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Property profile & analytics
OFF-MARKET
Industrial properties

4985 Way Atascadero, CA 93422

2,965 SF 1.42 ac lot Built 1951
Property ID
Property summary
AI-generated overview

This exceptional Atascadero industrial property offers 2,965 square feet of versatile space situated on a substantial 1.42-acre lot (61,855 square feet total parcel size, including a 58,890 square foot yard). The building features high ceilings ranging from 15.5 to 19.5 feet, providing ample storage and operational flexibility. Convenient access is provided by one 12'H x 14'W roll-up door and one 14'H x 9.5'W sliding door. On-site parking includes six designated spaces, with one ADA-compliant space. A single restroom is conveniently located within the building. The property is currently zoned I (Industrial) and boasts an existing Conditional Use Permit (CUP) allowing for RV/boat storage and similar uses. The owner is actively pursuing an additional CUP to permit heavy equipment and contractor storage, expanding the property's potential uses significantly. The property is available for lease starting June 1st, 2024, with lease terms negotiable. This is a rare opportunity to secure a well-located industrial property with significant yard space and future development potential in Atascadero, CA.

Property profile
Verified
Property type Industrial properties
Year built 1951
Total area 2,965 SF
Lot 1.42 ac (61,855 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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