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Property profile & analytics
OFF-MARKET Estimated value $5,700,000
Strip malls

12300 Los Osos Vly Rd San Luis Obispo, CA 93405-7220

17,708 SF 2.39 ac lot Built 1987
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1762511
Property summary
AI-generated overview

The Bear Valley Center, located at 12300 Los Osos Valley Rd, San Luis Obispo, CA 93405, offers exceptional office space for lease. This single-story building totals 24,496 square feet and currently has 6,641 square feet of vacant space available. Multiple suites are available, ranging from a minimum of 892 square feet to a maximum contiguous space of 2,107 square feet. The property is classified as retail, office, and restaurant space, with the available units specifically designated as traditional office space. The center enjoys a prime location with convenient access to US 101 and proximity to major retailers including Target, Costco, Home Depot, and Whole Foods. This well-maintained property presents a fantastic opportunity for businesses seeking versatile and conveniently located office space in San Luis Obispo County. The property is situated in a thriving commercial area, offering excellent visibility and accessibility for employees and clients alike. The available spaces are adaptable to a variety of business needs, making it an ideal location for companies of various sizes. Inquire today to learn more about leasing opportunities at this desirable San Luis Obispo location.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1987
Construction STEEL FRAME
Total area 17,708 SF
Lot 2.39 ac (104,108 SF)
Zoning code CS
APN 053-151-019
UPID US09-1762511
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.70M
CAP Approach CAP
$3.90M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.70M
Owner & transaction history
Las Sombras Village LLC · 2 yrs held
Las Sombras Village LLC
since 2024
Last sale
$5.7M
4 recorded transactions
2024
$5.7M
1999
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CS · San Luis Obispo, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $4.6M +277.7%
Commercial (general) $4.4M +267.9%
Restaurant $4.3M +257.4%
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