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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
Lot Size7.29 Acres
Days on Market255

Property Features for 197 Suburban Rd

General Information

Standard status Pending
Lot size 7.29 Acres
Property subtype Land
Listing Agency: Colliers - San Luis Obispo, California
Listed By: Preston Thomas · License #01378821
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:58PM

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 - San Luis Obispo, California

Investment Insights

Based on property information with market context.

This is a large parcel zoned for manufacturing located in the City of San Luis Obispo. The zoning allows for a variety of uses. The property is a level, rectangular parcel that offers multiple development options, including mini storage, warehouse or industrial facilities, and single-tenant owner or user buildings. Subdivision into smaller commercial lots is also a possibility. The property benefits from easy access to the freeway. The owner may consider carrying back a first trust deed.

Key Highlights

  • Largest Manufacturing (M) Zoned Parcel in San Luis Obispo
  • Rare and Desirable Zoning Allows Many Uses
  • Level, Rectangular Parcel Ideal for Development

Property Analytics

Current Use

Commercial 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

800
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?
Land - Large manufacturing-zoned parcel with development options and freeway access.
Where is this 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 in San Luis Obispo; Rare and Desirable Zoning Allows Many Uses; Level, Rectangular Parcel Ideal for Development
More about this property
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