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4985 Traffic Way
2,965 SF Industrial Building Atascadero, CA 93422 $1,950,000 ($658/SF)
Investment 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.
- The outdoor storage lot provides significant income, effectively offsetting property carrying costs.
- Ideal site for constructing industrial buildings or mini-storage facilities, with development potential subject to City approval
- Suitable for both owner-users seeking a functional industrial space and developers interested in long-term income generation.
- A great opportunity for developers to generate income while working through entitlements, making it an attractive covered land play
Executive Summary
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
Property Facts
| Price | $1,950,000 | Rentable Building Area | 2,965 SF |
| Price Per SF | $658 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1951 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.02/1,000 SF |
| Building Class | C | Clear Ceiling Height | 15 FT 5 IN |
| Lot Size | 1.42 AC | No. Drive In / Grade-Level Doors | 2 |
| Price | $1,950,000 |
| Price Per SF | $658 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.42 AC |
| Rentable Building Area | 2,965 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Tenancy | Single |
| Parking Ratio | 2.02/1,000 SF |
| Clear Ceiling Height | 15 FT 5 IN |
| No. Drive In / Grade-Level Doors | 2 |
Amenities
- Fenced Lot
- Yard
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Opportunity to lease a 2,965 SF industrial building with roll-ups on 1.42 acres of fenced land. Existing CUP allows RV/boat storage and other similar uses. Owner is in the process of obtaining an additional CUP for heavy equipment and contractor storage uses. Includes six striped parking spaces on-site.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - Building | 2,965 SF | Industrial | - | Now |
1st Fl - Building
| Size |
| 2,965 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - Building
| Size | 2,965 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
Opportunity to lease a 2,965 SF industrial building with roll-ups on 1.42 acres of fenced land. Existing CUP allows RV/boat storage and other similar uses. Owner is in the process of obtaining an additional CUP for heavy equipment and contractor storage uses. Includes six striped parking spaces on-site.
PROPERTY TAXES
| Parcel Number | 028-102-002 | Improvements Assessment | $355,504 |
| Land Assessment | $652,642 | Total Assessment | $1,008,146 |
PROPERTY TAXES
zoning
| Zoning Code | I (Industrial) |
| I (Industrial) |
-
Power Broker Francois DeJohn -
Nolan Tooley -
Hayes Commercial Group
Presented by
4985 Traffic Way
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