$3,795,000 1109 Kendall Road San Luis Obispo, CA

MLS: SP20117175   Type: Land   County: San Luis Obispo   City: San Luis Obispo   Neighborhood: San Luis Obispo   Zip: 93401  

Mortgage $17,817 /mo

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Unimproved commercial parcel. Currently showing 3 separate parcels with 3 separate APN's. Lot line adjustments have reconfigured the parcels to be 2 parcels - corner parcel at 2.53 gross acres and interior parcel at 1.5 gross acres. Owner in process of trying to get the parcel map corrected with the County of SLO. Property is currently in the County of SLO, with annexing into the City of SLO currently in process. Check allowed uses with both depending on time frame to develop. Currently approved entitlements for building (attached file) is for a 2 story office use building consisting of 45291 square feet and parking ratio at 5 per 1000 feet. CS zoning allows for different uses in the County versus the City of SLO. Broker/Owner will consider options - build to suit, build and partial sale to a user, carry partial note with substantial down, build for a tenant to lease and future sale, etc. Broker/owner is open to other considerations and uses (if approved by the County or City of SLO - depending on final annexation). Property is owned F/C and can finance building of this project for an end user. Submit any requests for sellers consideration. Sale of both properties must be contingent on Seller finding a replacement property and completing a 1031 exchange. Details in private remarks for Brokers.

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Price History

6/13/2021 Listed $3,795,000

Additional Parcels Y/N Yes
Association Y/N Yes
Community Features Foothills, Gutter(s), Storm Drain(s), Street Lights, Sidewalks
Land Lease Y/N No
Listing Agent Louie Gregorio - BRE#00862997
Listing Agent State License 00862997
MLS Area SLO - San Luis Obispo
Property Type Land
Senior Community Y/N No
Special Listing Conditions Standard
Subdivision Name San Luis Obispo(380)
Terms Cash, Cash to New Loan, 1031 Exchange, Owner May Carry, Private Financing Available
Utilities Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
View Hills
Zoning CS

Exterior Features

Lot Dimensions 175, 546
Lot Features Corner Lot, Lot Over 40000 Sqft, Level, Street Level
Lot Size Acres 4.03
Lot Size Area 175546.8
Lot Size Source Survey
Lot Size Square Feet 175547
Lot Size Units Square Feet
View Y/N Yes
Water Source Private

Property Schools



Direct Link:

https://www.lahomesbyjackson.com/property/25-SP20117175-1109-Kendall-Road-San-Luis-Obispo-CA-93401

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Property vs Zip Code Avg (93401)

Price 3.79M Avg 2.32M

Acres 4.03 Avg 11.66

Visits 2 Avg 81

Days on Site 368 Avg 201

Walkscore® 16 Avg 37

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Louie Gregorio with Gregorio, Louie - Broker.




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Location & Address

Jackson Mosley - DRE#01128579
Corporate Office Location: 2603 Camino Ramon Suite 200
San Ramon, CA
818-518-0740