Property profile

4985 Traffic Way Atascadero, CA 93422

OFF-MARKET
Warehouses
2,965 SF Built 1951
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Property summary

AI-generated overview

This Atascadero, CA industrial property offers a unique investment opportunity. The 1.42-acre lot includes a 2,965 square foot warehouse building constructed in 1951, featuring 15.5' - 19.5' ceilings, one restroom, and ample parking (six spaces, including one ADA compliant). The warehouse boasts two loading options: a 12'H x 14'W roll-up door and a 14'H x 9.5'W sliding door. A significant portion of the land (1.26 acres) is fenced, currently used for outdoor storage, generating potential rental income. The property is zoned I (Industrial) and has a clean Phase I environmental report (8/22/20). A conditional-use permit allows for 57 RV/boat storage spaces. This versatile property is ideal for owner-users or developers seeking a covered land play, with potential for higher and better use, such as constructing additional industrial buildings or mini-storage facilities. The asking price is $1,950,000, and the APN is 028-102-002. The property's location at 4985 Traffic Way, Atascadero, CA 93422, provides excellent access and visibility. This is a rare opportunity to acquire a property with existing income streams and significant development potential in a desirable location.

Property profile

Verified
Property type Warehouses
Year built 1951
Total area 2,965 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4985 Traffic Way Atascadero, CA 93422
Atascadero metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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