Ground-Floor Office
For Sale
Contact for pricing
5735 El Camino Real #I, Atascadero, CA 93422
The multi-room interior combines carpeted work areas with a rear room featuring a built-in counter.
Property Size543 SF
Price / SF$1.25
Days on Market18
Property Features for 5735 El Camino Real #I
General Information
Standard status
Active
Size
543 SF
Property subtype
Office
Additional Details
Floor
Ground Floor
Property Use
Office/Retail
Amenities
glass storefront door
large front windows
covered walkway with accessible ramp
built-in counter
drop ceiling
Building Details
Tenancy
Multi
Listing Agency:
Peak Properties
(805) 592-2226
Listed By:
Gary Stevenson · License #01453050
Source:
Lugobros
Added: Oct 14
Changed: Oct 28
Last Checked: Oct 28 at 1:41PM
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 Peak Properties
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 543-square-foot ground-floor office suite is located in Virgia Plaza, a multi-tenant center on El Camino Real. Its interior has three rooms: two with carpet and a rear space with wood-look parquet flooring, a half-wall divider and built-in counter. A drop ceiling runs throughout.
The storefront has a glass entry and large front windows facing a covered walkway. An accessible ramp serves the walkway, and parking is available on site.
The storefront has a glass entry and large front windows facing a covered walkway. An accessible ramp serves the walkway, and parking is available on site.
Key Highlights
- 543‑square‑foot ground‑floor suite in Virgia Plaza
- Three rooms include two carpeted areas and a rear room with wood‑look parquet flooring
- Rear room has a half‑wall partition and built‑in counter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,106
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,120
$202.1K
Cap Rate 7%
$144,371
$144.4K
Cap Rate 9%
$112,289
$112.3K
Market Conditions
NOI Build-Up for 543 SF
Gross rent
$14.3K $26.40/SF
− Vacancy
−$860 −$1.58/SF
EGI
$13.5K $24.82/SF
− OpEx
−$3.4K −$6.20/SF
NOI
$10.1K $18.61/SF
Area
San Luis Obispo County, CA
Vacancy
6.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,120
Cap Rate 7%
$144,371
Cap Rate 9%
$112,289
Alternative Uses
Best Use
Office B
$144.4K
$126.3K – $168.4K
NOI $10,106 @ 7.0% cap · market cap 1,490.56%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$213.6K
$186.9K – $249.2K
NOI $14,949 @ 7.0% cap · market cap 2,204.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,009
Businesses Nearby
Explore this area
Business Placement
Demographics for 93422, CA
33,041
Population
13,702
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
68.8 sq mi
ZIP Area
480
Density / Sq Mi
$89,916
Median Household Income
$46,939
Median Earnings
$1,841
Median Rent
$692,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The multi-room interior combines carpeted work areas with a rear room featuring a built-in counter.
Where is this office unit located?
The property is located at 5735 El Camino Real #I Atascadero, CA.
What are key features of this property?
This property features: 543‑square‑foot ground‑floor suite in Virgia Plaza; Three rooms include two carpeted areas and a rear room with wood‑look parquet flooring; Rear room has a half‑wall partition and built‑in counter
