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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Mobile home & RV parks
6875 Riv Rd Paso Robles, CA 93446-7023
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0975588
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
2008
Construction
TYPE NOT SPECIFIED
Total area
2,704 SF
Lot
66.89 ac (2,913,728 SF)
Zoning code
AG
APN
026-105-002
UPID
US09-0975588
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
$750k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$562k
Blend (final)
Blend
$735k
Owner & transaction history
Glen R Hickerson · 4 yrs held
Glen R Hickerson
since 2021
Last sale
$695,000
5 recorded transactions
Zoning & alternative use
AG · 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
$795,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,140,000
Change: -11% · Conversion: Difficult
MEDICAL BUILDING
$1,110,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $695k (Sep 8 2021)
Last sale anchor
$695k
Sep 8 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
$272 / 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
$8,571
Tax year 2024
Assessed value
$801,152
Assessed 2024
Previous assessed
$801,152
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$295,371
Assessed improvement
$505,781
Applied tax rate
104.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
2008
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
2
Rooms
6
Bathrooms
2
Total area
2,704 SF
Lot
66.89 ac (2,913,728 SF)
Zoning code
AG
APN
026-105-002
UPID
US09-0975588
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
AG · Paso Robles, CA
Zoning AG · permitted uses
AG · 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
COMMERCIAL (GENERAL)
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.1M
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
2008
Construction
TYPE NOT SPECIFIED
Heating
NONE
Buildings
2
Rooms
6
Bathrooms
2
Lot
66.89 ac
Current owner
From public records · entity-resolved
Glen R Hickerson
Individual
Mailing address
6875 N RIV RD, PASO ROBLES, CA 93446-7023
Mailing matches property
Yes
Owner-occupied
Yes
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 8, 2021
—
Glen R Hickerson
Glen R Hickerson
Intrafamily Transfer
related
$465,000 · Wyndham Capital Mortgage INC
Oct 18, 2011
—
Hickerson G R & M A 2006 Trust
Hickerson,glen R & Melissa A
Quit Claim Deed
related
—
Sep 27, 2007
—
Glen R Hickerson
Glen R Hickerson
Intrafamily Transfer
related
$325,000 · Sesloc FCU
Mar 27, 2006
—
Hickerson G R & M A 2006 Trust
Hickerson,glen R & Melissa A
Quit Claim Deed
related
—
May 31, 2001
$695,000
Glen R Hickerson
Worthco INC
Grant Deed
$625,500 · World Savings 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.
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