Financial
Distress signals
Property profile

2040 Prado Rd San Luis Obispo, CA 93401

FOR LEASE
Commercial land
Property ID
US09-5587719
3.59 ac lot
Last sale Dec 2024 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Lot 9 of San Luis Ranch is a neighborhood commercial development site totaling 3.59 acres (gross). The site has completed off-site improvements and features a Blue Top pad in place, and the maximum building size is identified as 75,000 square feet. The property is zoned Neighborhood Commercial, with allowable uses that include retail, office, and medical (subject to the full range of permitted uses under the zoning ordinance). The site is located in San Luis Obispo’s San Luis Ranch area and is

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$934k
Assessed land$934k
Effective rate1.11%

Value estimate

· Sep 2026
$2.30M
$2.07M – $2.53M
AI approach$2.30M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$489/SF
Submarket average, outlier-cleaned · 68 recorded sales of this use type
Observed band · Q1–Q3$218 – $780

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?
CN
JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.2
Kitchen & Bath10.0
Garden Center9.7

Location

2040 Prado Rd San Luis Obispo, CA 93401
County assessor Recorded deeds · 1 transfer 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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