Office Condo with Two Private
3540 El Camino Real Atascadero, CA 93422
For Sale
$139,000
Office condo offering two private offices, a flexible entrance area, and an in-unit private bathroom.
Property Size600 SF
Price / SF$231.67
Days on Market10
Property Features for 3540 El Camino Real
General Information
Standard status
Active
Size
600 SF
Property subtype
General Commercial
Building Details
Year Built
1985
Listing Agency:
(310) 559-5570
Listed By:
Estate Properties
Source:
Xome
Added: Jul 20
Changed: Jul 27
Last Checked: Jul 29 at 4:20AM
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 Estate Properties
Investment Insights
Based on property information with market context.
This office condo within Colony Business Park includes two private office spaces, plus a spacious entrance area that can support a variety of workplace layouts. The unit also features an in-unit private bathroom. Reported upgrades include a newer heating and cooling system and a brand-new roof installed in 2022.
Located in North Atascadero, the property is within a professional business hub described as being anchored by Kennedy Club Fitness. The listing also notes convenient parking for occupants.
HOA dues are reported at $96 per month. The offering is for sale.
Located in North Atascadero, the property is within a professional business hub described as being anchored by Kennedy Club Fitness. The listing also notes convenient parking for occupants.
HOA dues are reported at $96 per month. The offering is for sale.
Key Highlights
- 600‑square‑foot office condo in Colony Business Park (North Atascadero)
- Features two private office spaces plus a spacious entrance area with flexible use
- Includes an in‑unit private bathroom
Financial Insights For Office B
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 | $15.8k | $26.40 |
| − Vacancy | −$950 | −$1.58 |
| EGI | $14.9k | $24.82 |
| − OpEx | −$3.7k | −$6.20 |
| NOI | $11.2k | $18.61 |
600 SF · lease $26.40/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$159.5K
$139.6K – $186.1K
NOI $11,167 @ 7.0% cap · market cap 8.03%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$236.0K
$206.5K – $275.3K
NOI $16,518 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office condo offering two private offices, a flexible entrance area, and an in-unit private bathroom.
Where is this office units located?
The property is located at 3540 El Camino Real Atascadero, CA.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: 600‑square‑foot office condo in Colony Business Park (North Atascadero); Features two private office spaces plus a spacious entrance area with flexible use; Includes an in‑unit private bathroom
