7605 Morro Rd Atascadero, CA 93422
Estimated payment $4,714/month
About This Lot
7605 Morro Road has frontage on Highway 41 and brand new frontage improvements installed by CalTrans. The property is located .7 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. 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 include Chipotle, Jamba Juice/ATT, 59 residential unit and 3 commercial office unit mixed-use project, and an office complex.
Listing Agent
Max Zappas, Broker Brokerage Email: max@zvillages.com License #01997012 Listed on: 11/14/2024
Co-Listing Agent
Max Zappas, Broker Brokerage Email: max@zvillages.com License #02150984
Property Details
Property Type
- Land
Est. Annual Taxes
- $6,383
Lot Details
- 0.75 Acre Lot
- Density is 21-25 Units/Acre
- Property is zoned CP
Additional Features
- Views of Woods
- Suburban Location
- Water Not Available
Community Details
- No Home Owners Association
- Atnorthwest Subdivision
Listing and Financial Details
- Legal Lot and Block 25 / QB
- Assessor Parcel Number 031161055
- $307,658 per year additional tax assessments
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 |
---|---|---|---|---|
2024 | $6,383 | $307,658 | $307,658 | -- |
2023 | $6,383 | $301,626 | $301,626 | -- |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
11/14/2024 11/14/24 | For Sale | $788,016 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SC24234325

APN: 031-161-055
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