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Property profile

8840 Morro Rd Atascadero, CA 93422

FOR SALE
Office buildings
Property ID
US10-2147367
1,464 SF 0.15 ac lot Built 2006
Last sale Feb 2020 · $330,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 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 freestanding commercial condominium constructed in 2005, located on the westside of Atascadero, near Highway 41 West. It is a detached unit with over 1,400 square feet of interior space and includes two ADA-compliant restrooms, a private office, a reception area, storage space, a break room, and a large open work area. The location provides access to nearby professional business offices and is within the general vicinity of Atascadero Lake Park and the Central Coast Zoo.

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?
$5k
Tax billed · 2024
Assessed value$354k
Assessed land$118k
Assessed improvement$236k
Effective rate1.27%

Value estimate

· Oct 2026
$280k
$252k – $308k
AI approach$280k
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 4.74% cap applied$26k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,353/SF
ZIP average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$174 – $3,217
Qualifying comparables4

Cap rate analysis

How does the asset earn?
4.74%
$26k 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 Service11.1
Electrical Service10.3
Parking Facility10.1

Location

8840 Morro Rd Atascadero, CA 93422
County assessor Recorded deeds · 10 transfers 4 qualifying comp sales 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8425 Morro, Atascadero, CA 93422-3922 $550,000 Feb 2023 1,260 SF
5830 Entrada, Atascadero, CA 93422-4221 $143,000 Jul 2021 1,452 SF
8930 Morro, Atascadero, CA 93422-3984 $450,000 Aug 2020 1,543 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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