Property profile

2103 Wisteria Ln Paso Robles, CA 93446

FOR LEASE
Industrial properties
Property ID
US09-3019144
6,233 SF 1.63 ac lot Built 2007
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 5,905-square-foot industrial flex space, located at 2103 Wisteria Lane in Paso Robles, CA 93446, offers a prime opportunity for businesses seeking versatile warehouse and office space. The property boasts a single story building with three suites, and 2,960 square feet are currently vacant, divisible to a minimum of 1,395 square feet. The building features a desirable 20-foot ceiling height, two dock-high doors, and 3-phase electrical lighting and outlets. Constructed of block, the space will be delivered in vanilla shell condition, including an ADA-compliant restroom and a gas ceiling heater. The property benefits from a high-exposure corner location near the Golden Hill Road/Highway 46 intersection within a popular business park, sharing the development with notable companies such as Justin Vineyard, IQMS, Wine Direct, and San Antonio Winery. The zoning is PM - Planned Industrial, making it suitable for a variety of uses, including wine storage, light manufacturing, or showroom space. The property is situated in San Luis Obispo County and offers easy access to major transportation routes. This is an excellent opportunity to establish a presence in a thriving business community. The property is zoned PM - Planned Industrial.

Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 2007
Construction TILT-UP CONCRETE
Total area 6,233 SF
Lot 1.63 ac (71,002 SF)
Zoning code PM
APN 025-425-005
UPID US09-3019144

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center

Location

2103 Wisteria Ln Paso Robles, CA 93446
Paso Robles metro Census 10207 SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2022
Last sale
$373,000
7 recorded transactions
2022
Price N/A
2007
Price N/A
2006
$422,500
2006
$792,500
2004
Price N/A
2004
$373,000
1969
Price N/A

Zoning & alternative use

PM · Paso Robles, CA
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 ach…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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