222 S Frontage Road, Nipomo, CA

Name: 222 S Frontage Road, For Sale in Nipomo - Zoocasa
Brand: Radius Commercial RE
SKU: 26001416
Price: 7500000 USD

House

For Sale

Listed price in listed location currency (USD).

$7,500,000

000

MLS® 26001416

Overview

Key Facts

Type Multi Family

Levels Land

Size -

Garage

Taxes

Days Active 12

Lot Size 8.86 Acres

Approx. Age

MLS® Number 26001416

Property Address: 222 S Frontage Road, Nipomo, CA, 93444

Average square foot calculated using Size range provided by listing agent.

Description

Mesa Trails Apartment Community presents a rare opportunity to acquire a fully entitled, 240-unit market-rate multifamily development in Nipomo, California, one of the Central Coast's most attractive and supply-constrained housing markets. Situated on approximately 8.86 acres with direct access to U.S. Highway 101, the project combines entitlement certainty, strategic regional connectivity, and exposure to a market where demand for quality housing continues to exceed available inventory. The project received full approval from the San Luis Obispo County Planning Comm. in February 2024, including Conditional Use Permit approval and CEQA clearance through an adopted Mitigated Negative Declaration. With all major discretionary approvals secured, a new owner can advance directly toward construction permitting, eliminating a significant portion of the entitlement risk, cost, and timeline typically associated with multifamily development in California. Nipomo occupies a strategic position between Santa Maria and San Luis Obispo and benefits from access to the Central Coast's primary employment centers, educational institutions, healthcare providers, and regional economic drivers. Supported by a diverse economy and an increasingly affluent population base, the area continues to experience sustained housing demand while maintaining significant barriers to new supply. As one of the few large-scale multifamily development opportunities on California's Central Coast offering both entitlement certainty and market-rate positioning, Mesa Trails represents a compelling opportunity to deliver new housing in a market defined by strong fundamentals, limited inventory and long-term growth potential.

MLS® Number26001416

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Map

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