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Financial
Distress signals
Property profile

618 12th St Paso Robles, CA 93446

OFF-MARKET
Retail space
Property ID
US10-2428638
2,300 SF 0.07 ac lot Built 1958
Last sale Jun 2021 · $850,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 2,300 square foot storefront, located at 618 12th Street in Paso Robles, California, presents a unique investment opportunity. Situated on a 3,150 square foot lot just steps from City Park, this property boasts a highly desirable downtown location. The building, constructed in 1958, features floor-to-ceiling windows showcasing its prime frontage on 12th Street, attracting pedestrian traffic. Inside, you'll find updated flooring, modern track lighting, and an open floor plan ideal for a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$831k
Assessed land$391k
Assessed improvement$440k
Effective rate1.11%

Value estimate

· Oct 2026
$975k
$878k – $1.07M
AI approach$940k
CAP approach$575k
Submarket $/SF estimate$1.14M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$324/SF
County average, outlier-cleaned · 159 recorded sales of this use type
Observed band · Q1–Q3$193 – $494
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
TC1
JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.7
Laundromat8.4
Convenience Store8.3

Location

618 12th St Paso Robles, CA 93446-2203
County assessor Recorded deeds · not on file 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1501 Riverside, Paso Robles, CA 93446-1745 $850,000 Aug 2024 2,400 SF
1339 Riverside, Paso Robles, CA 93446-2643 $850,000 Aug 2024 3,069 SF
2816 Spg, Paso Robles, CA 93446-1256 $1,600,000 Aug 2023 3,245 SF
1140 Pne, Paso Robles, CA 93446-2521 $1,800,000 May 2023 2,500 SF
2244 Spg, Paso Robles, CA 93446-1456 $365,000 Nov 2022 1,967 SF
1910 Creston, Paso Robles, CA 93446-4488 $600,000 Dec 2021 2,348 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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