7
See all 7 photos
$414,000
Est. payment /mo
0.4 Acres Lot
Active
7100 Morro RD Atascadero, CA 93422
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UPDATED:
11/15/2024 12:38 PM
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSC24234391
Originating Board California Regional MLS
Lot Size 0.396 Acres
Property Sub-Type Other Residential Land
Property Description
7100 Morro Road has frontage on Highway 41 and brand new frontage improvements installed by CalTrans. The property is located .5 miles from Highway 101 and the flourishing Downtown Atascadero. Paso Robles and San Luis Obispo are both within a 20 minute drive of this location and Atascadero is located between the Bay Area and the LA Area about 3.5-4 hours from each by car. 3 companies have received offshore wind energy leases totaling $425 million dollars to create wind farms, ancillary facilities, and jobs to support their operations in Morro Bay which is a 20 min drive from this property. The lot is currently zoned Commercial Professional(CP) but, per the City of Atascadero, they plan to change the zoning to Mixed Use(MU) which should allow for more flexibility in what can be built. The exact details of that zoning are yet to be finalized but any Buyer should speak directly with the City of Atascadero to hear about the improved zoning changes that should be finalized in early 2025. With neighboring properties for sale as well, this is a prime development opportunity that could include office, retail, commercial, and residential uses under current zoning and future zoning. Traffic counts nearby at Highway 101 and Morro Road are 61,000 AADT. Recent developments within a half mile
Location
State CA
County San Luis Obispo
Area Atsc - Atascadero
Zoning D5
Exterior
View Forest / Woods
Others
Tax ID 031051038
Special Listing Condition Not Applicable
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Listed by Max Zappas • Max Zappas, Broker
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