Financial
Distress signals
Property profile

3980 El Camino Real Atascadero, CA 93422

FOR LEASE
Retail space
View Listing
Property ID
US09-2057629
69,680 SF 5.69 ac lot Built 1987
Last sale Jan 2019 · $7,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a proposed commercial land site planned for a retail development with a mix of anchor, shop, and pad spaces. It is located at a freeway interchange off Highway 101 at the San Anselmo Road interchange and has direct access from Highway 101, with frontage positioned to support freeway visibility and potential pylon signage. The site is approximately one mile from Downtown Atascadero and is situated within a commercial corridor serving North San Luis Obispo County; the area

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$61k
Tax billed · 2024
Assessed value$4.91M
Assessed land$2.02M
Assessed improvement$2.89M
Effective rate1.25%

Value estimate

· Sep 2026
$8.67M
$7.80M – $9.54M
Sales comparison$10.31M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$346/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$148 – $522

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CR
This zone is established to provide for a wide range of commercial uses to accommodate most of the retail and service needs of the reside...
General categoryCOMMERCIAL
JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency8.6
Skin Care Clinic8.5
Bar & Pub6.7

Location

3980 El Camino Real Atascadero, CA 93422
County assessor Recorded deeds · 8 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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