Industrial Condo with Fenced
4785 Traffic Way B Atascadero, CA 93422
New
4785 Traffic Way B, Atascadero, CA, 93422
$425,000
For Sale
$425,000
Industrial condo unit with roll-up door access, 3-phase power, and a fenced yard with covered workspace.
Property Size1,500 SF
Price / SF$283.33
Days on Market5
Property Features for 4785 Traffic Way B
General Information
- Standard status
- Active
- Size
- 1,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1979
Listing agency
Max Zappas, Broker
(805) 792-7369
Listed by
Nichole Harris
(805) 792-7369
Source
Elliman
Added: Jul 17 Updated: Jul 20 at 10:06PM Checked: Jul 21 at 8:06AM
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 Max Zappas, Broker
Investment Insights
Based on property information with market context.
This industrial condo unit offers warehouse space with roll-up door access and 3-phase power. The property includes a fenced yard with a concrete slab and covered workspace, creating combined indoor and outdoor functional area. Showings are by appointment only, and occupants must not be disturbed.
The unit is located within a commercial complex in Atascadero and provides convenient access to Highway 101 for connectivity throughout the Central Coast and greater North County market. A seller leaseback is in place, creating an opportunity for immediate income following close of escrow.
Approximately a 1,500 SF warehouse portion is paired with approximately 2,700 SF of combined indoor and outdoor area, supporting flexible day-to-day industrial needs within a low-maintenance condo setup.
The unit is located within a commercial complex in Atascadero and provides convenient access to Highway 101 for connectivity throughout the Central Coast and greater North County market. A seller leaseback is in place, creating an opportunity for immediate income following close of escrow.
Approximately a 1,500 SF warehouse portion is paired with approximately 2,700 SF of combined indoor and outdoor area, supporting flexible day-to-day industrial needs within a low-maintenance condo setup.
Key Highlights
- Approx. 1,500 SF industrial condo unit built in 1979 with warehouse space and roll‑up door access
- 3‑phase power and functional combined indoor/outdoor area of approx. 2,700 SF
- Fenced yard with concrete slab plus covered workspace for added outdoor work area
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.7k | $13.80 |
| − Vacancy | −$683 | −$0.46 |
| EGI | $20.0k | $13.34 |
| − OpEx | −$3.0k | −$2.00 |
| NOI | $17.0k | $11.34 |
1,500 SF · lease $13.80/SF/yr · vacancy 3.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$243.1K
$212.7K – $283.6K
NOI $17,014 @ 7.0% cap · market cap 4.00%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$589.9K
$516.2K – $688.3K
NOI $41,295 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fuel Technologies International ...
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- Traffic Way Storage — 5395 Traffic Way, Atascadero, CA 93422
- Atascadero RV Storage — 4990 Traffic Way, Atascadero, CA 93422
- Stow-It Mini Storage — 5325 Traffic Way, Atascadero, CA 93422
FAQs
What type of property is this?
Warehouse - Industrial condo unit with roll-up door access, 3-phase power, and a fenced yard with covered workspace.
Where is this warehouse located?
The property is located at 4785 Traffic Way B Atascadero, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Approx. 1,500 SF industrial condo unit built in 1979 with warehouse space and roll‑up door access; 3‑phase power and functional combined indoor/outdoor area of approx. 2,700 SF; Fenced yard with concrete slab plus covered workspace for added outdoor work area
