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    170 Magenta Ln Nipomo, CA 93444

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    For Sale
    $1,299,000

    2.64 acres of commercial land available for retail use.

    Property size:
    114,998 SF
    Lot size:
    2.57 Acres

    Property Features for 170 Magenta Ln

    General Information

    Size
    114,998 SF
    Lot size
    2.57 Acres

    Source: San Luis Obispo County Realty Agent Kenneth B. Emmer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land For Sale

    This property features approximately 2.64 acres of land zoned for commercial retail use. Utilities are stubbed to the site.
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nipomo
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.488964
    Latitude
    35.035953

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    FAQs

    What type of property is this?
    Commercial land - 2.64 acres of commercial land available for retail use.
    Where is this commercial land located?
    The property is located at 170 Magenta Ln Nipomo, CA.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - ±2.64 Acres Available; - Zoned For Commercial Retail Use; - Utilities Are Stubbed To Site
    (805) 305-9662
    Request Owner's contact information
    170 Magenta Ln Nipomo, CA 93444
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    Nipomo, CA 93444
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    Realmo Value Estimation

    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.

    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.

    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
    170 Magenta Ln Nipomo, CA 93444
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