Industrial Condo with Fenced
B-4785 Traffic Way Atascadero, CA 93422
B-4785 Traffic Way, Atascadero, CA, 93422
$425,000
For Sale
$425,000
Industrial condo includes warehouse area, roll-up door access, 3-phase power, and a fenced yard with slab.
Property Size1,500 SF
Price / SF$283.33
Days on Market8
Property Features for B-4785 Traffic Way
General Information
- Standard status
- Active
- Size
- 1,500 SF
Listing agency
Max Zappas, Broker
(805) 792-7369
Listed by
Nichole Harris
(805) 792-7369
Source
Exprealty
Added: Jul 14 Updated: Jul 21 at 7:30AM Checked: Jul 21 at 7:30AM
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
Investment Insights
Based on property information with market context.
This approximately 1,500± SF industrial condo unit offers warehouse space with roll-up door access, along with 3-phase power. A fenced yard with a concrete slab and covered workspace adds practical outdoor utility, providing approximately 2,700± SF of combined indoor and outdoor functional area. Showings are by appointment only; please do not disturb occupants.
Located in one of Atascadero’s commercial complexes, the property has convenient access to Highway 101 for connectivity across the Central Coast and greater North County market. The sale includes a seller leaseback, providing the potential for immediate income following close of escrow.
Located in one of Atascadero’s commercial complexes, the property has convenient access to Highway 101 for connectivity across the Central Coast and greater North County market. The sale includes a seller leaseback, providing the potential for immediate income following close of escrow.
Key Highlights
- ~1,500 SF industrial condo with warehouse space and roll‑up door access
- 3‑phase power and functional layout designed for industrial use
- Fenced yard with concrete slab plus covered workspace for indoor/outdoor operations (~2,700 SF combined)
Local Financial Insights For Flex RnD
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 | $30.1k | $20.04 |
| − Vacancy | −$1.4k | −$0.96 |
| EGI | $28.6k | $19.08 |
| − OpEx | −$10.0k | −$6.68 |
| NOI | $18.6k | $12.40 |
1,500 SF · lease $20.04/SF/yr · vacancy 4.80% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$265.7K
$232.5K – $310.0K
NOI $18,601 @ 7.0% cap · market cap 4.38%
Second Best
Warehouse
$243.1K
$212.7K – $283.6K
NOI $17,014 @ 7.0% cap · market cap 4.00%
Theoretical Best
Healthcare Medical
$589.9K
$516.2K – $688.3K
NOI $41,295 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Atascadero RV Storage — 4990 Traffic Way, Atascadero, CA 93422
FAQs
What type of property is this?
Warehouse - Industrial condo includes warehouse area, roll-up door access, 3-phase power, and a fenced yard with slab.
Where is this warehouse located?
The property is located at B-4785 Traffic Way Atascadero, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: ~1,500 SF industrial condo with warehouse space and roll‑up door access; 3‑phase power and functional layout designed for industrial use; Fenced yard with concrete slab plus covered workspace for indoor/outdoor operations (~2,700 SF combined)
