Substantial commercial acreage in San Luis Obispo offered at $3,990,000—approximately $6.55 per gross land square foot. This ±13.99-acre property fronts Prado Road near South Higuera Street, across from the Serra Meadows neighborhood and near established commercial businesses and SLO Public Market. The location places the property within the broader south-city growth area, with access to downtown, Highway 101, and the regional airport through the surrounding road network.
Previously entitled for a commercial business park, the property has a history of planning for office and light-industrial development. Approximately ±11.11 acres were identified as usable under former plans; current usable area and development potential are subject to independent verification.
Offered as raw land with no current project entitlements. Prior approvals have expired, and historical plans are for reference only. Buyer is responsible for all due diligence, including zoning, permitted uses, environmental conditions, wetlands and drainage, easements, airport restrictions, access, utility and sewer availability and capacity, development costs, and all required approvals.
Lot/land
Listed by: Pacifica Commercial Realty • Paul Shannon • 805-440-8031
$3,900,000
400 Prado Rd, San Luis Obispo, CA 93401
--beds
--baths
13.99Acres
Unimproved Land
Built in ----
13.99 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 8 days
- 173
- 10
Zillow last checked:
Listing updated:
Listed by:
Paul Shannon DRE #01970198 805-440-8031,
Pacifica Commercial Realty
Source: CRMLS,MLS#: NS26226123
Originating MLS: California Regional MLS
Facts & features
Property
Features
- Has view: Yes
- View description: Mountain(s), Neighborhood
Lot
- Size: 13.99 Acres
- Features: Street Level
Details
- Parcel number: 053441009
- Zoning: BP
- Special conditions: Standard
Utilities & green energy
- Water: None
- Utilities for property: Water Not Available
Community & HOA
Community
- Features: Rural
- Subdivision: San Luis Obispo(380)
Location
- Region: San Luis Obispo
Financial & listing details
- Date on market: 10/22/2026
- Listing terms: Cash to New Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/22/2026 | Listed for sale | $3,900,000-51.2% |
Source: | ||
| 11/13/2025 | Listing removed | $7,995,000 |
Source: | ||
| 6/23/2025 | Listed for sale | $7,995,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 93401
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