541 Atascadero
Morro Bay, CA 93442
9,013Sqft(Lot)
BUILDERS Prime opportunity to develop this permitted 5-unit project that will capture close to a 6% cap rate. Seller willing to carry up to 50% at interest only terms, adding flexibility to complete the build. The red tape is removed and plans are at the office. Call to review and seize the opportunity.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water/Sewer
Water Source: Public Sewer: Public Sewer
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2069 -
Lot Size Source: Assessor Lot Size Square Feet: 9013
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Listing Price Information
Original List Price: 879,000 Listing Contract Date: 2026-03-16 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 068231056
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Other Property Info
Source Listing Status: Active Source Neighborhood: MRBY - Morro Bay Directions: Hwy 41 --> Left on Hill St. At Corner of Hill and Hwy 41 Source Property Type: Land Area: MRBY - Morro Bay
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1800 Atascadero Road, Morro Bay, CA, 93442 | $15,500,000 | -- | -- | -- | 15,246,000 Sqft(Lot) |
| 731 Butte, Morro Bay, CA, 93442 | $289,500 | -- | -- | -- | 5,378 Sqft(Lot) |
| 670 Sequoia Court, Morro Bay, CA, 93442 | $499,000 | -- | -- | -- | 20,038 Sqft(Lot) |
| 2900 Alder Avenue, Morro Bay, CA, 93442 | $395,000 | -- | -- | -- | 6,000 Sqft(Lot) |
| 2783 Coral Ave, Morro Bay, CA, 93442 | $3,350,000 | -- | -- | -- | 43,124 Sqft(Lot) |
| Atascadero Road, Morro Bay, CA, 93442 | $3,900,000 | -- | -- | -- | 162,479 Sqft(Lot) |
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ByOwner last updated this listing 06/06/2026 @ 12:03
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