Morro Bay, CA Land for Sale

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Los Osos, CA Cayucos, CA San Luis Obispo, CA Atascadero, CA Templeton, CA Santa Margarita, CA Avila Beach, CA Paso Robles, CA

19 properties

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Updated: Jul 1

Neighborhood Commercial Land

310 Bonita, Morro Bay, CA 93442

$450,000

0.16 AC lot

Two vacant parcels included together
0.16 acres total land area
NC zoning, identified as Neighborhood Commercial
Street‑to‑street parcel configuration
No utility hookups included with the property

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Updated: May 6

Ready-to-Build Morro Bay View Lot

563 Zanzibar, Morro Bay, CA 93442

$369,000

0.06 AC lot

Shovel‑ready lot with permit in‑hand and all fees paid, allowing immediate construction.
Approved plans for a custom 1,880 sq ft, 3‑bedroom, 2.5‑bath, 2‑car garage home.
Rare Morro Bay view lot with sunset views of Morro Rock and the ocean from the second story.**
Prime residential lot in a desirable Central Coast location.
Easy access to the beach, Morro Bay, Cayucos, and Hwy 1.

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Corner Residential Building Lot

497 Oahu Street, Morro Bay, CA 93442

$275,000

0.06 AC lot

Corner lot with elevated setting and ocean views; utilities are available on site.

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See what stands out in San Luis Obispo County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Ready-to-Build Morro Bay View Lot

563 Zanzibar, Morro Bay, CA 93442

$369,000

1,880 sqft 0.06 AC lot

Shovel-ready lot with permit in-hand for immediate construction.

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Morro Bay Land with Views

670 Sequoia Court, Morro Bay, CA 93442

$475,000

0.46 AC lot

Rare nearly half acre lot with incredible views in Morro Bay.

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Vacant Residential Lot with Ocean Views

2900 Alder Avenue, Morro Bay, CA 93442

$395,000

0.14 AC lot

R1-zoned vacant lot in Morro Bay offering ocean and Morro Rock views near the beach and local amenities.

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Land, Morro Bay, CA

591 Dawson, Morro Bay, CA 93442

$325,000

0.06 AC lot

Land · 0.06 Acres

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Residential Development Land for Five Units

541 Atascadero, Morro Bay, CA 93442

$799,000

0.21 AC lot

Land is permitted for a five-unit project with final permits in place and the site ready for breaking ground.

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Commercial Land with Beach Front

Atascadero Road, Morro Bay, CA 93442

$3,900,000

3.73 AC lot

CVS-zoned commercial land with beach frontage and public water service in Morro Bay.

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Commercial Development Land with Mixed-Use Zoning

1151 Main, Morro Bay, CA 93442

$328,900

Flexible mixed-use-zoned commercial lot with access to Highway 1 and located about three blocks from the Embarcadero.

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Morro Bay Commercial Land

830 Embarcadero, Morro Bay, CA 93442

$4,400,000

0.13 AC lot

Commercial land available in Morro Bay, California.

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Adjacent Development Land Parcels

1188 Allesandro St, Morro Bay, CA 93442

$750,000

Two adjacent parcels include a demo-ready home with utilities and a vacant corner lot for mixed-use development.

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Vacant Land Parcel with Ocean Views

2900 Alder Avenue, Morro Bay, CA 93442

$395,000

6,000.00 AC lot

Vacant lot near the beach with ocean and Morro Rock views for residential development opportunities.

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Vacant Residential Lot with Views

731 Butte Ave, Morro Bay, CA 93442

$289,500

Vacant residential lot offers notable depth and potential views of Morro Rock and possibly the sea from a second story.

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Coastal Land in Morro Bay

Morro Bay, Morro Bay, CA 93402

$1,900,000

Unique coastal property for environmental mitigation or habitat preservation.

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Land/Lot

210 Verdon, Morro Bay, CA 93442

$875,000

Residential land & home lots

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Land For Sale

0 Atascadero Rd, Morro Bay, CA 93442

$3,900,000

3.73 AC lot

Land available for purchase.

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Ranch with Cattle and Recreation

2440 Little Morro Creek Road, Morro Bay, CA 93442

Contact for pricing

Large ranch property positioned near the Pacific with stated cattle and recreational use potential.

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Land Lot

670 Sequoia Court, Morro Bay, CA 93442

$475,000

Residential land & home lots

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 19 Active Listings in Morro Bay, CA, we suggest to view alternatives - similar 53 Off-Market properties to explore as potential leads.

Off-Market Properties in Morro Bay, CA

Consider similar Off-Market properties in Morro Bay, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

VACANT COMMERCIAL LAND

1151 Main St, Morro Bay, CA 93442-2005

Estimated value:

$250,000

0.16 AC lot

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VACANT COMMERCIAL LAND

65th St, Morro Bay, CA 93442

Estimated value:

$280,000

1.62 AC lot

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VACANT COMMERCIAL LAND

65th St, Morro Bay, CA 93442

Estimated value:

$300,000

2.11 AC lot

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INDUSTRIAL - VACANT LAND

101 Little Morro Crk Rd, Morro Bay, CA 93442

Estimated value:

$80,000

884 sqft 0.30 AC lot

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VACANT COMMERCIAL LAND

490 Atascadero Rd, Morro Bay, CA 93442-1604

Estimated value:

$465,000

0.69 AC lot

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Morro Bay, CA Land Market Trends and Statistics

Explore 72 land for sale in Morro Bay, CA, showcased through 19 active listings on our real estate platform. These investment opportunities span a total of 261,742,827 square feet of properties for sale, with an estimated market value of $20,670,400.

Sale prices for lots in Morro Bay, CA start at $275,000, averaging $1,148,355, and reaching up to $4,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 11K

Population Growth (5Y) +3.3%

Median Household Income $92,163

College Educated 32.2%

High-Yield Neighborhoods for Investment

Identify Morro Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Morro Bay - 93442	$1.7M
Los Osos - 93402	$1.9M

Taxes & Financing

Tax Rate (average for all types) 1.11%

Property Tax per SF $12.55 per SF

Tax Rate vs County Average 0.02 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in San Luis Obispo County

New Delisted

Total CRE Inventory on Market (SF)

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