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    San Luis Obispo, CA
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    San Luis Obispo, CA Commercial Land for Sale

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    11 properties
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    Neighborhood Commercial Land Site
    Updated: Jun 19, 2025
    Neighborhood Commercial Land Site

    2040 Prado Road, San Luis Obispo, CA 93401

    $3,900,000
    3.59 AC lot
    3.59‑acre (156,380 SF) Neighborhood Commercial site in San Luis Ranch
    Highly visible from the freeway; centrally located in the San Luis Obispo area
    Maximum building size of 75,000 SF with allowable uses including retail, office, and medical
    Completed offsites and Blue Top pad; NNN lease type with negotiable TI allowance
    Access via the Prado Road freeway overpass connecting Dalidio Road at San Luis Ranch to Prado Road (east of Highway 101)
    View details
    Construction-Ready Hotel Site
    Updated: Jul 9
    Construction-Ready Hotel Site

    2223 Monterey Street, San Luis Obispo, CA 93401

    Contact for pricing
    2,410 sqft 4.21 AC lot
    Fully entitled for an 83‑key hotel on a freeway‑adjacent site
    4.21‑acre property along US Highway 101 with 46,500 CPD
    Construction‑ready opportunity with immediate highway access
    Can be re‑entitled as a mixed‑use project with allowed residential and commercial uses
    Former site of the original Motel Inn, the “World’s First Motel”
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    Entitled Hotel Project Near Airport
    Entitled Hotel Project Near Airport

    950 Aero Dr, San Luis Obispo, CA 93401

    Contact for pricing
    131,074 sqft 3.01 AC lot

    Fully entitled hotel project near San Luis Obispo Airport.

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    Neighborhood Commercial Development Site
    Neighborhood Commercial Development Site

    2040 Prado Road, San Luis Obispo, CA 93401

    $3,900,000
    3.59 AC lot

    A 3.59-acre neighborhood commercial site with a prepared pad and freeway visibility for retail, office, or medical uses.

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    Shovel-Ready Mixed-Use Development
    Shovel-Ready Mixed-Use Development

    655 Monterey Street, San Luis Obispo, CA 93401

    $6,930,000

    Shovel-ready downtown infill parcel fronting San Luis Obispo Creek, with planned retail, restaurant, open-air plaza, parking, and hotel.

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    Commercial Land For Sale
    Commercial Land For Sale

    1035 Peach St 203, San Luis Obispo, CA 93401

    $475,000
    0.20 AC lot

    Commercial land available for sale.

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    Mixed-Use Development Land
    Mixed-Use Development Land

    655 Monterey Street, San Luis Obispo, CA 93401

    $7,700,000

    Shovel-ready downtown infill site fronting San Luis Obispo Creek with planned retail, dining, open-air plaza, parking, and hotel components.

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    San Luis Obispo Manufacturing Lots
    San Luis Obispo Manufacturing Lots

    4120 Earthwood Ln, San Luis Obispo, CA

    Contact for pricing
    0.21 AC lot

    Manufacturing lots for sale in San Luis Obispo, California.

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    San Luis Obispo Manufacturing Lots
    San Luis Obispo Manufacturing Lots

    4135 Earthwood Ln, San Luis Obispo, CA

    Contact for pricing
    0.21 AC lot

    Manufacturing lots for sale in San Luis Obispo, California.

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    San Luis Obispo Manufacturing Lots
    San Luis Obispo Manufacturing Lots

    4145 Earthwood Ln, San Luis Obispo, CA

    Contact for pricing
    0.21 AC lot

    Manufacturing lots for sale in San Luis Obispo, California.

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    San Luis Obispo Commercial Parcels
    San Luis Obispo Commercial Parcels

    250 Tank Farm Road, San Luis Obispo, CA 93401

    Contact for pricing
    6.90 AC lot

    Improved commercial parcels in a high-growth San Luis Obispo location.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 11 Active listings in San Luis Obispo, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Grover Beach Mixed-Use Redevelopment Opportunity
    Grover Beach Mixed-Use Redevelopment Opportunity

    294 N 4th St, Grover Beach, CA 93433

    $999,000
    0.26 AC lot

    Two parcels totaling 11,326 SF in Grover Beach.

    View details
    Downtown Retail Property with Three Lots
    Downtown Retail Property with Three Lots

    1250 Price Street, Pismo Beach, CA 93449

    $1,199,000

    Three separate lots include an existing 1,078 sq ft commercial store at 1250 Price Street in Pismo Beach.

