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San Luis Obispo County, CA · Sold

CA-296016

9391 County Road 188

$602,800
$9,646/ac · 62.49 ac
Acreage62.49 ac
Price per acre$9,646/ac
ZoningUnzoned
Road accessPaved
UtilitiesOff grid
TopographyRolling
ListedSep 24, 2023
Coordinates35.3353, -120.4347
Loading terrain…
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

3 items to verify before you offer.

Risk index
24
Low risk
Wetlands2.6% of tract

Little to no mapped wetland coverage.

Average slope10.0%

Rolling to steep in places; pad prep likely.

Flood zoneX

Outside the mapped floodplain.

Legal accessRecorded easement

Access by easement; pull and read the recorded document.

Power14,194 ft away

A long utility run — price in solar/off-grid instead.

Buildable area57.82 of 62.49 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$559,611
$490,591$628,631 · $8,955/ac on 62.49 ac
Asking vs estimate
+7.7%
Priced above the comp set

Weighted from 7 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 $602,800
Maximum allowable offer
$319,778
$5,117/ac · +30.0% target margin

You need $283,022 off asking to hit this margin.

All-in cost$346,959
Net resale$514,843
Projected profit$167,883
ROI+48.4%
Annualized+69.2%
Break-even resale$6,035/ac
Profit if resale lands off target
-20%
$64,915
-10%
$116,399
0%
$167,883
+10%
$219,368
+20%
$270,852
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-585406
Paved · Power at road
40.2Jul 27, 2026$409,50010,1937,9495.5 mi
80
CA-185678
Dirt · Off grid
48.9Jun 4, 2025$345,4007,0609,67013.3 mi
70
CA-335625
Landlocked · Power at road
47.1Jul 13, 2024$295,5006,2799,5044.0 mi
70
CA-517268
Dirt · Power at road
154.8Aug 1, 2025$805,6005,2057,9069.2 mi
62
CA-687253
Gravel · Full utilities
153.1Oct 4, 2025$1,299,2008,4868,99610.3 mi
62
CA-435151
Dirt · Full utilities
33.4May 22, 2024$283,2008,4807,8589.6 mi
60
CA-684356
Dirt · Power at road
18.8May 3, 2024$202,80010,80511,25411.9 mi
53
Show adjustment detail for the top comp
  • Tract size (40.17 ac → 62.49 ac)-8.5%
  • 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.