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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$293,250

Est. payment - /mo

0.4 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SC24234391

Lot Size 0.396 Acres

Property Sub-Type Lots/Land

Property Description

7100 Morro Road has frontage on Highway 41 and brand new frontage improvements installed by CalTrans. The property is located .5 miles from Highway 101 and the flourishing Downtown Atascadero. Paso Robles and San Luis Obispo are both within a 20 minute drive of this location and Atascadero is located between the Bay Area and the LA Area about 3.5-4 hours from each by car. 3 companies have received offshore wind energy leases totaling $425 million dollars to create wind farms, ancillary facilities, and jobs to support their operations in Morro Bay which is a 20 min drive from this property. The lot is currently zoned Commercial Professional(CP) but, per the City of Atascadero, they plan to change the zoning to Mixed Use(MU) which should allow for more flexibility in what can be built. The exact details of that zoning are yet to be finalized but any Buyer should speak directly with the City of Atascadero to hear about the improved zoning changes that should be finalized in early 2025. With neighboring properties for sale as well, this is a prime development opportunity that could include office, retail, commercial, and residential uses under current zoning and future zoning. Traffic counts nearby at Highway 101 and Morro Road are 61,000 AADT. Recent developments within a half mile include Chipotle, Jamba Juice/ATT, 59 residential unit and 3 commercial office unit mixed-use project, and an office complex.

Location

State CA

County San Luis Obispo

Direction Head towards Morro Road (Highway 41) in Atascadero and drive west or east, depending on your starting point. 7100 Morro Road is

Interior

Fireplace No

Exterior

View Y/N No

Others

Senior Community No

Tax ID 031051038

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Max Zappas, DRE#01997012 Max Zappas, Broker

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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7100 Morro Atascadero, CA 93422