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San Luis Obispo Manufacturing Parcel
For Sale
$6,900,000
Pending

197 Suburban Rd, San Luis Obispo, CA 93401

Large manufacturing-zoned parcel with development options and freeway access.

Property SizeContact for details
Days on Market713

Property Features for 197 Suburban Rd

General Information

Standard status Pending
Property subtype Land
Listing Agency: Colliers Tingey International Inc.
Listed By: Preston Thomas · License #01378821
Source: Exprealty
Added: Sep 9, 2024 Changed: Aug 20 Last Checked: Aug 22 at 11:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers Tingey International Inc.

Investment Insights

Based on property information with market context.

This is the largest manufacturing-zoned parcel available in the City of San Luis Obispo. The zoning allows a variety of uses not permitted in other city zones. The level, rectangular parcel presents multiple development possibilities, including mini storage, warehouse or industrial facilities, a single-tenant owner/user property, or potential subdivision into smaller commercial lots. The property benefits from easy freeway access. The owner may consider carrying back a first trust deed.

Key Highlights

  • Largest Manufacturing (M) Zoned Parcel: Offering significant development potential in San Luis Obispo.
  • Rare and Desirable Zoning: The M zoning allows for a wide range of uses.
  • Development Options: Suitable for mini storage, warehouse/industrial, single‑tenant owner/user, or subdivision into smaller commercial lots.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Pharmacy Grocery & Convenience Store Parking Lot & Garage Hair Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

775
Businesses Nearby

Demographics for 93401, CA

29,877
Population
14,363
Households
2.1
Avg Household Size
39
Median Age
57%
College-Educated
96%
High-School Grad
64.2 sq mi
ZIP Area
465
Density / Sq Mi
$95,386
Median Household Income
$47,898
Median Earnings
$1,859
Median Rent
$943,500
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Large manufacturing-zoned parcel with development options and freeway access.
Where is this industrial land located?
The property is located at 197 Suburban Rd San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: Largest Manufacturing (M) Zoned Parcel: Offering significant development potential in San Luis Obispo.; Rare and Desirable Zoning: The M zoning allows for a wide range of uses.; Development Options: Suitable for mini storage, warehouse/industrial, single‑tenant owner/user, or subdivision into smaller commercial lots.
More about this property
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