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7100 Morro Rd - 7100 Morro Road 0.4 Acres of Commercial Land Offered at $331,000 in Atascadero, CA 93422
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $331,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.40 AC |
| Zoning | CP - Zoning is currently Commercial Professional(CP) but, per the City of Atascadero, they plan to change the zoning to Mixed Use(MU). | ||
| Price | $331,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.40 AC |
| Zoning | CP - Zoning is currently Commercial Professional(CP) but, per the City of Atascadero, they plan to change the zoning to Mixed Use(MU). |
1 LOT AVAILABLE
Lot
| Price | $331,000 | Lot Size | 0.40 AC |
| Price Per AC | $835,845.92 |
| Price | $331,000 |
| Price Per AC | $835,845.92 |
| Lot Size | 0.40 AC |
7100 Morro Road is a flat, rectangular lot located on Highway 41/Morro Road in Atascadero California. There are some natural trees and brush on the property but it is mostly cleared for future development.
DESCRIPTION
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 Annual Average Daily Traffic(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.
PROPERTY TAXES
| Parcel Number | 031-051-038 | Improvements Assessment | $0 |
| Land Assessment | $218,583 | Total Assessment | $218,583 |
PROPERTY TAXES
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7100 Morro Rd - 7100 Morro Road
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