Highway Frontage Development
7100 Morro Road, Atascadero, CA 93422
For Sale
$293,250
Commercial land near Highway 101 with development potential.
Property SizeContact for details
Days on Market725
Property Features for 7100 Morro Road
General Information
Standard status
Property subtype
Listing Agency:
Max Zappas, Broker
Listed By:
Max Zappas · License CA #01997012
(805) 674-4743
Source:
Homeandranchsir
Added: Nov 15, 2024
Changed: Nov 5
Last Checked: Nov 8 at 3:37PM
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
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Investment Insights
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Located on 7100 Morro Road, this commercial land has frontage on Highway 41 with frontage improvements installed by CalTrans. The property is situated approximately 0.5 miles from Highway 101 and downtown Atascadero, with Paso Robles and San Luis Obispo both within a 20-minute drive. The location is approximately 3.5 to 4 hours by car from both the Bay Area and the Los Angeles area. The lot is currently zoned Commercial Professional (CP), but the City of Atascadero plans to change the zoning to Mixed Use (MU) to allow for more flexibility in development. The exact details of the planned zoning are yet to be finalized, with improved zoning changes expected in early 2025. Three companies have received offshore wind energy leases totaling $425 million to create wind farms and ancillary facilities in Morro Bay, which is a 20-minute drive from the property. This is a prime development opportunity that could include office, retail, commercial, and residential uses under current and future zoning. Traffic counts near Highway 101 and Morro Road are 61,000 AADT. Recent developments within a half mile include Chipotle, Jamba Juice/ATT, a 59 residential unit and 3 commercial office unit mixed-use project, and an office complex.
Key Highlights
- Prime development opportunity with strategic location near Highway 101 and Highway 41 and high traffic counts.
- Potential for increased development flexibility with planned zoning change to Mixed Use (MU) in early 2025.
- Close proximity to Paso Robles and San Luis Obispo (20‑minute drive), Bay Area and LA Area.
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Location Intelligence
Trade Area within ½ mile
1,015
Businesses Nearby
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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
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Market
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land near Highway 101 with development potential.
Where is this commercial land located?
The property is located at 7100 Morro Road Atascadero, CA.
What is the asking price?
The asking price for this property is $293,250.
What are key features of this property?
This property features: Prime development opportunity with strategic location near Highway 101 and Highway 41 and high traffic counts.; Potential for increased development flexibility with planned zoning change to Mixed Use (MU) in early 2025.; Close proximity to Paso Robles and San Luis Obispo (20‑minute drive), Bay Area and LA Area.
