5932 Entrada AveAtascadero, CA 93422

Property Details for 5932 Entrada Ave

Lot size

0.07 AC

Zone code

DC

Property type

Retail properties

Property subtype

Retail space

APN

029-342-012

APU

29342012

Description

This exceptional mixed-use property, located at 5932 Entrada Avenue in Atascadero, California, presents a unique investment opportunity. The building encompasses a generous 1,008 square feet situated on a conveniently sized 0.07-acre lot. Its mixed-use zoning allows for a variety of commercial and potentially residential applications, making it highly versatile and adaptable to diverse business needs. The property's prime Atascadero location offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong returns. The asking price of $550,000 reflects the property's significant potential for growth and income generation. This is an ideal opportunity for investors seeking a well-located, adaptable property in a thriving California community. The existing structure provides a solid foundation for immediate occupancy or redevelopment, allowing for customization to suit specific business requirements. Given the size of the lot and building, this property is suitable for a range of uses, from retail to office space, or a combination thereof. The strategic location within Atascadero ensures easy access to local amenities, transportation routes, and a strong customer base. Serious inquiries are encouraged to explore the full potential of this promising investment. Don't miss this chance to acquire a valuable asset in a desirable market.

• CAP approach

  CAP return

  Valuation

  6%

  $614,770

  6.5%

  $567,480

  7%

  $526,945

• Comparable approach

  Method

  Valuation

  Relative Method

  $987,162

  Geo Method

  $2,073,417

• Alternative Use

  Use

  Valuation

  Residential

  $478,690

  Hospitality

  $438,478

  Educational

  $364,808

  Medical

  $377,355

  Retail

  $567,480

Location Insight

City

Atascadero

County

San Luis Obispo

State

California

Latitude

35.4899

Longitude

-120.669

CBSA code

42020

CBSA name

SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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