Development-Ready Apartment
For Sale
Contact for pricing
549 Hill St, Nipomo, CA 93444
Entitled land previously approved for a 70+ unit hotel, now designed for 38–40 apartments pending Conditional Use Permit.
Property SizeContact for details
Lot Size1.16 Acres
Days on Market853
Property Features for 549 Hill St
General Information
Standard status
Active
Lot size
1.16 Acres
Property subtype
LAND
Listing Agency:
Lee & Associates | San Luis Obispo
(805) 962-6700
Listed By:
Steve Relth · License #00674642
(619) 517-6429
Source:
Moodyscre
Added: Jun 27, 2024
Changed: Oct 25
Last Checked: Oct 26 at 2:25PM
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 Lee & Associates | San Luis Obispo
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1.16-acre parcel has prior approval for a 70+ unit hotel and a current site design for 38–40 apartments, ready for Conditional Use Permit approval. The property is being positioned for residential development consistent with the latest proposed configuration.
The site is located across Hill Street from Grocery Outlet, Tractor Supply, Wendy’s, and O’Reilly’s auto parts. The parcel sits south of Tefft and just west of Frontage Road.
For buyers or developers looking for a land asset with documented planning history and an active apartment development path, this property offers a clear starting point toward the next approval step.
The site is located across Hill Street from Grocery Outlet, Tractor Supply, Wendy’s, and O’Reilly’s auto parts. The parcel sits south of Tefft and just west of Frontage Road.
For buyers or developers looking for a land asset with documented planning history and an active apartment development path, this property offers a clear starting point toward the next approval step.
Key Highlights
- 1.16‑acre entitled development site across Hill Street from Grocery Outlet, Tractor Supply, Wendy’s, and O’Reilly’s auto parts
- Previously approved for a 70+ unit hotel; current design is for 38–40 apartments
- Current plan is ready for Conditional Use Permit approval
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Location Intelligence
Trade Area within ½ mile
390
Businesses Nearby
Explore this area
Business Placement
Demographics for 93444, CA
22,293
Population
8,406
Households
2.7
Avg Household Size
45
Median Age
34%
College-Educated
87%
High-School Grad
65.4 sq mi
ZIP Area
341
Density / Sq Mi
$105,655
Median Household Income
$44,920
Median Earnings
$2,034
Median Rent
$746,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Entitled land previously approved for a 70+ unit hotel, now designed for 38–40 apartments pending Conditional Use Permit.
Where is this residential land & home lot located?
The property is located at 549 Hill St Nipomo, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: 1.16‑acre entitled development site across Hill Street from Grocery Outlet, Tractor Supply, Wendy’s, and O’Reilly’s auto parts; Previously approved for a 70+ unit hotel; current design is for 38–40 apartments; Current plan is ready for Conditional Use Permit approval
