Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1411 Marsh St San Luis Obispo, CA 93401

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Freestanding, renovated office space with reserved parking available for rent.

    Property size:
    936 SF
    Lot size:
    0.02 Acres

    Property Features for 1411 Marsh St

    General Information

    Size
    936 SF
    Lot size
    0.02 Acres

    We can help!

    Listing Contact
    Mark Anderson
    Mark Anderson
    Source: Moodyscre

    Listing Agent: Mark Anderson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Renovated Office Space For Rent

    The Marsh Street Pavilions is a multi-tenant office building served by an elevator and featuring subterranean parking. The available suite is a recently renovated, freestanding space fronting Marsh Street. The property has a size of 936 square feet and includes two reserved parking spots.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JDR Real Estate ... Property Management Company Dr. Allen R. ... Physician Camille Johnson, LMFT Counselor Daniel Conroy LCSW Family Counselor Boroczi Kimberly A Counselor

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    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
    -120.6540733
    Latitude
    35.2839716

    Nearby Similar for Lease

    • $1.70 SF/Yr
      52,467 SF

      Edna Valley Office Building Lease

      Office suite with three offices and a large bullpen area.
      735 Tank Farm Rd, San Luis Obispo, CA 93401
      View Details
    • $1.70 SF/Yr
      52,467 SF

      San Luis Obispo Office Space

      Office suite with 9 spaces, kitchenette, and shared conference room.
      735 Tank Farm Rd, San Luis Obispo, CA 93401
      View Details
    • $2 SF/Yr
      990 SF

      Edna Valley Office Space

      990 SF office suite in San Luis Obispo available for lease.
      735 Tank Farm Rd, San Luis Obispo, CA 93401
      View Details
    • $1.75 SF/Yr
      2,159 SF

      San Luis Obispo Office Space

      Professional office building near airport with upscale finishes and furnishings.
      735 Tank Farm Rd, San Luis Obispo, CA 93401
      View Details
    • $1.25 SF/Yr
      7,250 SF

      San Luis Obispo Warehouse and Office

      Warehouse and office space in a sought-after San Luis Obispo location.
      189 Granada Dr, San Luis Obispo, CA 93401
      View Details
    • $2,600 /Mo
      670 SF

      Retail Space Available For Rent

      Retail space available for rent, includes fixtures and furniture.
      3594 Broad St, San Luis Obispo, CA 93401
      View Details
    • $1,200 /Mo
      302 SF

      Downtown San Luis Obispo Office

      Office suite with reception area and reserved parking.
      1020 Marsh St, San Luis Obispo, CA 93401
      View Details
    • $1.85 SF/Yr
      18,036 SF

      Prime Retail Space in San Luis Obispo

      Anchored retail location with strong sales history and recent renovations.
      787 E Foothill Blvd, San Luis Obispo, CA 93405
      View Details
    • $0.93 SF/Yr
      7,197 SF

      Class A Office Space Available

      Ground floor office suite with upgraded finishes and private patios.
      895 Aerovista Pl, San Luis Obispo, CA 93401
      View Details
    • $1.85 SF/Yr
      4,268 SF

      New Office Space in SLO

      Shell condition office space available for rent in San Luis Obispo.
      1321 Osos St, San Luis Obispo, CA 93401
      View Details
    • $2,200 /Mo

      San Luis Obispo Office Space

      800 SF office space near downtown San Luis Obispo.
      725 Pacific St, San Luis Obispo, CA 93401
      View Details
    • $2,250 /Mo
      930 SF

      Remodeled Office Suite For Rent

      Remodeled office suite with mountain views in Fremont Medical Center.
      1250 Peach St, San Luis Obispo, CA 93401
      View Details

    FAQs

    What type of property is this?
    Office space - Freestanding, renovated office space with reserved parking available for rent.
    Where is this office space located?
    The property is located at 1411 Marsh St San Luis Obispo, CA.
    What is the lease rate?
    The lease rate is $1.75 SF/Yr.
    What are key features of this property?
    This property features: - Recently renovated, freestanding office space.; - Located in the Marsh Street Pavilions, a multi-tenant office building.; - Elevator served building.
    (469) 241-1222 Call to check price and availability
    Request Owner's contact information
    1411 Marsh St San Luis Obispo, CA 93401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1411 Marsh St
    San Luis Obispo, CA 93401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1411 Marsh St San Luis Obispo, CA 93401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Mark Anderson
    Mark Anderson
    (469) 241-1222 (805) 543-1400
    Learn more
    Google sign-in failed. Please try again or use another login method.