: Difficult
RETAIL STORES
$3,915,000
Change: +70% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,885,000
Change: +68% · Conversion: Easy
Blend value · Realmo final
$2.91M
Range $2.61M – $3.20M · ±10% · vs last sale $2.80M (Aug 24 2021)
Last sale anchor
$2.80M
Aug 24 2021
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
$241 / 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
$31,895
Tax year 2024
Assessed value
$2,937,381
Assessed 2024
Previous assessed
$2,937,381
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$1,896,981
Applied tax rate
126.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
2006
Heating
NONE
Total area
12,072 SF
Lot
1.03 ac (44,866 SF)
Zoning code
CR
APN
040-153-008
UPID
US09-5192810
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
CR · Paso Robles, CA
Zoning CR · permitted uses
CR · 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
WAREHOUSE, STORAGE Current
Est. value
$2.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.5M
RETAIL STORES
Est. value
$3.9M
INDUSTRIAL (GENERAL)
Est. value
$3.9M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
INDUSTRIAL (GENERAL)
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
2006
Heating
NONE
Lot
1.03 ac
Current owner
From public records · entity-resolved
Bob Smith Industries INC
Entity
Mailing address
155 COW MDW PL, PASO ROBLES, CA 93446-3947
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 10, 2022
—
Bob Smith Industries INC
Robert George Smith
Lease
$1,400,000 · Coasthills Cu
Aug 24, 2021
$2,800,000
Robert G Smith
Linda Vogt
Grant Deed
$1,400,000 · Coasthills Cu
Aug 24, 2021
—
Robert G Smith
Martina Smith
Intrafamily Transfer
related
$1,120,000 · Coasthills Cu
Nov 27, 2007
—
Vogt,linda Trust
Vogt,linda J
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
