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Property profile & analytics
OFF-MARKET
Estimated value
$3,965,000
Motels
425 Spg St Paso Robles, CA 93446-3125
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2028377
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
1947
Construction
WOOD
Total area
7,524 SF
Lot
0.96 ac (42,000 SF)
Zoning code
C2
APN
009-258-005
UPID
US09-2028377
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
$4.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.97M
Owner & transaction history
Boy And Girl LLC · 4 yrs held
Boy And Girl LLC
since 2021
Last sale
$3.7M
7 recorded transactions
Zoning & alternative use
C2 · 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
$4,215,000
ML approach
$4,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$4,135,000
Current use
RESTAURANT
$3,785,000
Change: -8% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,440,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$3.97M
Range $3.57M – $4.36M · ±10% · vs last sale $3.68M (Oct 15 2021)
Last sale anchor
$3.68M
Oct 15 2021
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
$527 / 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
$42,507
Tax year 2024
Assessed value
$3,823,470
Assessed 2024
Previous assessed
$3,823,470
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$2,184,840
Assessed improvement
$1,638,630
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
Off-Market
Year built
1947
Construction
WOOD
Heating
NONE
Rooms
10
Bathrooms
18
Total area
7,524 SF
Lot
0.96 ac (42,000 SF)
Zoning code
C2
APN
009-258-005
UPID
US09-2028377
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
C2 · Paso Robles, CA
Zoning C2 · permitted uses
C2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$4.1M
RESTAURANT
Est. value
$3.8M
AUTO REPAIR, GARAGE
Est. value
$3.4M
HOTEL/MOTEL Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1947
Construction
WOOD
Heating
NONE
Rooms
10
Bathrooms
18
Lot
0.96 ac
Current owner
From public records · entity-resolved
Boy And Girl LLC
Entity
Mailing address
1880 SANTA BARBARA AVE STE #110, SAN LUIS OBISPO, CA 93401-4477
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2023
—
Boys & Girl LLC
—
Deed
related
$5,600,138 · Community West Bank NA
Jan 5, 2022
—
Boys & Girl LLC
—
Deed
related
$550,000 · Community West Bank NA
Oct 15, 2021
$3,675,000
Boy And Girl LLC
Leeway Family INC
Grant Deed
—
Sep 16, 2021
—
The Leeway Family LLC
Kevin G Lee
Intrafamily Transfer
related
—
Mar 16, 2021
—
Kevin G Lee
Kevin Lee
Intrafamily Transfer
related
—
Sep 11, 2008
—
Kevin Lee
Lee,kevin
Quit Claim Deed
related
$139,500 · Mission Community Bank
Jul 25, 2005
—
Kevin Lee
Leeway Family LLC
Quit Claim Deed
—
Sep 18, 2001
—
Leeway Family LLC
Lee,kevin G
Quit Claim Deed
related
—
Feb 28, 2001
—
Kevin G Lee
Winslow Trust
Grant Deed
related
—
Dec 26, 2000
—
Kevin G Lee
Lee & Winslow Trust
Quit Claim Deed
related
—
Sep 18, 2000
—
Winslow Trust
Lee,robert A
Quit Claim Deed
related
—
Feb 3, 2000
—
Kevin G Lee
Lee,robert A
Quit Claim Deed
related
—
Jan 13, 1999
—
Kevin G Lee
Lee,robert A
Quit Claim Deed
related
—
Mar 16, 1990
$406,500
Hempenius,gerald
Patel,ramanbhai
Trustees Deed
related
—
Mar 16, 1990
—
Kevin G Lee
—
Deed Of Trust
related
—
—
—
Kevin Lee
—
Deed Of Trust
related
$140,000 · Snow Bobby A Living Trust (lt)
—
—
Kevin G Lee
—
Deed Of Trust
related
$10,000 · Country Real Est
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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