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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Retail space
2111 Golden Hl Rd Paso Robles, CA 93446-7375
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-1360059
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
WOOD
Total area
3,040 SF
Lot
0.85 ac (37,204 SF)
Zoning code
C3
APN
025-403-034
UPID
US09-1360059
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
$760k
Comparable Approach
Comparable
$487k
Blend (final)
Blend
$775k
Owner & transaction history
Wash N Shine LLC · 9 yrs held
Wash N Shine LLC
since 2016
7 recorded transactions
Zoning & alternative use
C3 · Paso Robles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Encourages a mix of commercial, residential, and compatible uses in a unified development pattern
Zone name
Commercial And Light Industrial
General category
INDUSTRIAL
Zone area
325.89 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$1.3M
+29.8%
Medical building
$1.3M
+26.7%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$825,000
6.5%
$760,000
7%
$705,000
Alternative Use
Use
Estimation
RETAIL STORES
$985,000
Current use
COMMERCIAL (GENERAL)
$1,280,000
Change: +30% · Conversion: Easy
MEDICAL BUILDING
$1,250,000
Change: +27% · Conversion: Difficult
OFFICE BUILDING
$940,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$775k
Range $698k – $853k · ±10%
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
$255 / 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
$13,697
Tax year 2024
Assessed value
$1,232,026
Assessed 2024
Previous assessed
$1,232,026
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$759,829
Assessed improvement
$472,197
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
NONE
Total area
3,040 SF
Lot
0.85 ac (37,204 SF)
Zoning code
C3
APN
025-403-034
UPID
US09-1360059
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
C3 · Paso Robles, CAZoning C3 · permitted uses
C3 · Paso Robles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Encourages a mix of commercial, residential, and compatible uses in a unified development pattern
Zone name
Commercial And Light Industrial
General category
INDUSTRIAL
Zone area
325.89 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$985,000
COMMERCIAL (GENERAL)
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.3M
OFFICE BUILDING
Est. value
$940,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL BUILDING
OFFICE BUILDING
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
1987
Construction
WOOD
Heating
NONE
Lot
0.85 ac
Current owner
From public records · entity-resolved
Wash N Shine LLC
Entity
Mailing address
PO BOX 216, ATASCADERO, CA 93423-0216
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2016
$965,000
Wash N Shine LLC
Golden Hills INC
Grant Deed
$365,000 · Bank Of The Sierra
Nov 15, 2002
$520,000
Golden Hills INC
Clark,fred A Est
Grant Deed
$741,100 · Mission Community Bank NA
Jun 30, 1994
—
Fred A Clark
Clark,fred & Kel
Quit Claim Deed
related
$160,000 · Money Store Investment Corp
Mar 6, 1990
$275,000
Clark,fred & Kel
West,theodore J
Trustees Deed
$185,000 · Heritage Oaks Bank
—
—
Pacific Coast Teak INC
—
Deed Of Trust
related
$75,000 · Brad Clark
—
—
Golden Hills INC
—
Deed Of Trust
related
$230,000 · Tom Leatherwood
—
—
Golden Hills INC
—
Deed Of Trust
related
$100,000 · Julien Fred J Family Trust(pt)
—
—
Golden Hill Corp
—
Deed Of Trust
related
$33,100 · Us Small Business Admn
—
—
Golden Hills INC
—
Deed Of Trust
related
$697,500 · Bank Of America
—
—
Fred Clark
—
Deed Of Trust
related
—
—
—
Golden Hills INC
—
Deed Of Trust
related
$247,542 · Diane Rochelle
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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