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Property profile & analytics

8501 El Camino Real Atascadero, CA 93422

  • Turn key restaurants
  • 1,975 SF
  • 0.07 lot acres
Value Estimation
Last Sale
May 21, 2024
$755,000
Location Intelligence
Property ID
US09-1325621
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Fuego Rosticeria / Restaurant

Property Details for 8501 El Camino Real

Year built
1918
Construction
WOOD
Lot size
0.07 lot acres
Property size
1,975 SF
Zone code
CR
Property type
Turn key restaurants
APN
030-512-006
APU
30512006

Description

This exceptional 1,700 square foot retail property, situated on a 0.07-acre lot at 8501 El Camino Real in Atascadero, CA, presents a unique investment opportunity. The building is ideally suited for a full-service restaurant, boasting a fully functional kitchen equipped with a new gas line installed in 2023 to accommodate large appliances such as the recently installed grill and rotisserie. Significant upgrades enhance its appeal: a new roof (2023), a new kitchen hood and fire suppression system (2023), and major system renovations completed in 2017, encompassing plumbing, electrical, and HVAC. The property includes two restrooms, ADA-compliant improvements, and comfortable indoor and outdoor seating on a private back patio. This turnkey operation offers immediate potential for a new owner. The asking price of $950,000 includes all furniture, fixtures, and equipment. Owner financing is available with 50% down, contingent upon agreeable terms. This prime Central Coast location ensures high visibility and accessibility, making it an attractive proposition for discerning investors seeking a profitable venture.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $755,000
  • CAP approach

    CAP return
    Estimation
    6%
    $755,000
    6.5%
    $740,000
    7%
    $770,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $655,000
    Geo Method
    $740,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $820,000
    Retail
    $860,000
    Mixed-Use
    $705,000
    Hospitality
    $850,000
    Educational
    $700,000
    Residential Income
    $770,000
    Energy
    $755,000
    Income-Based Land
    $625,000
    Food Service
    $740,000

Location Insight

  • Map
  • Local Demand
City
Atascadero
County
San Luis Obispo
State
California
Longitude
-120.654
Latitude
35.4736
CBSA code
42020
CBSA name
SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,732
$255,000
$488,600
$743,600
-
$0.00
$0.00
$0.00
More about this property
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