111 W Branch ST, Nipomo, CA 93444 – SC21007670

$360,000

$713,400

49.5%

Est.Price: ?

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Est. payment -/mo

0.86 Acres Lot

SOLD DATE : 08/10/2022

Key Details

Sold Price $360,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Nipomo(340)

MLS Listing ID SC21007670

Sold Date 08/10/22

HOA Y/N No

Lot Size 0.861 Acres

Lot Dimensions Public Records

Property Description

This property is situated on the corner of W Branch Street and North Mallagh Street and continues east to Burton Street. Although is zoned Office Professional, it can be developed into a residential property under the Workforce Housing Subdivision ordinance which allows for high-density, individually owned properties. The property is zoned Office Professional which can be developed as commercial or residential or a mix of both.

Part of the value of this property for residential is its proximity to one of the most popular restaurants on the central coast, Jockos Steakhouse. The property is directly across the street from a residential single-family home development. The subject property has frontage on Mallagh St, Branch St, and Burton St. The property is flat and is within the urban reserve line. The lot can be purchased for $713,444.

Location

State CA

County San Luis Obispo

Area Npmo - Nipomo

Zoning Commercial or Residential

Interior

Fireplace No

Exterior

Fence None

Community Features Biking, Dog Park, Foothills, Fishing, Golf, Hiking, Horse Trails, Stable(s), Hunting, Lake, Mountainous, Near National Forest, Preserve/Public Land, Rural, Storm Drain(s), Street Lights, Sidewalks, Urban, Valley, Water Sports, Park

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N Yes

View Hills

Building

Lot Description Level, No Landscaping, Near Park, Near Public Transit, Rectangular Lot, Street Level, Flat

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 090131001

Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, Lease Option, Owner May Carry, Private Financing Available, Trust Conveyance, Trust Deed, Trade

Horse Feature Riding Trail

Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, Lease Option, Owner May Carry, Private Financing Available, Trust Conveyance, Trust Deed, Trade

Financing Cash

Special Listing Condition Standard

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