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Adjacent Development Land Parcels
For Sale
$750,000

1188 Allesandro Street, Morro Bay, CA 93442

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

Property SizeContact for details
Days on Market102

Property Features for 1188 Allesandro Street

General Information

Standard status Active
Property subtype Commercial/Industrial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes
Listing Agency: Gold Group Realty
Listed By: April M. Noessel · License #02077149
Source: Exitrealty
Added: May 13 Changed: Aug 15 Last Checked: Aug 14 at 7:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gold Group Realty

Investment Insights

Based on property information with market context.

This offering includes two adjacent parcels with complementary development setups. One lot includes a demo-ready home with utilities already connected and is described as having medium-density zoning. The second lot is a vacant corner parcel with mixed-use zoning. Together, the configuration supports development plans that may include a custom residence, multi-unit project, or commercial space, depending on the buyer’s approach.

The properties are positioned just steps from Morro Bay State Park and minutes to the beach. Access is described as easy to Hwy 1, with nearby shops, dining, and coastal attractions.

The combination of an utilities-connected lot and a vacant corner lot provides flexibility for buyers looking to consolidate site development across both parcels.

Key Highlights

  • Two adjacent parcels near Morro Bay State Park, with demo‑ready home on one lot and a vacant corner lot on the other
  • Demo‑ready home has utilities connected and is located on a lot with medium‑density zoning
  • Vacant corner lot offers mixed‑use zoning

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tech Support Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 93442, CA

11,390
Population
6,537
Households
1.7
Avg Household Size
54
Median Age
45%
College-Educated
93%
High-School Grad
44.5 sq mi
ZIP Area
256
Density / Sq Mi
$92,163
Median Household Income
$50,651
Median Earnings
$1,815
Median Rent
$870,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent parcels include a demo-ready home with utilities and a vacant corner lot for mixed-use development.
Where is this residential land & home lot located?
The property is located at 1188 Allesandro Street Morro Bay, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two adjacent parcels near Morro Bay State Park, with demo‑ready home on one lot and a vacant corner lot on the other; Demo‑ready home has utilities connected and is located on a lot with medium‑density zoning; Vacant corner lot offers mixed‑use zoning
More about this property
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