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$3,795,000

1109 Kendall Road
San Luis Obispo, CA 93401

$3,795,000 / 0
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.
Market Status: Available
Last Updated: February 25, 2021
Status
Market Status
Available
Last Updated
February 25, 2021
Description
Property Type
Land
Architecture
Lots/Acreage

Location

  • MLS Area: Slo - San Luis Obispo

Lot Features

  • Water Utilities: Private Water Supply
  • Lot Size: Corner Lot

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More information about this $3,795,000 Land at 1109 Kendall Road

This $3,795,000 Land at 1109 Kendall Road in San Luis Obispo, CA is presented by Louie Gregorio and has been on the market for 255 days. This $3,795,000 Land, located in the 93401 zip code, has the following property features: Water Utilities, Lot Size, MLS Area. This 1109 Kendall Road Land, located in San Luis Obispo County , is listed under MLS listing number SP20117175 and has a listing price of $3,795,000. You can find more San Luis Obispo homes for sale here.