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San Luis Obispo County, CA · Sold

CA-168718

3142 County Road 93

$1,933,200
$4,369/ac · 442 ac
Acreage442 ac
Price per acre$4,369/ac
ZoningAgricultural
Road accessGravel
UtilitiesFull utilities
TopographyWooded
ListedJul 14, 2024
Coordinates35.3124, -120.3122
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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

No material red flags on the mapped layers.

Risk index
9
Low risk
Wetlands9.0% of tract

Little to no mapped wetland coverage.

Average slope6.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

2,343 ft of deeded road frontage.

PowerOn site

Power at or near the road.

Buildable area382.52 of 442.47 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$2,759,497
$2,259,553$3,259,442 · $6,237/ac on 442 ac
Asking vs estimate
-29.9%
Priced below 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 $1,933,200
Maximum allowable offer
$1,576,856
$3,564/ac · +30.0% target margin

You need $356,344 off asking to hit this margin.

All-in cost$1,710,889
Net resale$2,538,738
Projected profit$827,849
ROI+48.4%
Annualized+69.2%
Break-even resale$4,203/ac
Profit if resale lands off target
-20%
$320,101
-10%
$573,975
0%
$827,849
+10%
$1,081,723
+20%
$1,335,596
Comparable sales8 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-978346
Paved · Off grid
337.9Jul 22, 2026$2,339,5006,9237,7956.9 mi
80
CA-729947
Gravel · Full utilities
1077.8Jul 9, 2026$5,260,9004,8816,4391.4 mi
79
CA-849764
Paved · Power at road
944.0May 11, 2026$3,242,0003,4344,5259.4 mi
73
CA-629076
Dirt · Off grid
573.5Oct 17, 2025$2,303,3004,0167,50110.3 mi
72
CA-687253
Gravel · Full utilities
153.1Oct 4, 2025$1,299,2008,4866,49316.1 mi
67
CA-819763
Paved · Off grid
943.3Mar 23, 2025$3,670,4003,8916,31515.3 mi
63
CA-659526
Dirt · Full utilities
794.5Sep 15, 2024$2,448,4003,0824,62716.8 mi
60
CA-517268
Dirt · Power at road
154.8Aug 1, 2025$805,6005,2055,70615.5 mi
57
Show adjustment detail for the top comp
  • Tract size (337.95 ac → 442.47 ac)-7.7%
  • Access (Paved → Gravel)-15.3%
  • Utilities (Off grid → Full utilities)+43.5%

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.