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Property profile & analytics
OFF-MARKET Estimated value $1,365,000
Office buildings

1704 Spg St Paso Robles, CA 93446-1677

4,616 SF 0.23 ac lot Built 2004
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-0670861
Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 2004
Construction WOOD
Total area 4,616 SF
Lot 0.23 ac (10,000 SF)
Zoning code C2
APN 008-285-004
UPID US09-0670861
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
$1.41M
Comparable Approach Comparable
$1.44M
Blend (final) Blend
$1.37M
Owner & transaction history
Birdneck Point Partners LLC · 8 yrs held
Birdneck Point Partners LLC
since 2017
7 recorded transactions
2017
$1.1M
2008
Price N/A
2004
Price N/A
2003
Price N/A
2002
Price N/A
2001
$200,000
1969
Price N/A
Zoning & alternative use
C2 · Paso Robles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

E. Highway Commercial Zoning District (C-2) Purpose. The Highway Commercial Zoning District is established to provide areas for vehicle-oriented and commercial service uses. The range of uses is intended to serve city-wide and regional needs. F. Commercial/Light Industrial Zoning District (C-3) Purpose. The Commercial/Light Industrial Zoning District is esta…

Zone name Highway Commercial
General category COMMERCIAL
Zone area 148.38 ac
Source Current Zoning Code
Top alternative use upside
Auto repair, garage $2.1M +47.6%
Commercial (general) $1.9M +35.9%
Medical building $1.9M +32.7%
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