4115 Broad StSan Luis Obispo, CA 93401

Property Details for 4115 Broad St

Year built

1991

Construction

TILT-UP CONCRETE

Lot size

0.06 AC

Property size (Sq ft)

5,308 SF

Zone code

CS

Property type

Office properties

APN

053-415-006

APU

53415006

Description

This exceptional 21,166-square-foot creative office space is located at 4115 Broad Street, San Luis Obispo, CA 93401, near Tank Farm Road. The property, part of the Creekside Campus, is a Class B, single-tenant building constructed in 1989. The two-story building offers an entire second floor of office space, conveniently served by an elevator. The layout includes approximately 17 large perimeter offices, plus around 10 private offices, all featuring operable windows and whiteboard walls. Ample amenities are provided, including multiple restrooms, private restrooms with showers, conference rooms, and a large kitchen area. The property boasts prominent monument signage and substantial reciprocal parking for tenants and guests. This prime location is situated in the heart of San Luis Obispo's thriving business and technology district. An attractive feature is the potential to expand the space by combining this offering with adjacent suites at 4111 Broad Street, totaling approximately 45,742 square feet. The adjacent building offers additional suites of varying sizes, including approximately 2,275 sq ft (Suite C), 7,566 sq ft (Suite A), and 14,735 sq ft (Suites D, E, & F). The property is zoned O.

• CAP approach

  CAP return

  Valuation

  6%

  $852,828

  6.5%

  $787,226

  7%

  $730,996

• Comparable approach

  Method

  Valuation

  Relative Method

  $704,850

  Geo Method

  $1,381,250

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,782,270

  Retail / Commercial

  $868,444

  Mixed-Use / Specialty

  $829,496

  Hospitality / Lodging

  $561,897

  Institutional / Educational

  $849,528

  Residential Income

  $993,948

  Multifamily

  $1,390,840

  Automotive / Energy

  $728,167

  Parking / Income-Based Land

  $286,702

  Restaurant / Food Service

  $354,913

  Healthcare / Senior Housing

  $887,398

Location Insight

City

San Luis Obispo

County

San Luis Obispo

State

California

Latitude

35.2458

Longitude

-120.643

CBSA code

42020

CBSA name

SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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