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Property profile & analytics
OFF-MARKET
Manufacturing properties
3501 Combine St Paso Robles, CA 93446-7076
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3932263
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2021
Construction
WOOD
Total area
4,730 SF
Lot
0.41 ac (17,860 SF)
Zoning code
C3
APN
025-437-006
UPID
US09-3932263
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Michael D Corson · 4 yrs held
Michael D Corson
since 2022
Last sale
$225,000
6 recorded transactions
Zoning & alternative use
C3 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$12,199
Tax year 2024
Assessed value
$1,057,958
Assessed 2024
Previous assessed
$1,057,958
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$303,668
Assessed improvement
$754,290
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
NONE
Buildings
2
Total area
4,730 SF
Lot
0.41 ac (17,860 SF)
Zoning code
C3
APN
025-437-006
UPID
US09-3932263
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
C3 · Paso Robles, CA
Zoning 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
Paso Robles. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2021
Construction
WOOD
Heating
NONE
Buildings
2
Lot
0.41 ac
Current owner
From public records · entity-resolved
Michael D Corson
Individual
Mailing address
1033 ANACAPA ST, SANTA BARBARA, CA 93101-2102
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 31, 2022
—
Michael D Corson
Michael D Corson
Intrafamily Transfer
related
$397,000 · Cen Cal Business Finance Group
Mar 2, 2021
—
Michael D Corson
—
Deed
related
$600,000 · American Riviera Bank
Dec 23, 2020
—
Michael D Corson
Corson Family Trust
Quit Claim Deed
related
—
Dec 23, 2019
$225,000
Corson Family Trust
Rick Ewens
Grant Deed
—
Nov 1, 2019
$215,000
Rick Ewens
Gjd LLC
Grant Deed
—
Aug 5, 2008
—
James Devarennes
Deverennes,jim
Grant Deed
—
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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