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400 Prado Rd

11.11 Acres of Commercial Land Offered at $7,995,000 in San Luis Obispo, CA 93401

Investment Highlights

  • Approved tentative map in place with the majority of construction documents completed for off-site improvements.
  • Construction documents have been completed to finish the tract, and lot lines can still be adjusted to suit specific needs.
  • Building density/size allowance 1.55 times greater than lots found at the popular East Airport Tract.

Executive Summary

A commercial developer’s dream, the Prado Road Business Park presents an approved commercial subdivision in San Luis Obispo, featuring an 11 net acre 6-lot tract zoned Business Park, allowing a wide array of uses. Commercial tracts of this size are rare in the City of SLO and typically take up to a decade to get approved. Construction documents have been completed to finish the tract, and lot lines can still be adjusted to suit specific needs. In addition, the front two parcels of the tract are approved for 49,000 sf of medical space. A rare, unique opportunity to step into a turnkey commercial tract in the City of San Luis Obispo.

Property Facts

Price $7,995,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Office
  • Medical
  • Office Park
Total Lot Size 11.11 AC

1 Lot Available

Lot

Price $7,995,000
Price Per AC $719,622
Lot Size 11.11 AC

A commercial developer’s dream, the Prado Road Business Park presents an approved commercial subdivision in San Luis Obispo, featuring an 11 net acre 6-lot tract zoned Business Park, allowing a wide array of uses.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
053-441-009
Land Assessment
$5,253,789
Improvements Assessment
$0
Total Assessment
$5,253,789

zoning

Zoning Code BP (Business Park)
BP (Business Park)
  • Listing ID: 32016742

  • Date on Market: 6/4/2024

  • Last Updated:

  • Address: 400 Prado Rd, San Luis Obispo, CA 93401

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