Waterfront

Morro Bay, CA Waterfront Land for Sale

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Los Osos, CA Cayucos, CA Atascadero, CA San Luis Obispo, CA Templeton, CA Santa Margarita, CA Avila Beach, CA Paso Robles, CA
Commercial Land with Beach Front
Updated: Aug 1, 2023
Commercial Land with Beach Front

Atascadero Road, Morro Bay, CA 93442

$3,900,000
3.73 AC lot
3.73 acres of commercial land
Beach Front waterfront designation
CVS zoning for commercial visitor‑serving use
Public water service available
Atascadero Road location in Morro Bay, CA 93442
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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-Adjacent Residential Lot
Waterfront-Adjacent Residential Lot

1574 5th St, Los Osos, CA 93402

$185,000
9,375.00 AC lot

Residential development lot steps from the water, with a sewer lateral already installed.

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Land
Land

432 Mitchell, Los Osos, CA 93402

$475,000

Waterfront Land

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Ocean-View Land Parcel
Ocean-View Land Parcel

3296 Gilbert, Cayucos, CA 93430

Contact for pricing

Parcel offers ocean view potential and is not currently buildable, presenting long-term possibilities in Cayucos.

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Waterfront Land with Ocean Views
Waterfront Land with Ocean Views

588 Chaney Avenue, Cayucos, CA 93430

$150,000

Sizable waterfront lot with Pacific Ocean views, zoned RL, located on a privately maintained section of Chaney Ave.

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Morro Bay, CA Waterfront Land Market Trends and Statistics

Explore 1 waterfront land for sale in Morro Bay, CA on our real estate platform. These investment opportunities span a total of 162,479 square feet of properties for sale, with an estimated market value of $3,900,000.

Sale prices for water rights properties in Morro Bay, CA average $3,900,000 — 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

Residential land & home lots 14
Commercial land 10
Waterfront Land 2
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 $3.9M

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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