Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Assisted living facilities
721 Pne St Paso Robles, CA 93446-2857
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US09-5184859
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2015
Construction
WOOD
Total area
10,856 SF
Lot
0.48 ac (21,000 SF)
Zoning code
C3
APN
009-203-020
UPID
US09-5184859
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
$495k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$963k
Blend (final)
Blend
$730k
Owner & transaction history
Pine Lodge LLC · 11 yrs held
Pine Lodge LLC
since 2014
7 recorded transactions
Zoning & alternative use
C3 · Paso Robles, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Encourages a mix of commercial, residential, and compatible uses in a unified development pattern
Zone name
Commercial And Light Industrial
General category
INDUSTRIAL
Zone area
325.89 ac
Source
Realmo
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
by Request
ML approach
$495,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,110,000
Change: -13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,075,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$730k
Range $657k – $803k · ±10%
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
$67 / 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
$25,983
Tax year 2024
Assessed value
$2,337,110
Assessed 2024
Previous assessed
$2,337,110
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$510,772
Assessed improvement
$1,826,338
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2015
Construction
WOOD
Heating
NONE
Bathrooms
15
Total area
10,856 SF
Lot
0.48 ac (21,000 SF)
Zoning code
C3
APN
009-203-020
UPID
US09-5184859
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
C3 · Paso Robles, CAZoning 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
Zoning description
Encourages a mix of commercial, residential, and compatible uses in a unified development pattern
Zone name
Commercial And Light Industrial
General category
INDUSTRIAL
Zone area
325.89 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
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
2015
Construction
WOOD
Heating
NONE
Bathrooms
15
Lot
0.48 ac
Current owner
From public records · entity-resolved
Pine Lodge LLC
Entity
Mailing address
PO BOX 3029, PASO ROBLES, CA 93447-3029
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2021
—
Pine Lodge LLC
—
Deed
related
$875,000 · American River Bank
Sep 24, 2014
—
Pine Lodge LLC
Tucker Family Trust
Grant Deed
related
$1,030,403 · Heritage Oaks Bk
Sep 17, 2013
$425,000
Gary D Tucker
Nwk1 INC
Grant Deed
$276,250 · Heritage Oaks Bank
Nov 19, 2009
$745,774
Nwk1 INC
Wt Capital Lender Services
Trustees Deed
—
Jun 13, 2008
—
Pine Street Lofts LLC
Ostrander,william J & Brenda K
Quit Claim Deed
related
—
May 22, 2008
—
Ostrander Family Trust
Ostrander,william J & Brenda K
Quit Claim Deed
related
—
Mar 1, 2006
—
Gilson,robert & Sherry
Rsgilly LLC
Grant Deed
$315,000 · Countrywide Hm Lns
Nov 29, 2005
$225,000
Marshall,david & Becky
Rsgilly LLC
Grant Deed
—
Sep 2, 2005
$450,000
Rsgilly LLC
Cameron T H JR & V E Trust
Grant Deed
$225,000 · Cameron T H JR & V E Trust
Sep 2, 2005
—
Cameron,virginia E
Cameron,thomas H JR
Affidavit Of Death
related
—
Jan 10, 2005
—
Cameron,t H JR & V E Trust
Cameron,thomas H
Quit Claim Deed
related
—
—
—
Pine Lodge LLC
—
Deed Of Trust
related
$682,000 · Coastal Busn Fin
—
—
Pine Lodge LLC
—
Deed Of Trust
related
$682,000 · Coastal Busn Fin
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 721 Pne St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
