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Property profile

820 Capitolio Way San Luis Obispo, CA 93401

FOR LEASE
Other warehouses
Property ID
US09-0610582
11,870 SF 0.64 ac lot Built 1990
Last sale Dec 1989 · $396,500
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This high-bay industrial building is located off Sacramento Street within an established manufacturing zone in San Luis Obispo. It is configured for warehousing and manufacturing uses and includes multiple private offices, a kitchenette, and two restrooms. The facility is supplied with 400 amps of three-phase electrical service. Historically, it was used for food storage and distribution, including an area that provided operational cold storage and an upstairs mezzanine. The main warehouse is accessed via three dock-high doors, each equipped with McGuire dock levelers.

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?
$13k
Tax billed · 2024
Assessed value$1.17M
Assessed land$452k
Assessed improvement$720k
Effective rate1.11%

Value estimate

· Oct 2026
$1.20M
$1.08M – $1.32M
Submarket $/SF estimate$1.60M
NOI build-up
Gross scheduled income$182k
Vacancy & credit loss−$6k
Operating expenses−$53k
NOI · 9,115,555.56% cap applied$123k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$191/SF
County average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$129 – $284

Cap rate analysis

How does the asset earn?
9,115,555.56%
$123k 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?
M
M Industrial BP Business Park Overlay Zones D Downtown Overlay SP Specific Plan H Historic Overlay MU Mixed-Use Overlay S Special Conside...
General categoryINDUSTRIAL
JurisdictionSAN LUIS OBISPO

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant22.1
Dental Office19.9
Wholesale Shop15.5

Location

820 Capitolio Way San Luis Obispo, CA 93401
County assessor Recorded deeds · 5 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
745 Buckley, San Luis Obispo, CA 93401-8135 $4,367,500 Oct 2024 9,020 SF
684 Clarion, San Luis Obispo, CA 93401-8177 $3,400,000 Nov 2023 9,630 SF
6 Higuera, San Luis Obispo, CA 93401-5415 $520,000 Jun 2023 10,000 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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