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Financial
Distress signals
Property profile

8501 El Camino Real Atascadero, CA 93422

FOR LEASE
Turn key restaurants
Property ID
US09-1325621
1,975 SF 0.07 ac lot Built 1918
Last sale Apr 2023 · $755,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

8501 El Camino Real is a fully renovated restaurant building with a total interior area of 1,775 square feet, configured to support restaurant operations. The layout includes indoor dining space with ADA-compliant restrooms (including two restrooms, one featuring ADA improvements) and a fully functional commercial kitchen designed to accommodate large-scale appliances. The property also includes a private, oversized back patio with ADA access. Major building systems were updated in 2017,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$12k
Tax billed · 2024
Assessed value$744k
Assessed land$255k
Assessed improvement$489k
Effective rate1.58%

Value estimate

· Oct 2026
$755k
$680k – $831k
AI approach$755k
Submarket $/SF estimate$830k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$977
Operating expenses−$9k
NOI · 451.34% cap applied$20k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$503/SF
County average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$258 – $853

Cap rate analysis

How does the asset earn?
451.34%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.8
Electrical Service11.7
Tailor Shop10.1

Location

8501 El Camino Real Atascadero, CA 93422
County assessor Recorded deeds · 7 transfers Qualifying 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 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8000 Morro, Atascadero, CA 93422-3928 $3,200,000 Dec 2024 2,600 SF
7500 Sinaloa, Atascadero, CA 93422-7634 $1,250,000 May 2024 2,394 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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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?”
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