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Property profile & analytics
OFF-MARKET Estimated value $3,530,000
Investment properties

2930 Un Rd Paso Robles, CA 93446-8391

1,232 SF 10.19 ac lot Built 1975
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-5686653
Property summary
AI-generated overview

This exceptional 10.747-acre property, located at 2930 Union Rd, Paso Robles, CA 93446 (APN 025-362-043), presents a unique investment opportunity. Currently zoned for Commercial/Light Industrial use, this land offers significant potential for various development projects. The asking price is $4,600,000, translating to a land value of $10 per square foot. The property's advantageous location provides easy access to Highway 46 East, placing it within a high-traffic area, boosting visibility and accessibility. The site includes an existing residence and outbuildings, offering flexibility for immediate use or future redevelopment. This parcel presents a compelling opportunity for businesses seeking a strategic location in a thriving area. Furthermore, the possibility exists to combine this parcel with a neighboring property, allowing for even larger-scale development projects. This versatile land offers a blend of existing structures and prime development potential, making it an attractive investment in the dynamic Paso Robles market. Serious inquiries are encouraged to explore the full potential of this exceptional property.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1975
Construction WOOD
Total area 1,232 SF
Lot 10.19 ac (443,876 SF)
Zoning code C3
APN 025-362-049
UPID US09-5686653
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
$3.65M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.53M
Owner & transaction history
Covelop Holdings LLC · 2 yrs held
Covelop Holdings LLC
since 2023
Last sale
$3.7M
7 recorded transactions
2023
$3.7M
2021
Price N/A
2019
Price N/A
2019
$3.4M
2019
Price N/A
2019
Price N/A
2009
Price N/A
Zoning & alternative use
C3 · Paso Robles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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