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    Morro Bay, CA
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    Morro Bay, CA Waterfront Land for Sale

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    Los Osos, CA Cayucos, CA Atascadero, CA Templeton, CA San Luis Obispo, CA Harmony, CA Santa Margarita, CA Avila Beach, CA
    Oceanfront Commercial Visitor Land
    Updated: Aug 1, 2023
    Oceanfront Commercial Visitor Land

    Atascadero Road, Morro Bay, CA 93442

    $3,900,000
    3.73 AC lot
    Beach front land with 3.73 acres fronting Morro Bay sand dunes and a 3‑mile beach strand
    Zoned for commercial visitor use with potential for uses including a hotel complex, ocean institute/visitor center, or RV park & storage
    Public water available
    2001 biological and wetland assessment report indicates extensive coverage of scrub willow trees and ice plants
    City of Morro Bay requires an updated report, a soil report, and plans to apply for a building permit
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    Waterfront Leased Investment Opportunity
    Updated: Mar 12
    Waterfront Leased Investment Opportunity

    901 Embarcadero, Morro Bay, CA 93442

    $2,200,000
    6,000 sqft
    Waterfront location on the Embarcadero in Morro Bay, CA
    Leased investment property with 100% occupancy
    Approximately 7,150 SF building size
    34 years remaining on the lease
    Multi‑tenant property
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    Oceanfront Ranch Land
    Oceanfront Ranch Land

    5010 Cabrillo Hwy, Morro Bay, CA 93442

    Contact for pricing

    Oceanfront and inland ranch acreage with a main residence, mobile home farmsteads, and coastal frontage.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Morro Bay, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Waterfront Land Lot for Custom Home
    Waterfront Land Lot for Custom Home

    1312 Oceanaire Drive, San Luis Obispo, CA 93405

    $649,000

    Vacant waterfront lot with unobstructed Laguna Lake and Seven Sisters mountain views, surrounded by established homes.

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    Waterfront Vacant Land Lot
    Waterfront Vacant Land Lot

    1312 Oceanaire DR, San Luis Obispo, CA 93405

    $699,000

    Vacant waterfront lot with views of Laguna Lake and Seven Sisters mountains, located among established homes.

    View details
    Triple Ocean View Residential Lots
    Triple Ocean View Residential Lots

    1970 Emmons Road, Cambria, CA 93428

    $100,000
    0.12 AC lot

    Three adjoining lots offer panoramic ocean views and ample open space near the beach in a low-traffic setting.

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    Ocean View Triple Lot Land
    Ocean View Triple Lot Land

    1970 Emmons Rd, Cambria, CA 93428

    $100,000

    Panoramic ocean view triple lot offers wide-open space near the beach with a 75' x 70' footprint.

    View details

    Morro Bay, CA Waterfront Land Market Trends and Statistics

    Explore 3 waterfront land for sale in Morro Bay, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,000 square feet of properties for sale, with an estimated market value of $2,200,000.

    Sale prices for water rights properties in Morro Bay, CA start at $2,200,000, averaging $2,200,000, and reaching up to $2,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 8
    Residential land & home lots 4
    Waterfront Land 3
    Recreation land 2
    Agricultural land / Farmland 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +3.3%
    Median Household Income $92,163
    College Educated 32.2%

    High-Yield Neighborhoods for Investment

    Identify Morro Bay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93442 $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $12.55 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

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