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Property profile

1551 Bishop St Ste 420 San Luis Obispo, CA 93401

OFF-MARKET
Medical Office Space
Property ID
US09-0103052
1,628 SF 0.04 ac lot Built 1987
Last sale Dec 2008 · $749,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 1,659-square-foot medical office suite (Unit B210) is located within the Bishop Street Medical Complex. The interior is configured for day-to-day medical office use and includes a large doctors’ office, five exam rooms, nurses’ workstations, a reception area, and two restrooms, supporting an arranged patient flow with dedicated staff support spaces. The suite provides access to parking associated with the complex for patients and visitors.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$865k
Assessed land$450k
Assessed improvement$415k
Effective rate1.11%

Value estimate

· Oct 2026
$1.10M
$986k – $1.20M
AI approach$1.08M
CAP approach$690k
Submarket $/SF estimate$904k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$427/SF
Submarket average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$180 – $555

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
O
The O zone is intended to provide for a diversity of office uses that meet the needs of private businesses and a range of public administ...
General categoryCOMMERCIAL
JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.1
Electrical Service11.0
Pawn Shop10.1

Location

1551 Bishop St Ste, Unit 420 San Luis Obispo, CA 93401-4663
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
891 Pismo, San Luis Obispo, CA 93401-4017 $610,000 Mar 2021 2,048 SF
1100 Grv, San Luis Obispo, CA 93401-2914 $768,500 Dec 2020 1,298 SF
743 Pismo, San Luis Obispo, CA 93401-3921 $340,000 Nov 2020 2,556 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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