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Property profile & analytics
FOR SALE
Motels
2749 Spring St Paso Robles, CA 93446
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2094245
For Sale
1 / 10
$4,750,000
2749 Spring St, Paso Robles, CA 93446
View Listing →
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1957
Construction
WOOD
Total area
8,153 SF
Lot
0.79 ac (34,200 SF)
Zoning code
T4F
APN
008-101-001
UPID
US09-2094245
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
$2.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.35M
Blend (final)
Blend
$2.06M
Owner & transaction history
Townhouse Hotel LLC · 3 yrs held
Townhouse Hotel LLC
since 2022
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
T4F · 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
$2,095,000
ML approach
$2,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.06M
Range $1.85M – $2.26M · ±10% · vs last sale $2.80M (Sep 26 2022)
Last sale anchor
$2.80M
Sep 26 2022
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
$252 / 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
$31,729
Tax year 2024
Assessed value
$2,854,000
Assessed 2024
Previous assessed
$2,854,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,020,000
Assessed improvement
$1,834,000
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
Motels
Use group
MOTEL
Status
For Sale
Year built
1957
Construction
WOOD
Heating
NONE
Rooms
30
Bathrooms
25
Total area
8,153 SF
Lot
0.79 ac (34,200 SF)
Zoning code
T4F
APN
008-101-001
UPID
US09-2094245
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
T4F · Paso Robles, CA
Zoning T4F · permitted uses
T4F · 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
1957
Construction
WOOD
Heating
NONE
Rooms
30
Bathrooms
25
Lot
0.79 ac
Current owner
From public records · entity-resolved
Townhouse Hotel LLC
Entity
Mailing address
2759 CORAL AVE, MORRO BAY, CA 93442-1577
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
—
Townhouse Hotel LLC
—
Deed
related
$2,461,420 · American Riviera Bank
Dec 29, 2022
—
Townhouse Hotel LLC
—
Deed
related
$250,000 · American Riviera Bank
Sep 26, 2022
$2,800,000
Townhouse Hotel LLC
Raju H Panchal
Grant Deed
$1,600,000 · Raju Panchal
Jul 17, 1992
$159,500
Raju H Panchal
Patel,ramesh
Grant Deed
related
$65,949 · Seller
Apr 12, 1991
—
Ramesh Patel
Patel,ramesh
Quit Claim Deed
related
—
Sep 19, 1990
$180,500
Patel Ramesh N
Patel,vinod G
Grant Deed
related
$145,313 · Seller
—
—
Raju H Panchal
—
Deed Of Trust
related
$376,100 · Heritage Oaks Bank
—
—
Ramesh Patel
—
Deed Of Trust
related
$325,000 · Heritage 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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