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Property profile & analytics
FOR SALE
Office Spaces
935 Riverside Ave 24 Paso Robles, CA 93446
Individually Owned
15-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1306351
For Sale
1 / 17
$212,500
935 Riverside Ave,Unit 24, Paso Robles, CA 93446
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1979
Construction
STEEL FRAME
Total area
800 SF
Lot
1.32 ac (57,499 SF)
Zoning code
M
APN
009-331-055
UPID
US09-1306351
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
Joseph B Pahler · 15 yrs held
Joseph B Pahler
since 2010
5 recorded transactions
Zoning & alternative use
M · 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
$1,292
Tax year 2024
Assessed value
$116,171
Assessed 2024
Previous assessed
$116,171
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$43,954
Assessed improvement
$72,217
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
For Sale
Year built
1979
Construction
STEEL FRAME
Heating
NONE
Total area
800 SF
Lot
1.32 ac (57,499 SF)
Zoning code
M
APN
009-331-055
UPID
US09-1306351
Jurisdiction
SAN LUIS OBISPO
Zoning & alternative use
M · Paso Robles, CA
Zoning M · permitted uses
M · 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
1979
Construction
STEEL FRAME
Heating
NONE
Lot
1.32 ac
Current owner
From public records · entity-resolved
Joseph B Pahler
Individual
Mailing address
2275 LARKFIELD PL, PASO ROBLES, CA 93446-6410
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Oct 21, 2010
$92,500
Joseph B Pahler
Cephas Investments LLC
Grant Deed
$46,250 · Joseph B & Jeanette L Pahler
Mar 16, 2007
—
Cephas Investments LLC
Lopez,pedro S
Grant Deed
related
—
May 16, 2000
—
Pedro S Lopez
Lopez,esteban S & Guadalupe
Quit Claim Deed
related
—
Dec 26, 1989
$13,000
Pedro S Lopez
Mei Hsu Co
Grant Deed
—
—
—
Pedro S Lopez
—
Deed Of Trust
related
$10,500 · Individual
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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