225 Prado RdSan Luis Obispo, CA 93401

Property Details for 225 Prado Rd

Year built

1991

Construction

TILT-UP CONCRETE

Lot size

0.03 AC

Property size (Sq ft)

2,583 SF

Zone code

CS

Property type

Office properties

APN

053-255-003

APU

53255003

Description

The Prado Corporate Center, located at 225 Prado Rd, San Luis Obispo, CA 93401, offers exceptional office space in a prime location. This three-story, 16,479 square foot building, constructed in 1990, features a single building with elevators. The property is conveniently situated near US 101 and downtown San Luis Obispo, providing easy access to major transportation routes. Multiple tenancy options are available, with spaces ranging from 650 to 1,620 square feet, suitable for a variety of business needs, including traditional office, executive office, and medical office uses. Ample parking is provided, including both off-street and on-street options. The building is situated in San Luis Obispo County and offers a versatile space for businesses seeking a well-located and accessible office environment. The property's convenient location and flexible space options make it an ideal choice for companies of various sizes. This is a fantastic opportunity to secure office space in a thriving area of San Luis Obispo. Contact us today to learn more about available suites and lease terms.

• CAP approach

  CAP return

  Valuation

  6%

  $366,182

  6.5%

  $338,014

  7%

  $313,871

• Comparable approach

  Method

  Valuation

  Relative Method

  $342,997

  Geo Method

  $672,893

• Alternative Use

  Use

  Valuation

  Residential

  $419,138

  Hospitality

  $383,928

  Educational

  $319,424

  Medical

  $330,409

  Retail

  $496,881

Location Insight

City

San Luis Obispo

County

San Luis Obispo

State

California

Latitude

35.2538

Longitude

-120.667

CBSA code

42020

CBSA name

SAN LUIS OBISPO-PASO ROBLES, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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