Property profile

9955 El Camino Real Atascadero, CA 93422

FOR SALE
Retail space
Property ID
US10-3286133
0.07 ac lot
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2,870 square foot freestanding commercial condo building is situated in the desirable Hawkins Plaza in Atascadero, California. Boasting a prime location on El Camino Real, this property offers excellent visibility and accessibility. Currently leased to two separate businesses, the building features a thoughtfully designed layout including a front counter area, two bathrooms (one with a shower), a dedicated office space, and two convenient storerooms. A permitted partition allows for flexible use and potential for multiple tenants. The building benefits from abundant natural light, creating a bright and inviting atmosphere for both employees and customers. Hawkins Plaza provides ample parking for patrons and employees, enhancing the overall convenience and appeal of this property. The 0.07-acre lot ensures ample space for the building and potential future expansion. This is a rare opportunity to acquire a well-maintained, high-visibility retail space in a thriving Atascadero location. The asking price is $975,000. This is not your average commercial building

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.07 ac (3,049 SF)
Zoning code CN
APN 030-466-019
UPID US10-3286133

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Florist

Location

9955 El Camino Real Atascadero, CA 93422
Atascadero metro Census 12503 SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$450k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$490k

Owner & transaction history

since 2021
Last sale
$429,000
7 recorded transactions
2021
Price N/A
2004
$429,000
1993
$287,500
1992
Price N/A
1991
$250,000
1990
$112,500
1990
$225,000

Zoning & alternative use

CN · Atascadero, CA
Zoning description

.310 Intent. § 9-3.320 Purposes of the nonresidential zoning districts. § 9-3.330 Nonresidential district allowable land uses. § 9-3.331 Mixed-use residential density. § 9-3.340 Property development standards. § 9-3.341…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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