$1,250,000

Estimated payment $7,437/month

Total Views 2,549
1.61 Acres
$776,398 Price per Acre
70,132 Sq Ft Lot

Highlights

  • 1.61 Acre Lot
  • Corner Lot
  • No HOA
  • View of Hills

About This Lot

Prime corner commercial property on the border of development in Nipomo. Located on the corner of Tefft & Blume Street. This 1.61 Acre parcel is zoned commercial residential and has lots of possibilities. Perfect location and visibility for commercial development on Tefft Street, the main corridor in Nipomo. Blume street if fully improved, and property has water & sewer. There is 2 existing older homes on the property that are currently rented for approximately $4250. total per month. These homes to be sold in "As Is" condition. So there is income while you get your development plans approved. These homes to be removed upon development. Drainage easement on property. Per county this property could have commercial on ground floor and residential above. There is a street ( Flint St) designed to separate Parcel 1 & 2(behind) that goes nowhere as of now. Paper Street on the recorded map. Potential buyers should verify all possibilities and information with San Luis Obispo County.

Listing Agent

Kalua Kuhnle

Coast West Realty & Property Management Brokerage Phone: 805-709-6412 License #00874087

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,670

Year Built

  • 1939

Lot Details

  • 1.61 Acre Lot
  • Rural Setting
  • Corner Lot
  • Property is zoned CR

Additional Features

  • Views of Hills
  • Phone Available

Community Details

  • No Home Owners Association
  • Nipomo Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 092577001

Property Details

Property Type

Land

Est. Annual Taxes

$5,670

Year Built

1939

Lot Details

0

Listing Details

  • Current Use: Residential
  • Current Use Comments: Prime commercial property with 2 older homes on it currently rented for total of $4250 per month. Homes Sold AS IS. Have rental income while developing the Commercial.
  • Possible Use: Commercial
  • Possible Use Comments: Prime frontage on Tefft & Blume Street. Develop Retail, office or combination of Commercial and residential.
  • Road Frontage Type: City Street
  • Subdivision Name Other: Nipomo(340)
  • View: Yes
  • Zoning: CR
  • Property Type: Land
  • Parcel Number: 092577001
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1939

Interior Features

  • Price Per Square Foot: 17.82

Exterior Features

  • View: Hills

Utilities

  • Utilities: Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 70131.00
  • Lot Size Acres: 1.6100

Multi Family

  • Lot Size Area: 70131.0000 Square Feet

Tax Info

  • Tax Census Tract: 124.04
  • Tax Lot: 4

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2024 $5,670 $536,000 $490,000 $46,000
2023 $5,670 $536,000 $490,000 $46,000
2022 $5,696 $536,000 $490,000 $46,000
2021 $5,800 $536,000 $490,000 $46,000
2020 $5,793 $536,000 $490,000 $46,000
2019 $5,872 $536,000 $490,000 $46,000
2018 $5,918 $536,000 $490,000 $46,000
2017 $5,924 $536,000 $490,000 $46,000
2016 $5,699 $536,000 $490,000 $46,000
2015 $5,703 $536,000 $490,000 $46,000
2014 $5,601 $536,000 $490,000 $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 For Sale $1,250,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Deed History

Date Type Sale Price Title Company
Grant Deed $1,800,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $490,000 New Conventional
Closed $335,000 New Conventional
Closed $235,000 New Conventional
Closed $160,000 Commercial
Closed $320,000 Commercial
Closed $150,000 Commercial
Previous Owner $1,440,000 Seller Take Back
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI25083116

California Regional Multiple Listing Service (CRMLS)

APN: 092-577-001