16Th St San Miguel, CA 93451
- Land
- 0.90 lot acres
Current Use by Public Records
- Land
Property Details for 0 16Th St
- Lot size
- 0.90 lot acres
- Property type
- Land
Description
Exceptional development opportunity awaits with this 0.9-acre commercial land parcel located at 0 16th St, San Miguel, CA 93451 (APN 021151043). Priced at $699,000 ($17.92/sq ft), this property presents significant potential for various uses. The land consists of two adjacent corner lots combined under a single APN, offering unparalleled convenience and flexibility. Situated near the Mission Meadows neighborhood, the property benefits from readily available utilities at the street. The Bonita side boasts existing curbs, sidewalks, and gutters, streamlining development efforts. Explore the possibility of subdividing the property into multiple lots or developing multi-family housing, subject to San Luis Obispo County approvals. An existing Certificate of Compliance from a prior subdivision is available. The RS zoning allows for a wide range of uses, including but not limited to: accessory dwelling units (ADUs), mobile home parks, multi-family dwellings, nursing and residential care facilities, vacation rentals, single-family homes, and workforce housing. The zoning permits up to 38 units per acre, maximizing development potential. This is a rare opportunity to acquire a strategically located, well-positioned commercial lot in the desirable San Miguel area. Don't miss this chance to capitalize on this exceptional investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Miguel
- County
- San Luis Obispo
- State
- California
- Longitude
- -120.695
- Latitude
- 35.7552
