Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2994 S Higuera St S 10 San Luis Obispo, CA 93401

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $135,000

    Mobile home in all-age park near downtown San Luis Obispo.

    Property Features for 2994 S Higuera St S 10

    General Information

    Property type
    Other
    Standard status
    Active

    Building Details

    Year built
    1982

    We can help!

    Listing Contact
    Patricia Curtis
    Source: Elliman

    Listing Agent: Patricia Curtis

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

    Learn more

    Property Insight Report

    Overview

    San Luis Obispo Mobile Home

    Located near downtown San Luis Obispo, this mobile home is situated in an all-age park. The home includes a bonus area suitable for an office, craft area, or play area. Parking space for one car is available directly in front of the home. The property is currently occupied, and viewing is available through an agent. The property is suitable for residential income or multifamily use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Coastal Creek Village Travel Agency

    Suggested Use

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

    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
    -120.6690578
    Latitude
    35.2597889

    Nearby Similar for Sale

    • $390,000
      2,296 SF

      San Luis Obispo Commercial Condo

      Commercial condo with outdoor patio, ideal for restaurant/café.
      2475 Victoria Ave, San Luis Obispo, CA 93401
      View Details
    • $3,900,000
      5,888 SF

      Historic Victorian Multifamily Investment Opportunity

      Iconic Victorian residence in downtown San Luis Obispo with development potential.
      687 Islay St, San Luis Obispo, CA 93401
      View Details
    • $15,000,000
      43,218 SF

      Winery Production Facility in Edna Valley

      Turnkey winery with high-capacity production and expansion potential.
      4915 Orcutt Rd, San Luis Obispo, CA 93401
      View Details
    • $1,150,000
      5,000 SF

      Downtown San Luis Obispo Investment

      Commercial property in downtown San Luis Obispo with investment potential.
      283 Higuera St, San Luis Obispo, CA 93401
      View Details
    • $390,000

      San Luis Obispo Retail Space

      Retail space with outdoor patio in San Luis Obispo, CA.
      2475 Victoria Ave, San Luis Obispo, CA 93401
      View Details
    • New
      $750,000
      22,000 SF

      San Luis Obispo Agricultural Cannabis Property

      123.67-acre agricultural property with cannabis entitlement in San Luis Obispo.
      2675 Cuyama Hwy, San Luis Obispo, CA 93254
      View Details
    • $475,000

      Updated Office Near Downtown SLO

      Versatile 1,290 SF office suite near downtown San Luis Obispo.
      1035 Peach St, San Luis Obispo, CA 93401
      View Details
    • $450,000

      Bright Office Suite with Views

      Third-floor office suite with natural light and city views.
      1035 Peach St, San Luis Obispo, CA 93401
      View Details
    • $6,900,000
      12,153,240.00 Acres

      285-Acre Vineyard and Citrus Ranch

      Premier San Luis Obispo ranch with vineyard, citrus, and rangeland.
      5502 Los Ranchos Rd, San Luis Obispo, CA 93401
      View Details
    • $525,000

      Medical Condo with Onsite Parking

      Well-appointed medical condo near Highway 101 with onsite parking.
      1250 Peach St, San Luis Obispo, CA 93401
      View Details
    • $799,000
      Pending

      Profitable Laundromat Business Opportunity

      Established laundromat business with growth potential in prime location.
      2020 Parker St, San Luis Obispo, CA 93401
      View Details

    FAQs

    What type of property is this?
    Mobile home & RV park - Mobile home in all-age park near downtown San Luis Obispo.
    Where is this mobile home & rv park located?
    The property is located at 2994 S Higuera St S 10 San Luis Obispo, CA.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: - Super location close to downtown.; - All age park.; - Bonus area for office, crafts, or play.
    (805) 456-3600
    Request Owner's contact information
    2994 S Higuera St S 10 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.
    2994 S Higuera St S 10
    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
    2994 S Higuera St S 10 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!
    Listing Contact
    Patricia Curtis
    (805) 456-3600
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!