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Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Medical Office Space
220 Oak Hl Rd Paso Robles, CA 93446-5427
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1336733
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2007
Total area
3,600 SF
Lot
0.13 ac (5,479 SF)
Zoning code
RC
APN
009-815-023
UPID
US09-1336733
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
$1.59M
CAP Approach
CAP
$1.53M
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$1.52M
Owner & transaction history
220 Oak Hill Road LLC · 5 yrs held
220 Oak Hill Road LLC
since 2020
Last sale
$1.3M
5 recorded transactions
Zoning & alternative use
RC · Paso Robles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
G. Regional Commercial Zoning District (RC) Purpose. The Regional Commercial Zoning District is established to provide areas where diverse commercial enterprises can work together to meet retail shopping demands locally and regionally. H. Resort/Lodging Zoning District (RL) Purpose. The Resort/Lodging Zoning District is established to provide areas for visit…
Zone name
Regional Commercial
General category
COMMERCIAL
Zone area
64.42 ac
Source
Current Zoning Code
Top alternative use upside
Auto repair, garage
$1.6M
+11.2%
Commercial (general)
$1.5M
+2.4%
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
$1,520,000
ML approach
$1,585,000
CAP Approach
CAP Return
Estimation
6%
$1,650,000
6.5%
$1,525,000
7%
$1,415,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,480,000
Current use
AUTO REPAIR, GARAGE
$1,645,000
Change: +11% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,515,000
Change: +2% · Conversion: Easy
Blend value · Realmo final
$1.52M
Range $1.37M – $1.67M · ±10% · vs last sale $1.30M (Dec 7 2020)
Last sale anchor
$1.30M
Dec 7 2020
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
$422 / 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
$16,122
Tax year 2024
Assessed value
$1,450,171
Assessed 2024
Previous assessed
$1,450,171
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$362,542
Assessed improvement
$1,087,629
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2007
Heating
NONE
Total area
3,600 SF
Lot
0.13 ac (5,479 SF)
Zoning code
RC
APN
009-815-023
UPID
US09-1336733
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
RC · Paso Robles, CAZoning RC · permitted uses
RC · Paso Robles, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
G. Regional Commercial Zoning District (RC) Purpose. The Regional Commercial Zoning District is established to provide areas where diverse commercial enterprises can work together to meet retail shopping demands locally and regionally. H. Resort/Lodging Zoning District (RL) Purpose. The Resort/Lodging Zoning District is established to provide areas for visitor-oriented lodging and recreation opportunities near tourism and visitor-oriented destinations. I. Industrial Zoning District (M) Purpose. The Industrial Zoning District is established to provide areas for general industrial uses, such as manufacturing and fabrication, industrial services, outside storage, vehicle repair, warehousing, and wholesale distribution. 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
Regional Commercial
General category
COMMERCIAL
Zone area
64.42 ac
Source
Current Zoning Code
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.5M
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2007
Heating
NONE
Lot
0.13 ac
Current owner
From public records · entity-resolved
220 Oak Hill Road LLC
Entity
Free & Clear · 5 yrs held
Mailing address
223 RADDA WAY, PISMO BEACH, CA 93449-1636
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Sep 8, 2022
—
220 Oak Hill Road LLC
—
Deed
related
$700,000 · Noreen R Martin
Dec 7, 2020
—
220 Oak Hill Road LLC
Hulburd C S F/tr
Quit Claim Deed
—
May 3, 2018
$1,300,000
Christopher S Hulburd
Oldenburg,j Brent & Yunsoo K
Grant Deed
—
May 3, 2018
—
Christopher S Hulburd
Martin,noreen R
Quit Claim Deed
—
Mar 18, 2010
$900,000
J Brent Oldenburg
Kennedy Athletic Club
Grant Deed
$828,000 · American Principle Bank
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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