Two-Building Mixed-Use
For Sale
$1,925,000
7485 El Camino Real, Atascadero, CA 93422
Commercial Sale, Atascadero, CA
Property Size12,468 SF
Lot Size0.87 Acres
Price / SF$154.40
Days on Market72
Property Features for 7485 El Camino Real
General Information
Property type
Commercial Sale
Property subtype
Retail
Directions
From Highway 101 exit to El Camino Real. Address 7485 El Camino Real, Atascadero, CA.
Subdivision
ATSC - Atascadero
Standard status
Active
APN
030121039
Lot size
0.87 Acres
Additional Details
Mixed-Use Components
retail, professional services
Building Details
Buildings
2
Listing Agency:
Coldwell Banker Commercial Rea · Coldwell Banker Real Estate
Listed By:
James Nagorski · License #02248064
(760) 684-8000
Added: Aug 25
Changed: Nov 2
Last Checked: Nov 4 at 2:06PM
MLS# HD26188010
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property comprises two buildings totaling 12,468 SF: one with 8,000 SF and another with 4,468 SF. Both are used for retail and professional services. Interior features include open areas and five restrooms, and the site has parking. The parcel is 0.87 acres and carries CR zoning.
Frontage is on El Camino Real, with access to Highway 101. The two-building configuration and open interior areas provide the physical framework for the property’s existing commercial uses.
Frontage is on El Camino Real, with access to Highway 101. The two-building configuration and open interior areas provide the physical framework for the property’s existing commercial uses.
Key Highlights
- Two buildings total 12,468 SF: 8,000 SF and 4,468 SF
- 0.87‑acre parcel with CR zoning
- Retail and professional‑services uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,135
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,842,700
$2.8M
Cap Rate 7%
$2,030,500
$2.0M
Cap Rate 9%
$1,579,278
$1.6M
Market Conditions
NOI Build-Up for 12,468 SF
Gross rent
$239.4K $19.20/SF
− Vacancy
−$12.0K −$0.96/SF
EGI
$227.4K $18.24/SF
− OpEx
−$85.3K −$6.84/SF
NOI
$142.1K $11.40/SF
Area
San Luis Obispo County, CA
Vacancy
5.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,842,700
Cap Rate 7%
$2,030,500
Cap Rate 9%
$1,579,278
Alternative Uses
Best Use
Retail
$2.89M
$2.53M – $3.38M
NOI $202,550 @ 7.0% cap · market cap 10.52%
Second Best
Mixed Use
$2.03M
$1.78M – $2.37M
NOI $142,135 @ 7.0% cap · market cap 7.38%
Theoretical Best
Healthcare Medical
$4.90M
$4.29M – $5.72M
NOI $343,243 @ 7.0% cap · market cap 17.83%
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
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,110
Businesses Nearby
238k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Dining 30%
Shops & Services 30%
Apparel 3%
VONS
Groceries
39,808 visits/mo
0.4 miles
Food 4 Less
Groceries
25,638 visits/mo
0.5 miles
McDonald's
Dining
24,306 visits/mo
0.5 miles
Smart & Final
Groceries
21,843 visits/mo
0.4 miles
76
Shops & Services
17,843 visits/mo
0.4 miles
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 Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail and professional-service buildings sit on a 0.87-acre parcel with CR zoning.
Where is this mixed-use property located?
The property is located at 7485 El Camino Real Atascadero, CA.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: Two buildings total 12,468 SF: 8,000 SF and 4,468 SF; 0.87‑acre parcel with CR zoning; Retail and professional‑services uses
