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197 Suburban Rd

7.29 Acres of Commercial Land Offered at $6,900,000 in San Luis Obispo, CA 93401

Investment Highlights

  • Level, rectangular parcel
  • Owner may carry a 1st trust deed
  • Excellent location with rare commercial zone.
  • Easy freeway access

Executive Summary

The largest (M) Manufacturing zoned parcel left in the City of San Luis Obispo. Rare and desirable zoning allows many uses not allowed in other zones in the City. Level, rectangular parcel allows many possible options for development including mini storage, warehouse/industrial, single-tenant owner/user or possible subdivision to smaller commercial lots. Easy Freeway access.
Owner may carry back a 1st trust deed.

Property Facts

Price $6,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
Total Lot Size 7.29 AC

1 Lot Available

Lot 025

Price $6,900,000
Price Per AC $946,502
Lot Size 7.29 AC

The largest (M) Manufacturing zoned parcel left in the City of San Luis Obispo. Level, rectangular parcel allows many possible options for development including mini storage, warehouse/industrial, single-tenant owner/user or possible subdivision.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
053-258-025
Land Assessment
$3,100,000
Improvements Assessment
$0
Total Assessment
$3,100,000

zoning

Zoning Code M-SP (Manufacturing)
M-SP (Manufacturing)
  • Listing ID: 33110681

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 197 Suburban Rd, San Luis Obispo, CA 93401

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