Incredible Development Opportunity – 2 Acres with Highway 101 Visibility
Flat and usable 2-acre parcel in prime North Atascadero that is already seeing dynamic new development activity and infrastructure investment. Seconds from the Del Rio bridge across the highway from new development (Valley Fresh) and on the same side of highway as the upcoming Barrel Creek Project on Del Rio. With approx. 200 feet of frontage along the well-traveled corridor with excellent visibility from Highway 101, this parcel offers outstanding exposure for future commercial or mixed-use development. Just minutes from Templeton and surrounded by exciting new development, this site is ideally situated for long-term investment or near-term development. The City of Atascadero has included this parcel in its General Plan Update, with proposed rezoning to “Mixed Use”, a forward-thinking designation aimed at boosting economic growth, creativity, and flexible land use. General Plan Update anticipated Q2 2026 – buyer to verify.
Sellers have completed a Topographic Survey and have conceptual drawings for a 36,000+ sq ft mixed-use project featuring 4 office units, 8 light industrial/commercial units, and 3 residential tri-plexes. Parcel dimensions approx. 200’ x 440’.
Seller financing available with approx. 50% down, an incredible opportunity to secure this premier parcel with flexible terms. Don’t miss this rare opportunity to invest in one of the Central Coast’s most promising growth areas.
195 days
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54
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1
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Zillow last checked:
Listing updated:
Listed by:
Seth PeekDRE #02152940805-470-9577,
Peek Realty,
Karen PeekDRE #02084947805-235-4180,
Peek Realty
Source: CRMLS,MLS#: NS26024282Originating MLS: California Regional MLS
Facts & features
Property
Features
Fencing: Average Condition
Has view: Yes
View description: Hills
Lot
Size: 2 Acres
Dimensions: 200 x 440
Features: 2-5 Units/Acre
Details
Parcel number: 049141035
Zoning: P
Special conditions: Standard
Utilities & green energy
Sewer: None
Water: See Remarks
Utilities for property: Sewer Not Available
Community & HOA
Community
Features: Foothills
Subdivision: Atnorthwest(20)
Location
Region: Atascadero
Financial & listing details
Date on market: 2/2/2026
Cumulative days on market: 195 days
Listing terms: Cash,Cash to New Loan,Owner May Carry,Submit