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Neighborhood Commercial Land
For Sale
$3,900,000

2040 Prado Road, San Luis Obispo, CA 93401

Land, San Luis Obispo, CA

Property SizeContact for details
Lot Size3.59 Acres
Days on Market431

Property Features for 2040 Prado Road

General Information

Property type Land
Property subtype Other
Zoning NC
Subdivision San Luis Obispo(380)
Lot features Level
View Hills
Directions Madonna or Froom Ranch to Prado
Standard status Active
APN 053153007
Lot size 3.59 Acres

Utilities

Water source Public
Listing Agency: Hart Commercial Real Estate
Listed By: Jason Hart · License #01334694
Added: Jun 19, 2025 Changed: Aug 20 Last Checked: Aug 23 at 1:06AM
MLS# PI25137660

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3.59-acre commercial land site contains 156,380 square feet and is prepared with a blue-top pad and completed offsite improvements. The property is zoned Neighborhood Commercial (NC), with a maximum building size of 75,000 square feet. Allowable uses include retail, office, and medical, with additional uses identified in the applicable use chart.

The parcel is part of San Luis Ranch and has freeway visibility near Highway 101. The surrounding planned community includes 580 homes, 299 future units, a 200-room hotel, an organic farm, and a marketplace. Prado Road and Dalidio Road are connected by the Prado Road freeway overpass, with additional major road connections serving the area.

Ownership may consider dividing the site into two or three parcels. Ground lease options are available, and public water service is present.

Key Highlights

  • 3.59 acres gross, totaling 156,380 SF
  • Maximum building size of 75,000 SF
  • NC zoning with retail, office, and medical uses allowed

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Restaurant Real Estate Agency Dental Office Big Box & Wholesale Store Storage Facility HVAC Service

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

589
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - The site includes a blue-top pad, completed offsite improvements, and public water service.
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 acres gross, totaling 156,380 SF; Maximum building size of 75,000 SF; NC zoning with retail, office, and medical uses allowed
More about this property
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