267 W Tefft St Nipomo, CA 93444
Estimated payment $4,589/month
Highlights
- View of Hills
- Solar owned by seller
- Bike Trail
- No HOA
- Foothills
About This Lot
Video: This property is also listed under Commercial Sale as MLS# SC25281362 PRIME DEVELOPMENT OPPORTUNITY
Prime development opportunity in the heart of Nipomo's civic center. This 15,000 SF CR-zoned property offers 6,000 SF of building coverage area (40% coverage) with complete infrastructure and zero lot-line setback capability under the Olde Towne Nipomo Design and Circulation Plan. STRATEGIC LOCATION
Located on Tefft Street, Olde Towne Nipomo's main commercial thoroughfare with excellent visibility. Directly adjacent to Nipomo Community Services District building. Across Wilson St from Laborers Union Hall Local 220. Across Tefft St from new Sheriff's building, breaking ground in 2026. Quarter block west of modern two-story mixed-use project, adjacent to Casa Grande Center. One block east of Adobe Plaza and Birchwood. FLOOD ZONE ADVANTAGE
Property sits at 324.2 feet elevation, 6.2 feet higher than comparable properties in the area. In 100-year flood zone, but elevation difference provides lower flood insurance costs and lower engineering and construction costs. DEVELOPMENT READY
Sidewalks, curbs, and gutters on both street frontages. Zero lot-line setbacks allowed on all sides. No off-site improvements required. Water and sewer connections available through Nipomo Community Services District. Area operates under Olde Towne Nipomo Design Plan with streamlined development guidelines. EXISTING BUILDING
1,064 SF office building, built 1959, excellent condition, four rooms. Currently generating $2,200/month income. Convertible to other uses or redevelopment opportunity. ZONING AND DEVELOPMENT OPTIONS
CR (Commercial/Residential). Maximum 40% lot coverage. Zero setback development allowed. Accommodates mixed-use development with ground-floor commercial and residential units above, or high-density residential up to three stories with ground-floor parking. Old Town Nipomo benefits include reduced parking requirements (40% vs 100% through public parking initiatives) and zero lot line development. AVAILABLE FOR
Commercial Sale, Commercial Lease, or Lease Option to Buy. RECENT COMPARABLE
188 W Tefft St sold May 16, 2025 for $675,000, one block away in same CR zoning. See Supplements for detailed comparative analysis
Listing Agent
San Luis Obispo County Realty Brokerage Phone: 805-305-9662 License #02090997 Listed on: 12/30/2025
Property Details
Property Type
- Land
Lot Details
- 0.34 Acre Lot
- Density is 31-35 Units/Acre
- Property is zoned Commercial Retail
Additional Features
- Views of Hills
- Solar owned by seller
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 090142008
Community Details
Overview
- No Home Owners Association
- Nipomo Subdivision
- Foothills
Recreation
- Bike Trail
- Rain Gutters
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,796 | $174,644 | $130,279 | $44,365 |
| 2024 | $1,776 | $171,221 | $127,725 | $43,496 |
| 2023 | $1,776 | $167,865 | $125,221 | $42,644 |
| 2022 | $1,749 | $164,574 | $122,766 | $41,808 |
| 2021 | $1,746 | $161,348 | $120,359 | $40,989 |
| 2020 | $1,726 | $159,694 | $119,125 | $40,569 |
| 2019 | $1,715 | $156,564 | $116,790 | $39,774 |
| 2018 | $1,695 | $153,495 | $114,500 | $38,995 |
| 2017 | $1,663 | $150,486 | $112,255 | $38,231 |
| 2016 | $1,569 | $147,536 | $110,054 | $37,482 |
| 2015 | $1,546 | $145,320 | $108,401 | $36,919 |
| 2014 | $1,489 | $142,474 | $106,278 | $36,196 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2025 12/30/25 | For Sale | $849,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | First American Title Ins Co |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC25281902
APN: 090-142-008
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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