Property Description

Substantial commercial acreage in San Luis Obispo offered at $3,990,000-approximately $6.55 per gross land square foot. This ±13.99-acre property fronts Prado Road near South Higuera Street, across from the Serra Meadows neighborhood and near established commercial businesses and SLO Public Market. The location places the property within the broader south-city growth area, with access to downtown, Highway 101, and the regional airport through the surrounding road network. Previously entitled for a commercial business park, the property has a history of planning for office and light-industrial development. Approximately ±11.11 acres were identified as usable under former plans; current usable area and development potential are subject to independent verification. Offered as raw land with no current project entitlements. Prior approvals have expired, and historical plans are for reference only. Buyer is responsible for all due diligence, including zoning, permitted uses, environmental conditions, wetlands and drainage, easements, airport restrictions, access, utility and sewer availability and capacity, development costs, and all required approvals.

Property Features