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Property profile & analytics
FOR LEASE
Commercial land

250 Tank Farm Rd San Luis Obispo, CA 93401

Property ID
US09-Q012363
250 Tank Farm Rd, San Luis Obispo, CA 93401 For Lease
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250 Tank Farm Rd, San Luis Obispo, CA 93401
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Property summary
AI-generated overview

Hayes Commercial Group introduces an exclusive opportunity to acquire or lease six highly improved parcels (together or separately) spanning 1.04 to 6.9 acres, featuring flexible Service Commercial (CS) zoning in a dynamic region of San Luis Obispo, California. These parcels are strategically located within one of California's top 10 fastest-growing counties, and they benefit from Tank Farm Road—an essential east/west transportation corridor connecting Higuera St and Broad St thoroughfares. Moreover, Tank Farm Road's proximity to four expansive developments promises to enhance traffic flow to the area, amplifying the Property's versatile potential. Engineered soils on each parcel, along with redundant fiber optic connectivity, ample power, and connection to City services, establish an optimal environment for diverse applications, encompassing retail, industrial, multifamily, medical office, and self-storage. With the Property positioned at the epicenter of growth and offering the flexibility of purchase, ground lease, or build-to-suit arrangements, it stands out as an alluring opportunity for investors, developers, and businesses aiming to harness the upward trajectory of San Luis Obispo's growth. The Commercial Service (C-S) zone is intended to provide for a wide range of service and manufacturing uses to meet local needs and some demands of the region, including services, limited retail, and other business service uses that may be less appropriate in the city’s other commercial zones. The C-S zone is also intended to accommodate certain storage, transportation, wholesaling, and light manufacturing uses. The C-S zone is intended to be applied primarily to areas that have more public exposure on arterial streets than areas reserved for manufacturing uses. The Airport Area Specific Plan Area (SP) envisions a mixture of open space, agriculture, business parks and industrial development. Plans for the Airport Area include reuse and regeneration of the natural and built environment; public, private, and environmental value enhancement; and smart and sustainable growth that benefit the community economically, aesthetically and environmentally.

Property profile
Verified
Property type Commercial land
UPID US09-Q012363
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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