4985 Traffic Way - Warehouse FOR SALE


Atascadero, CA 93422
$1,950,000 USD
805-898-4365
4985 Traffic Way, Atascadero, CA for Sale
$1,950,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

4985 Traffic Way
Atascadero, CA 93422


HIGHLIGHTS

  • 2,965 SF industrial building on a 61,855 SF lot, including 55,220 SF fenced, ideal for a variety of industrial and outdoor storage uses.
  • Suitable for both owner-users seeking a functional industrial space and developers interested in long-term income generation.
  • The outdoor storage lot provides significant income, effectively offsetting property carrying costs.
  • A great opportunity for developers to generate income while working through entitlements, making it an attractive covered land play
  • Ideal site for constructing industrial buildings or mini-storage facilities, with development potential subject to City approval

OVERVIEW

Opportunity to purchase a 2,965 SF industrial building on a 61,855 SF industrial lot, with 55,220 SF fenced. This versatile property is ideal for various industrial and outdoor storage uses. It presents an excellent opportunity for an owner-user or a developer looking to generate passive income on the dirt. The income from the outdoor contractor storage or Boat & RV storage lot can significantly offset carrying costs. For developers, this property offers a great covered land play, providing substantial income during the entitlement process for a higher and better use. It’s an ideal site for constructing industrial buildings or mini-storage facilities. See page 6 for an example of what could be built on-site, subject to City approval. Price: $1,950,000 Land Size: 61,855 SF (1.42 acres) Fenced Yard: 55,220 SF (1.26 acres) Building Size: 2,965 SF APN: 028-102-002 Zoning: I (Industrial) Ceilings: 15.5’ - 19.5’ Restrooms: One Parking: Currently 6 striped spaces, including 1 ADA Loading: (1) 12’ H x 14’ W roll-up; (1) 14’ H x 9.5’ W sliding door Year Built: 1951 Environmental: Clean Phase I as of 8/22/20 Conditional-Use Permit: 57 RV/Boat spaces

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$658 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

UTILITIES

-

CLEAR CEILING HT

15.416666666666666 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

6

LAND DETAILS

LAND ACRES

1.42

LAND SF

61,855

ZONING

I

APN/PARCEL ID

028-102-002

ASK ABOUT THIS PROPERTY

Francois DeJohnHayes Commercial GroupMore Info
805-898-4365

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Francois DeJohnHayes Commercial GroupMore Info
805-898-4365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.