5932 Entrada Ave Atascadero, CA 93422-4231
- Retail space
- 0.07 lot acres
Current Use by Public Records
- Retail space
Property Details for 5932 Entrada Ave
- Lot size
- 0.07 lot acres
- Zone code
- DC
- Property type
- Retail space
- APN
- 029-342-012
- APU
- 29342012
Description
This exceptional mixed-use property, located at 5932 Entrada Avenue in Atascadero, California, presents a unique investment opportunity. The building encompasses a generous 1,008 square feet situated on a conveniently sized 0.07-acre lot. Its mixed-use zoning allows for a variety of commercial and potentially residential applications, making it highly versatile and adaptable to diverse business needs. The property's prime Atascadero location offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong returns. The asking price of $550,000 reflects the property's significant potential for growth and income generation. This is an ideal opportunity for investors seeking a well-located, adaptable property in a thriving California community. The existing structure provides a solid foundation for immediate occupancy or redevelopment, allowing for customization to suit specific business requirements. Given the size of the lot and building, this property is suitable for a range of uses, from retail to office space, or a combination thereof. The strategic location within Atascadero ensures easy access to local amenities, transportation routes, and a strong customer base. Serious inquiries are encouraged to explore the full potential of this promising investment. Don't miss this chance to acquire a valuable asset in a desirable market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $560,000
- 6.5%
- $550,000
- 7%
- $550,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $545,000
- Geo Method
- $470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $460,000
- Retail
- $470,000
- Mixed-Use
- $470,000
- Hospitality
- $535,000
- Educational
- $435,000
- Residential Income
- $405,000
- Energy
- $525,000
- Income-Based Land
- $490,000
- Food Service
- $450,000
Location Insight
- Map
- Local Demand
- City
- Atascadero
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.669
- Latitude
- 35.4899
- CBSA code
- 42020
- CBSA name
- SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA