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    481 Madonna Rd San Luis Obispo, CA 93405

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    For Lease
    $3 SF/Yr

    Retail space available in high-traffic shopping center.

    Property size:
    1,398 SF
    Lot size:
    0.31 Acres

    Property Features for 481 Madonna Rd

    General Information

    Size
    1,398 SF
    Lot size
    0.31 Acres

    Source: Lockehouse Retail Group Agent Mike Hieshima

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

    Overview

    Retail Space in Regional Center

    This retail space, totaling 1398 square feet, is located within a regional shopping center. The center encompasses over 256,000 square feet of retail buildings situated on 16.5 acres next to Madonna Plaza. The location benefits from high traffic, with over 62,634 average daily traffic (ADT) along Highway 101. The shopping center is located in an area experiencing high residential growth. Current tenants include Sprouts and REI, with Hobby Lobby coming soon.
    Insight Report Location Intelligence

    Current Use by Public Records

    Spectrum Store Internet Service Provider Sport Clips Haircuts ... Barber Shop Spectrum Cable Company

    Suggested Use

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

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

    Similar Places Nearby

    California DMV Now Kiosk, Laguna Village Shopping Center, Slo Promenade, Prefumo Creek Commons, TENWISE PARK

    Location Insight

    • Map
    • Local Demand
    City
    San Luis Obispo
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6789572
    Latitude
    35.260988

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in high-traffic shopping center.
    Where is this shopping center located?
    The property is located at 481 Madonna Rd San Luis Obispo, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location: Over 62,634 ADT on Highway 101.; - Rarely available anchor position in a high-performing regional shopping center.; - Located in a high residential growth area.
    (650) 692-3400
    Request Owner's contact information
    481 Madonna Rd San Luis Obispo, CA 93405
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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
    481 Madonna Rd San Luis Obispo, CA 93405
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