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Entitled Hotel Project Near Airport
For Sale
$11,000,000

950 Aero Drive, San Luis Obispo, CA 93401

Fully entitled hotel project near San Luis Obispo Airport.

Property SizeContact for details
Lot Size3.01 Acres
Days on Market159

Property Features for 950 Aero Drive

General Information

Standard status Active
Lot size 3.01 Acres
Property subtype Lots/Land
Listing Agency: McCarty Davis, Inc.
Listed By: Steve Davis · License #01843738
Source: Exitrealty
Added: Mar 27 Changed: Aug 25 Last Checked: Aug 31 at 5:07PM

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 McCarty Davis, Inc.

Investment Insights

Based on property information with market context.

This is a rare opportunity to purchase 950 Aero Dr., a fully entitled hotel project. The property is located directly adjacent to the San Luis Obispo Airport and centered in the new health care and tech corridor of San Luis Obispo. The property size is 131074 square feet. Construction documents have been approved.

Key Highlights

  • Fully entitled hotel project ready for construction.
  • Located directly adjacent to the San Luis Obispo Airport.
  • Centered in the new health care and tech corridor of San Luis Obispo.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Auto Parts Store Restaurant HVAC Service Garden Center Nail Salon Grocery & Convenience 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

903
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Fully entitled hotel project near San Luis Obispo Airport.
Where is this commercial land located?
The property is located at 950 Aero Drive San Luis Obispo, CA.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Fully entitled hotel project ready for construction.; Located directly adjacent to the San Luis Obispo Airport.; Centered in the new health care and tech corridor of San Luis Obispo.
More about this property
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