189 Granada DrSan Luis Obispo, CA 93401

  • Retail properties
  • 7,250 SF
For Lease
$18/SF/YR View listing

Property Details for 189 Granada Dr

Year built
1984
Construction
WOOD
Lot size
0.41 AC
Property size (Sq ft)
7,250 SF
Zone code
CS
Property type
Retail properties
Property subtype
Other retail properties
APN
053-252-032
APU
53252032

Description

This exceptional 7,250-square-foot property in San Luis Obispo, CA, presents a unique opportunity for businesses seeking a blend of warehouse and office space. Located at 189 Granada Dr, 93401, near Empleo St, this single-tenant building boasts a prime industrial location. The warehouse component comprises approximately 4,750 square feet, featuring two loading docks and ample enclosed outdoor storage ideal for equipment or materials. The office space, totaling approximately 2,500 square feet, offers a well-designed layout including six private offices, a reception area, a conference room, a kitchenette/break area, and a spacious second-floor open office area. A bonus 1,000-square-foot mezzanine provides additional versatile space. The building is a two-story structure with an 18-foot ceiling height in the warehouse. Power is supplied by a 400-amp service. Ample parking is available with 16 spaces on the property. The property is zoned C-S and its APN is 053-252-032. This immediately available property offers a rare combination of space, location, and amenities in a highly desirable San Luis Obispo industrial area. Don't miss this chance to secure a fantastic location for your business.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,510,874
    6.5%
    $1,394,653
    7%
    $1,295,035
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,426,077
    Geo Method
    $4,759,310
  • Alternative Use

    Use
    Valuation
    Residential
    $1,176,442
    Hospitality
    $1,077,615
    Educational
    $896,563
    Medical
    $927,397
    Retail
    $1,394,653
189 Granada Dr, San Luis Obispo, California
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Location Insight

City
San Luis Obispo
County
San Luis Obispo
State
California
Latitude
35.2507
Longitude
-120.669
CBSA code
42020
CBSA name
SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,710
$394,048
$394,048
$788,096
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