Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    670 Sequoia Ct Morro Bay, CA 93442

    View on Map
    Sponsored
    For Sale
    $550,000

    Land/Lot - Morro Bay, CA

    Lot size:
    20,038.00 Acres
    Days on Market:
    48
    Last Refresh:
    Mar 11 at 1:06 pm

    Property Features for 670 Sequoia Ct

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    065150015
    Exterior features
    Community Features Included: Biking, Curbs, Street Lights
    Lot size
    20,038.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Ken Ardouin
    Ken Ardouin

    Del Oro Properties Inc. (805) 781-8101

    Listing agent Ken Ardouin (805) 781-8101 License #01275136

    Listing date Jan 22, 2026

    MLS# SC25192365 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Morro Bay Land with Views

    Located at 670 Sequoia Court in Morro Bay, this residential land offers a unique opportunity to own a piece of the Central Coast. The nearly half-acre lot is situated on a cul-de-sac street, providing easy access and space between surrounding properties. The location offers a rural feel that is uncommon in the coastal neighborhoods of Morro Bay. The property has completed Soil Engineering Report, Engineering Geology Report, Environmental Report and Topographic Survey. Preliminary plans are available for a custom-built home that can be designed to specific requirements. The lot offers views and outdoor space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morro Bay
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.8548087
    Latitude
    35.398011

    Nearby Similar for Sale

    • $1,149,000

      Commercial Property in High-Traffic Area

      2,322 SF building on 17,860 SF lot in Morro Bay.
      1150 Main St, Morro Bay, CA 93442
      View Details
    • $434,000

      Atascadero Rd Specialty Property

      Specialty property available for sale in Morro Bay, CA.
      500 Atascadero Rd, Morro Bay, CA 93442
      View Details
    • $719,000

      Morro Bay Storefront Opportunity

      Versatile property near Morro Rock, suitable for various uses.
      1260 Main St, Morro Bay, CA 93442
      View Details
    • $389,500

      Morro Bay 55+ Community Home

      Relaxing retreat near Morro Bay waterfront and outdoor adventures.
      1537 White Pine Dr, Morro Bay, CA 93442
      View Details
    • $15,500,000

      Central Coast Avocado Ranch

      350-acre avocado ranch with multiple income streams.
      1800 Atascadero Rd, Morro Bay, CA 93442
      View Details
    • $1,075,000

      Morro Bay Development Opportunity

      Duplex with approved plans for a third unit.
      260 Pacific St, Morro Bay, CA 93442
      View Details
    • $115,000

      Morro Bay Mobile Home

      Single wide mobile home with panoramic views in Morro Bay.
      475 S Bay Blvd, Morro Bay, CA 93442
      View Details
    • $479,000
      1,409 SF

      Prime Commercial Property Morro Bay

      Exceptional commercial property in a picturesque coastal town.
      781 Harbor St, Morro Bay, CA 93442
      View Details
    • Contact for pricing

      Established Commercial Property For Sale

      Commercial property with consistent rental income in a high-traffic location.
      1150 Main St, Morro Bay, CA 93442
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Rare nearly half acre lot with incredible views.
    Where is this residential land & home lot located?
    The property is located at 670 Sequoia Ct Morro Bay, CA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Nearly half-acre lot with INCREDIBLE VIEWS.; - Preliminary plans available for a custom-built home.; - All reports completed: Soil Engineering, Engineering Geology, Environmental, and Topographic Survey.
    (805) 455-7884
    Request Owner's contact information
    670 Sequoia Ct Morro Bay, CA 93442
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    670 Sequoia Ct
    Morro Bay, CA 93442
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    670 Sequoia Ct Morro Bay, CA 93442
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ken Ardouin
    Ken Ardouin
    Real Estate License ID: 01275136
    (805) 455-7884 (805) 781-8101
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!