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Property profile & analytics
OFF-MARKET
Estimated value
$550,000
Office buildings
1948 Spg St Paso Robles, CA 93446-1620
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3216399
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1975
Construction
TILT-UP CONCRETE
Total area
3,316 SF
Lot
0.12 ac (5,320 SF)
Zoning code
T3F
APN
008-235-002
UPID
US10-3216399
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
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$550k
Owner & transaction history
Thomas J Madden · 5 yrs held
Thomas J Madden
since 2021
Last sale
$530,000
7 recorded transactions
Zoning & alternative use
T3F · 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
$610,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$550k
Range $495k – $605k · ±10% · vs last sale $530k (Apr 20 2021)
Last sale anchor
$530k
Apr 20 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
$166 / 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
$8,639
Tax year 2024
Assessed value
$777,081
Assessed 2024
Previous assessed
$777,081
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$235,081
Assessed improvement
$542,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
Off-Market
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
3,316 SF
Lot
0.12 ac (5,320 SF)
Zoning code
T3F
APN
008-235-002
UPID
US10-3216399
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
T3F · Paso Robles, CA
Zoning T3F · permitted uses
T3F · 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.
Building & site characteristics
From public records
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
0.12 ac
Current owner
From public records · entity-resolved
Thomas J Madden
Individual
Free & Clear · 5 yrs held
Mailing address
3252 KILER CYN RD, PASO ROBLES, CA 93446-3729
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
—
Thomas J Madden
Martin P Moroski
Correction Deed
related
—
Apr 20, 2021
—
Thomas J Madden
Thomas J Madden
Intrafamily Transfer
related
$900,000 · Pacific Premier Bank
Apr 3, 2020
$566,000
Madden,t J & Lamacchia L Trust
Moroski Family Trust
Grant Deed
—
Apr 3, 2020
$530,000
Moroski Family Trust
Madden T J & Lamacchia Trust
Grant Deed
—
Nov 27, 2019
$283,000
Phillip W St. Martin
Steven J Adamski
Grant Deed
$282,855 · Adamski Joseph E L/tr (lt)
Nov 27, 2019
$301,182
Allen G Bowman
Green Family Trust
Grant Deed
$282,855 · Adamski Joseph E L/tr (lt)
Nov 30, 2018
—
Moroski Family Trust
Moroski,martin P & Diane W
Quit Claim Deed
related
—
Jun 22, 2016
—
Madden,thomas J Trust
Madden,thomas J
Quit Claim Deed
related
—
May 2, 2013
$194,500
Cumberland Family Trust
Nicholson Family Trust
Grant Deed
—
Mar 27, 2012
—
Steven J Adamski
Adamski,steven J
Quit Claim Deed
related
$510,000 · First California Bank
Nov 10, 2008
—
Nicholson Family Trust
Nicholson,john E D & Cynthia J
Quit Claim Deed
related
—
Jun 19, 2007
—
Farm Credit West Flca
Farm Credit West Pca
Quit Claim Deed
—
Jun 19, 2007
$1,250,000
Steven J Adamski
Farm Credit West Flca
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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