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600 Tank Farm Rd
San Luis Obispo, CA 93401
Land For Sale
·
11.70 AC
INVESTMENT HIGHLIGHTS
- 600 TFR will be one of the most highly amenitized communities in the CMA
EXECUTIVE SUMMARY
PRODUCT TYPE: Studio, 1 bedroom, 2 bedroom and 3 bedroom condominium units
CONSTRUCTION TYPE: Mixed-use residential over commercial, stacked flats, stacked flats with tuck under parking, and townhomes.
UNIT COUNT: 280 Residential Units (within 25 residential buildings).
ENTITLEMENTS: The project is fully entitled and approved by the City of San Luis Obispo. The property comes with an approved EIR, zone change, and General Plan
Amendment. Final Engineering has been completed and is approved
PROPERTY CONDITION: Unimproved
600 TFR is located in a growing mixed-use area
The site will be delivered entitled with approved Final Engineering permits ready to issue
600 TFR will be one of the most highly amenitized communities in the CMA
Entitlements have the flexibility to be developed as either for sale or for rent product. SLO is undersupplied in both of these product types and the buyer has flexibility to build what best suits the market
San Luis Obispo has high barriers to entry and this project is located in the core growth area of the market
Buyer will be able to mobilize and begin land development immediately after the close of escrow
San Luis Obispo is the most highly sought after location along the Central Coast which has proven to attract home buyers and renters alike
600 TFR benefits from excellent exposure and buyer traffic due to its location on Tank Farm Road, a major thoroughfare, and proximity to Downtown San Luis Obsipo
CONSTRUCTION TYPE: Mixed-use residential over commercial, stacked flats, stacked flats with tuck under parking, and townhomes.
UNIT COUNT: 280 Residential Units (within 25 residential buildings).
ENTITLEMENTS: The project is fully entitled and approved by the City of San Luis Obispo. The property comes with an approved EIR, zone change, and General Plan
Amendment. Final Engineering has been completed and is approved
PROPERTY CONDITION: Unimproved
600 TFR is located in a growing mixed-use area
The site will be delivered entitled with approved Final Engineering permits ready to issue
600 TFR will be one of the most highly amenitized communities in the CMA
Entitlements have the flexibility to be developed as either for sale or for rent product. SLO is undersupplied in both of these product types and the buyer has flexibility to build what best suits the market
San Luis Obispo has high barriers to entry and this project is located in the core growth area of the market
Buyer will be able to mobilize and begin land development immediately after the close of escrow
San Luis Obispo is the most highly sought after location along the Central Coast which has proven to attract home buyers and renters alike
600 TFR benefits from excellent exposure and buyer traffic due to its location on Tank Farm Road, a major thoroughfare, and proximity to Downtown San Luis Obsipo
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Lot Size | 11.70 AC |
| Lot Size | 11.70 AC |
DESCRIPTION
PRODUCT TYPE: Studio, 1 bedroom, 2 bedroom and 3 bedroom condominium units CONSTRUCTION TYPE: Mixed-use residential over commercial, stacked flats, stacked flats with tuck under parking, and townhomes. UNIT COUNT: 280 Residential Units (within 25 residential buildings). ENTITLEMENTS: The project is fully entitled and approved by the City of San Luis Obispo. The property comes with an approved EIR, zone change, and General Plan Amendment. Final Engineering has been completed and is approved PROPERTY CONDITION: Unimproved
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