2600 El Camino RealAtascadero, CA 93422

Property Details for 2600 El Camino Real

Year built

1959

Lot size

1.68 AC

Property size (Sq ft)

1,650 SF

Zone code

CPK

Property type

Retail properties

Property subtype

Other retail properties

APN

049-201-014

APU

49201014

Description

This exceptional 1.68-acre commercial land parcel in Atascadero, California, presents a unique investment opportunity. Located at 2600 El Camino Real, this property boasts 272 feet of prime Highway 101 frontage, offering unparalleled visibility and accessibility. Zoned CPK (Commercial Park), the land is already entitled for the construction of a 9,368 square foot equipment rental and dealership facility, supplementing an existing 1,723 square foot building suitable for storage. The approved development plan includes a detailed layout encompassing 1,181 square feet of office space, 1,194 square feet of showroom, 2,310 square feet for parts storage, and a spacious 4,683 square foot service area with one 4-bay roll-up door. Ample parking for 20 vehicles is also included in the plans. The property's strategic location near shopping centers, hotels, and the new 25-acre Del Rio Ranch development ensures high traffic and strong potential for growth. The asking price is $1,595,000, translating to approximately $22 per square foot. The APN is 049-201-014. This turnkey opportunity is ideal for an entrepreneur seeking to establish a thriving equipment dealership in a high-demand location. Don't miss this chance to capitalize on this fully entitled development project.

• CAP approach

  CAP return

  Valuation

  6%

  $343,854

  6.5%

  $317,404

  7%

  $294,732

• Comparable approach

  Method

  Valuation

  Relative Method

  $552,142

  Geo Method

  $1,159,708

• Alternative Use

  Use

  Valuation

  Residential

  $267,742

  Hospitality

  $245,250

  Educational

  $204,045

  Medical

  $211,063

  Retail

  $317,404

Location Insight

City

Atascadero

County

San Luis Obispo

State

California

Latitude

35.5085

Longitude

-120.695

CBSA code

42020

CBSA name

SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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