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2115 Willow Road, Arroyo Grande, CA 93420
$3,350,000
2115 Willow Road, Arroyo Grande, CA 93420View this property at 2115 Willow Road, Arroyo Grande, CA 93420
2115 Willow RoadArroyo GrandeCA93420
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Property Description
Leased Investment for sale: +/- 12,000 sq. ft. warehouse building. 81% leased ( 4 tenants and 1 vacancy of +/- 2,275 sq. ft.). Total site is +/-1.86 acres. Zoning: Industrial. Located in the County of San Luis Obispo. Sale Price: $3,350,000 ($280 sq. ft.). Current Cap Rate: 6.6%. Proforma Cap Rate 8.7%. Large lot size could allow for additional building space to be constructed. Current site coverage 15%. Water well on-site. Inquire for rent roll and more information.
Full Property Details
Full Property Details for 2115 Willow Rd
General
- Price: $3,350,000
- Status: Active
- Type: Industrial
- MLS ID: SC21099563
- Updated: 3/29/2024
- Days on Market: 1106 days
- Added to Site: 1, 106 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: San Luis Obispo
- Driving Directions: Next to intersection of Willow and Hwy 1
Structural Information
- Building Size: 12000
- Square Feet: 12,000
Lot Features
- Lot Size (Acres): 1.86
- Useable Acres: 1.86
- Lot Size (Sq. Ft.): 81,021
- Lot Features: 2-5 Units/Acre, Lot Over 40000 Sqft, Yard
- Lot Description: 2-5 Units/Acre, Lot Over 40000 Sqft, Yard
Financial Considerations
- Price Per Sq. Ft.: $279
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Property ID: 91195003
Listed by McCarty Davis, Inc., StephenMcCarty and SteveDavis
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Schools
Schools serving 2115 Willow Rd
School District:Lucia Mar Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2101 The Pike, Grover Beach, CA 93433 | K-6 | 4.6 mi | |
600 Crown Hill St, Arroyo Grande, CA 93420 | 7-8 | 5.5 mi | |
525 N Thompson Ave, Nipomo, CA 93444 | 9-12 | 4.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2115 Willow Rd
Date
Details
Price
Change
Source
9/05/2023
Price Reduced
$3,350,000
-6.29%
MLS
5/10/2021
Listed
$3,575,000
186%
MLS
8/03/2018
Sold
$1,250,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2115 Willow Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$20,417
2%
$1,929,961
2%
2022
$20,108
—
$1,892,120
2%
2021
$20,072
1%
$1,855,020
1%
2020
$19,842
1%
$1,836,000
96%
2019
$19,721
94%
$938,314
2%
2018
$10,158
2%
$919,917
2%
2017
$9,967
6%
$901,881
2%
2016
$9,401
1%
$884,198
2%
2015
$9,266
4%
$870,917
2%
2014
$8,922
31%
$853,858
30%
2013
$6,836
—
$654,780
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2115 Willow Rd
2115 Willow Road, Arroyo Grande, CA 93420 (MLS# SC21099563) is a Industrial property. 2115 Willow Road is currently listed for $3,350,000 and was received on May 10, 2021. Want to learn more about 2115 Willow Road? Do you have questions about finding other Industrial real estate for sale in Arroyo Grande? You can browse all Arroyo Grande real estate or contact a Coldwell Banker agent to request more information.