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    Froom Ranch Way San Luis Obispo, CA 93401

    Sponsored
    For Lease
    $42 SF/Yr

    Prime San Luis Obispo Retail & Farmland

    Lot size:
    33,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 45-acre San Luis Obispo County property, located off Highway 101 near Dalidio, presents a unique investment opportunity. The 33,500 square foot development, completed in 2022, comprises five buildings offering diverse commercial spaces. Available space ranges from 1,000 to 10,000 contiguous square feet, ideal for a variety of retail uses. The property includes a planned 3,000 square foot open-air market, a 5,000 square foot restaurant space with indoor/outdoor seating, and up to 10,000 square feet for retail shops. Additional space is available for agricultural processing (winery, brewery, etc.), totaling up to 10,000 square feet. A historic house is repurposed as a cultural heritage center, with potential for office or classroom use. Amenities include 75 parking spaces and a planned outdoor bar and event stage. The expansive property also features nearly 40 acres of farmland, a one-acre interactive seasonal crop area, animal pens, community garden plots, and up to 10,000 square feet of farm storage buildings. This development seamlessly blends commercial opportunities with the charm of a working farm, offering a unique and attractive location in the heart of San Luis Obispo (zip code 93401). The property is situated at Froom Ranch Way, San Luis Obispo, CA.

    Property Features for 0 Froom Ranch Way

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    33,500 SF
    Total Rate
    117250

    Building Details

    Year Built
    2022
    Buildings
    5

    Unit(s) available at that property

    Space
    AG Processing
    Size
    1,988 SF
    Rate per SF
    $42

    HighLights

    • High‑traffic Hwy 101 visibility.
    • Prime location on new arterial road connecting Irish Hills and Madonna Plaza shopping centers.
    • Ample outdoor seating available for tenants.
    • Popular destination for local residents and tourists.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    San Luis Obispo
    County
    San Luis Obispo
    State
    California
    Longitude
    -120.6876858
    Latitude
    35.2525459

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    FAQs

    What type of property is this?
    Restaurant - Prime San Luis Obispo Retail & Farmland
    Where is this restaurant located?
    The property is located at Froom Ranch Way San Luis Obispo, CA.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: High-traffic Hwy 101 visibility.; Prime location on new arterial road connecting Irish Hills and Madonna Plaza shopping centers.; Ample outdoor seating available for tenants.
    Request Owner's contact information
    Froom Ranch Way San Luis Obispo, CA 93401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Froom Ranch Way San Luis Obispo, CA 93401
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