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San Luis Obispo County, CA · Sold

CA-104008

5460 County Road 15

$159,700
$10,946/ac · 14.59 ac
Acreage14.59 ac
Price per acre$10,946/ac
ZoningAgricultural
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedJan 17, 2025
Coordinates35.4767, -120.5192
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
17
Low risk
Wetlands14.3% of tract

Partial wetlands. Verify the delineated build envelope.

Average slope7.0%

Gentle grade, straightforward to develop.

Flood zoneShaded X

Moderate flood hazard on part of the tract.

Legal accessDeeded frontage

758 ft of deeded road frontage.

Power231 ft away

Power at or near the road.

Buildable area11.88 of 14.59 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$174,765
$152,015$197,515 · $11,978/ac on 14.59 ac
Asking vs estimate
-8.6%
Priced below the comp set

Weighted from 6 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 $159,700
Maximum allowable offer
$99,866
$6,845/ac · +30.0% target margin

You need $59,834 off asking to hit this margin.

All-in cost$108,355
Net resale$160,784
Projected profit$52,429
ROI+48.4%
Annualized+69.2%
Break-even resale$8,072/ac
Profit if resale lands off target
-20%
$20,273
-10%
$36,351
0%
$52,429
+10%
$68,508
+20%
$84,586
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
CA-503863
Gravel · Off grid
13.1Oct 11, 2024$136,90010,42013,0703.1 mi
81
CA-684356
Dirt · Power at road
18.8May 3, 2024$202,80010,80514,1711.4 mi
73
CA-585406
Paved · Power at road
40.2Jul 27, 2026$409,50010,19310,0098.1 mi
71
CA-335625
Landlocked · Power at road
47.1Jul 13, 2024$295,5006,27911,9677.9 mi
62
CA-435151
Dirt · Full utilities
33.4May 22, 2024$283,2008,4809,8958.9 mi
58
CA-185678
Dirt · Off grid
48.9Jun 4, 2025$345,4007,06012,17711.0 mi
57
Show adjustment detail for the top comp
  • Tract size (13.14 ac → 14.59 ac)-1.1%
  • Utilities (Off grid → Power at road)+17.6%
  • Market time (22 mo)+7.8%

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.