250 Tank Farm Rd - Commercial LAND FOR SALE
San Luis Obispo, CA 93406 | 133,294 SF
$8,500,000 USD
408-282-3829
250 Tank Farm Rd
San Luis Obispo, CA 93406
OVERVIEW
• Fully entitled project currently in plan check with building permits to be completed within 75 days
• Shovel ready project with lender term sheet available for qualified borrowers
• $12,400,000 construction budget by Cubix Construction
• Extra Space 3rd Party Management projections at $2,030,000 stabilized NOI
• Storage 101 feasibility study showing average market occupancy at 99%+ and stabilized NOI at $2,513,046
• Average occupied rents $3.00/SF/month
FOR SALE DETAILS
PRICE
$8,500,000 USD
PRICE/ACRE
$2,777,769/AC
PRICE/SF
$64 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY NAME
1.22-1.84 Acres Improved Commercial Parcels
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Industrial Park, Retail Warehouse, Self-Storage
LAND ACRES
3.06 AC
LAND SF
133,294 SF
OFFSITE IMPROVEMENTS
Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation
ZONING
CS
APN/PARCEL ID
053251083,053251084
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408-282-3829
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408-282-3829
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