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Adjacent Development Land Parcels
For Sale
$750,000

1188 Allesandro Street, Morro Bay, CA 93442

Two adjacent parcels are offered for sale, including a demo-ready home with utilities and a vacant corner lot.

Property SizeContact for details
Days on Market206

Property Features for 1188 Allesandro Street

General Information

Standard status Active
Property subtype Land / Industrial
Zoning Industrial

Amenities

false
Electric Available
0.0
Listing Agency: Gold Group Realty
Listed By: April Noessel · License #02077149
Source: Compass
Added: Apr 5 Changed: Oct 25 Last Checked: Oct 26 at 7:32PM

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

Rey
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Investment Insights

Based on property information with market context.

This offering includes two adjacent parcels with complementary development characteristics. One lot features a demo-ready home with utilities already connected. The second parcel is a vacant corner lot.

The properties are located just steps from Morro Bay State Park and minutes to the beach. The area provides convenient access to Hwy 1 and is close to shops, dining, and coastal attractions.

The first parcel is described as having medium-density zoning, while the vacant corner lot is described as having mixed-use zoning. The configuration supports a range of possibilities, including building a custom home, a multi-unit project, or commercial space, depending on the intended use and entitlement outcome.

Key Highlights

  • Two adjacent parcels for sale, including a demo‑ready home and a vacant corner lot
  • One parcel includes a demo‑ready home with utilities already connected
  • One parcel is zoned for medium density

Property Analytics

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Open Analytics

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent parcels are offered for sale, including a demo-ready home with utilities and a vacant corner lot.
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 for sale, including a demo‑ready home and a vacant corner lot; One parcel includes a demo‑ready home with utilities already connected; One parcel is zoned for medium density
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