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Neighborhood Commercial Development Site

2040 Prado Road San Luis Obispo, CA 93401

2040 Prado Road, San Luis Obispo, CA, 93401
$3,900,000
For Sale
$3,900,000

A 3.59-acre neighborhood commercial site with a prepared pad and freeway visibility for retail, office, or medical uses.

Lot Size3.59 Acres
Days on Market393

Property Features for 2040 Prado Road

General Information

Standard status
Active
Lot size
3.59 Acres
Property subtype
Lots/Land
Listing Agency Hart Commercial Real Estate
Listed by Jason Hart · License #01334694
Source Exitrealty
Added: Jun 20, 2025 Checked: Jul 17 at 5:22 am

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 Hart Commercial Real Estate


Investment Insights

Based on property information with market context.

Lot 9 of San Luis Ranch is a neighborhood commercial development site totaling 3.59 acres gross. The site condition is described as completed offsites with a Blue Top pad in place, supporting an expedited early phase for construction planning. The maximum building size is listed as 75,000 SF. Zoning is Neighborhood Commercial, with allowable uses including retail, office, and medical, subject to the full use list provided.

The property is positioned for visibility from the freeway and is described as centrally located within San Luis Obispo’s San Luis Ranch area. Access is supported by a Prado Road freeway overpass connecting Dalidio Road at San Luis Ranch to Prado Road on the east side of Highway 101, along with other major road connections noted in the remarks.

This site is well suited for tenants or developers seeking a retail, office, or medical destination within a planned community. The listing also notes that ownership may be willing to divide the property into 2 or 3 parcels, and that ground lease options are available, which may broaden flexibility for operators evaluating space requirements and timing.

Key Highlights

  • 3.59‑acre (156,380 SF) neighborhood commercial site in San Luis Ranch with a prepared Blue Top pad
  • Freeway visibility from the site and convenient access via the Prado Road freeway overpass connecting Dalidio Road to Prado Road (east of Hwy 101)
  • Max building size of 75,000 SF for potential neighborhood commercial development

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Restaurant Real Estate Agency Dental Office Big Box & Wholesale Store Storage Facility HVAC Service Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Barber Shop

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

FAQs

What type of property is this?
Commercial land - A 3.59-acre neighborhood commercial site with a prepared pad and freeway visibility for retail, office, or medical uses.
Where is this commercial land located?
The property is located at 2040 Prado Road San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 3.59‑acre (156,380 SF) neighborhood commercial site in San Luis Ranch with a prepared Blue Top pad; Freeway visibility from the site and convenient access via the Prado Road freeway overpass connecting Dalidio Road to Prado Road (east of Hwy 101); Max building size of 75,000 SF for potential neighborhood commercial development
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