Description for
90131001 W Branch StreetNipomo, CA 93444
This property is situated on the corner of W Branch Street & North Mallagh Street. The property is bounded on three sides by the Burton "paper" street, Branch St, and Mallagh St. The "paper" Burton St is a dedicated County right-of-way and not a finished street. This is a perfect opportunity for a development because the property on the other side of Burton St is already under development. Directly across the street from the subject property are homes. The property is zoned Office Professional which can be developed as commercial or residential or a mix of both. The land can be developed into a residential property under the Workforce Housing Subdivision ordinance which allows for high-density, individually owned properties, or as a high density multi-family development, see Supplements for explanations on these two alternative development opportunities. 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 flat and is within the urban reserve line.
Price
$713,400
Nipomo(340)
San Luis Obispo
SC23040665
Active
Description
This property is situated on the corner of W Branch Street & North Mallagh Street. The property is bounded on three sides by the Burton "paper" street, Branch St, and Mallagh St. The "paper" Burton St is a dedicated County right-of-way and not a finished street. This is a perfect opportunity for a development because the property on the other side of Burton St is already under development. Directly across the street from the subject property are homes. The property is zoned Office Professional which can be developed as commercial or residential or a mix of both. The land can be developed into a residential property under the Workforce Housing Subdivision ordinance which allows for high-density, individually owned properties, or as a high density multi-family development, see Supplements for explanations on these two alternative development opportunities. 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 flat and is within the urban reserve line.
Listing Information
Property Type: Land, Other
1.49 Acres
Public Records
Nipomo(340)
Public
Public Sewer
Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Neighborhood
Room Information
Exterior / Lot Features
0 Covered Parking Spaces,
Hill
Office Professional
Level
Level,Rectangular Lot,Street Level,Flat
Driving Directions
On US Highway 101 take exit #179, left on Tefft Street; over freeway; Turn left onto N Mallagh St, property on the right, corner of N Mallagh St and W Branch St
Financial Considerations
090131001
Cash,Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac
Listing Price History
Nipomo Real Estate
Nipomo is located in California.
Nipomo, California 93444 has a population of 18,226.
The median household income in Nipomo, California 93444 is
$89,852.
The median household income for the surrounding county is $77,840
compared to the national median of $66,222.
The median age of people living in Nipomo 93444 is 40 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
Street Address
City
Beds
Baths
Sold Price
Sold Date
No information is available for recently sold properties within this search.