Property profile

599 Higuera St San Luis Obispo, CA 93401

FOR LEASE
Retail space
Saved · see the list in your Dashboard
Property ID
US09-2944157
10,022 SF 0.31 ac Built 1986
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

This office property contains approximately 1,281 square feet and is configured with private offices and a kitchenette to support professional use. The space is arranged in suites that preserve the existing layout and interior improvements, and it was constructed in 1986 with a California Mission architectural design. The building is located on the corner of Higuera and Nipomo Streets in Downtown San Luis Obispo, at 599 Higuera Street. On-site parking is available, with Suite H having one dedicated parking space.

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?
$15k
Tax billed · 2024
Assessed value$1.35M
Assessed land$196k
Assessed improvement$1.15M
Effective rate1.11%

Value estimate

· Nov 2026
$1.33M
$1.20M – $1.46M
Submarket $/SF estimate$1.80M
NOI build-up
Gross scheduled income$34k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 1,444,969.70% cap applied$24k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$334/SF
Submarket average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$180 – $470

Cap rate analysis

How does the asset earn?
1,444,969.70%
$24k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CS
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 Service12.7
Electrical Service9.6
Pet Grooming Service8.7

Location

599 Higuera St San Luis Obispo, CA 93401
County assessor Recorded deeds · 3 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2640 Broad, San Luis Obispo, CA 93401-5707 $2,775,000 Jul 2024 6,460 SF
1203 Marsh, San Luis Obispo, CA 93401-3325 $1,040,000 Jul 2024 6,200 SF
894 Monterey, San Luis Obispo, CA 93401-3225 $907,000 Mar 2024 10,188 SF
641 Higuera St, San Luis Obispo, CA 93401-0508 $5,050,000 Sep 2023 16,212 SF
2161 Broad, San Luis Obispo, CA 93401-5246 $1,700,000 Dec 2021 6,616 SF
560 Higuera, San Luis Obispo, CA 93401-3850 $2,950,000 Nov 2020 12,037 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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