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San Luis Obispo County, CA · Sold

CA-771660

3424 County Road 355

$13,300
$5,000/ac · 2.66 ac
Acreage2.66 ac
Price per acre$5,000/ac
ZoningAgricultural
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedFeb 25, 2025
Coordinates35.4705, -120.4678
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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

5 items to verify before you offer.

Risk index
43
Moderate risk
Wetlands14.4% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.2%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power2,098 ft away

Service extension needed; get a utility quote.

Buildable area2.16 of 2.66 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$21,675
$18,993$24,358 · $8,149/ac on 2.66 ac
Asking vs estimate
-38.6%
Priced below the comp set

Weighted from 5 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 $13,300
Maximum allowable offer
$12,386
$4,656/ac · +30.0% target margin

You need $914 off asking to hit this margin.

All-in cost$13,439
Net resale$19,941
Projected profit$6,502
ROI+48.4%
Annualized+69.2%
Break-even resale$5,492/ac
Profit if resale lands off target
-20%
$2,514
-10%
$4,508
0%
$6,502
+10%
$8,497
+20%
$10,491
Comparable sales5 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-471240
Paved · Power at road
2.0Oct 31, 2025$29,30014,9327,5059.6 mi
76
CA-431472
Dirt · Full utilities
2.3Feb 13, 2025$33,00014,2088,2938.9 mi
71
CA-242095
Paved · Power at road
3.6Mar 13, 2024$49,70013,6277,4260.6 mi
71
CA-991152
Gravel · Power at road
1.8Nov 10, 2025$31,30017,01310,06610.6 mi
70
CA-380067
Paved · Full utilities
0.8Dec 17, 2025$15,50018,3967,4535.2 mi
64
Show adjustment detail for the top comp
  • Tract size (1.96 ac → 2.66 ac)-0.7%
  • Access (Paved → Landlocked)-42.4%
  • Utilities (Power at road → Off grid)-15.0%
  • Market time (9 mo)+3.3%

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.