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Property profile & analytics

8255 Morro Rd Atascadero, CA 93422-3943

  • Retail space
  • 360 SF
  • 0.82 lot acres
OFF-MARKET
Value Estimation
$320,000
Location Intelligence
Property ID
US09-1286718
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

  • Four Seasons Lawn Care / Landscaper
  • Moore's Western Nursery / Landscaper / Florist

Property Details for 8255 Morro Rd

Year built
1952
Construction
WOOD
Lot size
0.82 lot acres
Property size
360 SF
Zone code
CR
Property type
Retail space
APN
031-242-020
APU
31242020

Description

This exceptional 0.82-acre commercial lot, situated at 8255 Morro Road in Atascadero, California, presents a unique investment opportunity. Currently zoned Commercial Retail (CR), this property boasts significant potential for future development. Scheduled for a zoning change to Mixed-Use in the first quarter of 2025 (Phase 4 of the General Plan), this lot offers flexibility for a variety of uses. Contact the City of Atascadero for detailed information on proposed future usage options under the new zoning. The property's existing infrastructure includes crucial utilities such as curb, gutter, and sidewalk, along with readily available electric, gas, and water connections. A 360-square-foot office building is also included on the site. Its strategic location provides convenient street access from both Morro Road and Amapoa Avenue, ensuring high visibility and accessibility for any business. The asking price for this remarkable property is $1,100,000. This is a rare chance to acquire a well-positioned commercial lot poised for significant growth and future development possibilities. Don't miss this opportunity to secure a prime piece of Atascadero real estate.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $280,000
  • CAP approach

    CAP return
    Estimation
    6%
    $440,000
    6.5%
    $435,000
    7%
    $395,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $400,000
    Geo Method
    $390,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $430,000
    Retail
    $420,000
    Mixed-Use
    $365,000
    Hospitality
    $385,000
    Educational
    $385,000
    Residential Income
    $355,000
    Energy
    $405,000
    Income-Based Land
    $385,000
    Food Service
    $385,000

Location Insight

  • Map
  • Local Demand
City
Atascadero
County
San Luis Obispo
State
California
Longitude
-120.668
Latitude
35.4726
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
$4,868
$365,599
$20,289
$385,888
-
$0.00
$0.00
$0.00
More about this property
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