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    2040 Prado Rd San Luis Obispo, CA 93401

    Sponsored
    For Lease
    Contact for pricing

    Commercial Lease - San Luis Obispo, CA

    Property size:
    75,000 SF
    Days on Market:
    323
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 2040 Prado Rd

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    053153007
    Size
    75,000 SF

    Building Details

    Architectural style
    Other

    Hart Commercial Real Estate (805) 481-9010 [email protected]

    Listing agent Jason Hart (805) 481-9010

    Listing date Feb 17, 2025

    MLS# PI25035062 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Commercial Land for Lease

    This is Lot 9 of San Luis Ranch, a planned community in San Luis Obispo, California. The 3.59-acre site (156,380 square feet) offers high visibility from the freeway. San Luis Ranch includes 580 homes, a future 299 units, a 200-room hotel, and an organic farm and marketplace. The Prado Road freeway overpass connects Dalidio Road at San Luis Ranch to Prado Road, providing accessibility. The maximum building size is 75,000 square feet. Zoned Neighborhood Commercial, allowable uses include retail, office, and medical. The site condition is completed offsites and a Blue Top pad. Ownership may be willing to divide the land into 2 or 3 parcels. Ground lease or sale options are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Luis Obispo
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.654956
    Latitude
    35.258326

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    FAQs

    What type of property is this?
    Commercial land - Highly visible 3.59-acre commercial land in San Luis Obispo.
    Where is this commercial land located?
    The property is located at 2040 Prado Rd San Luis Obispo, CA.
    What are key features of this property?
    This property features: - Highly visible site from the freeway in the sought-after San Luis Obispo area.; - Located within San Luis Ranch, a master-planned community with 580 homes, 299 future units, a 200-room hotel, and an organic farm/marketplace.; - Excellent accessibility due to the Prado Road freeway overpass and other major road connections.
    (805) 481-9010
    Request Owner's contact information
    2040 Prado Rd San Luis Obispo, CA 93401
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    San Luis Obispo, CA 93401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2040 Prado Rd San Luis Obispo, CA 93401
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