    View details
    General Commercial Land Parcel
    General Commercial Land Parcel

    100 Cliff Ave, Pismo Beach, CA 93449

    $1,250,000

    Zoned general commercial with second-floor residential allowance and coastal views over Dinosaur Caves Park.

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    Central Business Zoned Land with Easement
    Central Business Zoned Land with Easement

    1206 W Grand Avenue, Grover Beach, CA 93433

    Contact for pricing
    0.50 AC lot

    High-visibility half-acre parcel zoned Central Business with an easement providing access out to 13th Street.

    View details

    Off-Market Properties in San Luis Obispo, CA

    Consider similar Off-Market properties in San Luis Obispo, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    3802 Rancho Oaks Dr
    VACANT COMMERCIAL LAND

    3802 Rancho Oaks Dr, San Luis Obispo, CA 93401

    Value Estimation by Request
    0.15 AC lot
    View details
    3976 Steel Way
    VACANT COMMERCIAL LAND

    3976 Steel Way, San Luis Obispo, CA 93401-7000

    Value Estimation by Request
    0.61 AC lot
    View details
    Aerovista Pl
    VACANT COMMERCIAL LAND

    Aerovista Pl, San Luis Obispo, CA 93401

    $1,895,000
    Estimated value
    2.60 AC lot
    View details
    2040 Prado Rd
    VACANT COMMERCIAL LAND

    2040 Prado Rd, San Luis Obispo, CA 93405

    $2,300,000
    Estimated value
    3.59 AC lot
    View details
    3469 Empresa Dr
    VACANT COMMERCIAL LAND

    3469 Empresa Dr, San Luis Obispo, CA 93401-7328

    Value Estimation by Request
    0.44 AC lot
    View details
    1480 Monterey St
    VACANT COMMERCIAL LAND

    1480 Monterey St, San Luis Obispo, CA 93401-2926

    Value Estimation by Request
    0.17 AC lot
    View details
    4640 Broad St
    VACANT COMMERCIAL LAND

    4640 Broad St, San Luis Obispo, CA 93401

    $650,000
    Estimated value
    2.06 AC lot
    View details
    3745 Sueldo St
    VACANT COMMERCIAL LAND

    3745 Sueldo St, San Luis Obispo, CA 93401

    $5,100,000
    Estimated value
    1.22 AC lot
    View details
    3715 Sueldo St
    VACANT COMMERCIAL LAND

    3715 Sueldo St, San Luis Obispo, CA 93401

    $5,100,000
    Estimated value
    1.84 AC lot
    View details
    900 Higuera St, Unit BLK
    VACANT COMMERCIAL LAND

    900 Higuera St, San Luis Obispo, CA 93401-3602

    Unit BLK
    $640,000
    Estimated value
    0.12 AC lot
    View details
    213 Granada Dr
    VACANT COMMERCIAL LAND

    213 Granada Dr, San Luis Obispo, CA 93401-7318

    Value Estimation by Request
    0.39 AC lot
    View details
    4115 Santa Fe Rd
    VACANT COMMERCIAL LAND

    4115 Santa Fe Rd, San Luis Obispo, CA 93401-8159

    Value Estimation by Request
    1.00 AC lot
    View details
    764 Caudill St
    VACANT COMMERCIAL LAND

    764 Caudill St, San Luis Obispo, CA 93401-5730

    $1,600,000
    Estimated value
    460 sqft 0.13 AC lot
    View details

    San Luis Obispo, CA Commercial Land Market Trends and Statistics

    Explore 72 commercial land for sale in San Luis Obispo, CA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 963,591 square feet of properties for sale, with an estimated market value of $22,905,000.

    Sale prices for commercial lots in San Luis Obispo, CA start at $475,000, averaging $4,581,000, and reaching up to $7,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Commercial land 14
    Industrial land 9
    Residential land & home lots 5
    Agricultural land / Farmland 3
    Waterfront Land 2

    Demographics Overview

    Population 79K
    Population Growth (5Y) -12.3%
    Median Household Income $82,388
    College Educated 27.6%

    High-Yield Neighborhoods for Investment

    Identify San Luis Obispo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93401 $3.7M

    Taxes & Financing

    Tax Rate (average for all types) 1.14%
    Property Tax per SF $13.51 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in San Luis Obispo County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in San Luis Obispo fall within the 1 to 5 acres range.

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