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San Luis Obispo County, CA · Sold

CA-185678

6046 County Road 263

$376,200
$7,690/ac · 48.92 ac
Acreage48.92 ac
Price per acre$7,690/ac
ZoningMixed Use
Road accessDirt
UtilitiesOff grid
TopographyWooded
ListedApr 19, 2024
Coordinates35.5063, -120.3269
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County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

San Luis Obispo County, California. Wide spread between Central Valley ag ground and buildable foothill parcels.

View San Luis Obispo market data →

Step 1 · Is this a deal?

Due diligence

1 item to verify before you offer.

Risk index
5
Low risk
Wetlands3.9% of tract

Little to no mapped wetland coverage.

Average slope3.7%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

1,465 ft of deeded road frontage.

Power2,504 ft away

Service extension needed; get a utility quote.

Buildable area44.66 of 48.92 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$340,713
$292,603$388,823 · $6,965/ac on 48.92 ac
Asking vs estimate
+10.4%
Priced above the comp set

Weighted from 8 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $376,200
Maximum allowable offer
$194,693
$3,980/ac · +30.0% target margin

You need $181,507 off asking to hit this margin.

All-in cost$211,242
Net resale$313,456
Projected profit$102,214
ROI+48.4%
Annualized+69.3%
Break-even resale$4,694/ac
Profit if resale lands off target
-20%
$39,523
-10%
$70,869
0%
$102,214
+10%
$133,560
+20%
$164,905
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-585406
Paved · Power at road
40.2Jul 27, 2026$409,50010,1936,09515.2 mi
77
CA-435151
Dirt · Full utilities
33.4May 22, 2024$283,2008,4806,0253.7 mi
70
CA-335625
Landlocked · Power at road
47.1Jul 13, 2024$295,5006,2797,28713.7 mi
68
CA-296016
Paved · Off grid
62.5Aug 3, 2024$637,20010,1968,48613.3 mi
66
CA-517268
Dirt · Power at road
154.8Aug 1, 2025$805,6005,2056,06221.0 mi
61
CA-104008
Gravel · Power at road
14.6Dec 8, 2025$151,70010,3996,51511.0 mi
60
CA-687253
Gravel · Full utilities
153.1Oct 4, 2025$1,299,2008,4866,89811.8 mi
59
CA-684356
Dirt · Power at road
18.8May 3, 2024$202,80010,8058,62912.2 mi
57
Show adjustment detail for the top comp
  • Tract size (40.17 ac → 48.92 ac)-3.7%
  • Access (Paved → Dirt)-27.1%
  • Utilities (Power at road → Off grid)-15.0%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.