0 O'connor Way San Luis Obispo, CA 93405
This exceptional 143-acre ranch, located in San Luis Obispo County, CA (APN: 067-051-022), presents a unique investment opportunity. Situated near Avila Beach and Morro Bay, yet minutes from downtown San Luis Obispo, this property boasts panoramic views, including Pacific Ocean glimpses. The land is primarily rolling hills with approximately 40 acres of relatively flat terrain, offering several potential building sites. The ranch features a recently improved access road, multiple natural springs, and an agricultural well producing approximately 27 gallons per minute at only 16 feet. Currently unimproved, the property is fenced and zoned for agriculture, previously used for cattle grazing. The soil composition includes clay, loam, and rock outcroppings. Benefitting from the Williamson Act, resulting in a lower tax basis, this property also has the possibility of an assumable low-interest-rate loan. The asking price is $1,787,500. Don't miss this chance to own a stunning piece of the Central Coast.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.