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Property profile & analytics
OFF-MARKET
Industrial land
1620 Commerce Way Paso Robles, CA 93446-3645
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3248429
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
1.39 ac (60,548 SF)
Zoning code
PM
APN
009-314-061
UPID
US10-3248429
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
by Request
Owner & transaction history
Nci Affiliates INC · 11 yrs held
Nci Affiliates INC
since 2015
5 recorded transactions
Zoning & alternative use
PM · Paso Robles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
J. Planned Industrial Zoning District (PM) Purpose. The Planned Industrial Zoning District is established to provide areas where innovation and flexibility in the design and function of industrial developments can be achieved.
Zone name
Planned Industrial
General category
INDUSTRIAL
Zone area
344.32 ac
Source
Current Zoning Code
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
—
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
$4,159
Tax year 2024
Assessed value
$374,100
Assessed 2024
Previous assessed
$374,100
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$374,100
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
1.39 ac (60,548 SF)
Zoning code
PM
APN
009-314-061
UPID
US10-3248429
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
PM · Paso Robles, CAZoning PM · permitted uses
PM · Paso Robles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
J. Planned Industrial Zoning District (PM) Purpose. The Planned Industrial Zoning District is established to provide areas where innovation and flexibility in the design and function of industrial developments can be achieved.
Zone name
Planned Industrial
General category
INDUSTRIAL
Zone area
344.32 ac
Source
Current Zoning Code
Building & site characteristics
From public records
Heating
NONE
Lot
1.39 ac
Current owner
From public records · entity-resolved
Nci Affiliates INC
Entity
Free & Clear · 11 yrs held
Mailing address
1434 CHESTNUT ST, PASO ROBLES, CA 93446-2000
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2015
$317,500
Nci Affiliates INC
Gold Coast Investment Group
Grant Deed
—
Feb 14, 2007
—
Gold Coast Inv Group INC
Sperbeck,thomas C & Cheryl
Grant Deed
—
Jan 17, 2007
$320,000
Thomas C Sperbeck
Jit Manufacturing INC
Grant Deed
—
Aug 2, 1994
—
J I T Manufacturing INC
—
Deed Of Trust
related
$1,000,000 · Sanwa Bank California
Aug 1, 1994
$912,000
Jit Manufacturing INC
Beckman Instrume
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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