222 N Frontage RD, Nipomo, CA 93444
222 N Frontage RD, Nipomo, CA 93444
222 N Frontage RD, Nipomo, CA 93444
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Steven Golis, DRE #00772218 • Radius Group Commercial RE
$7,500,000
Est. payment /mo
8 Sqft Lot
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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRV1-37571

Lot Size 8 Sqft

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

Development Opportunity! Fully entitled, construction-ready, 240 unit institutional-scale apartment community. 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 Commission 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

Location

State CA

County San Luis Obispo

Area Npmo - Nipomo

Zoning SPKN,D6

Exterior

Fence None

View Hills, Valley, Forest / Woods, Garden / Greenbelt

Others

Tax ID 092579014

Special Listing Condition Not Applicable

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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