For Sale
$7,380,000

455 Patterson Ave Goleta, CA 93111

Entitled 3.39-acre commercial lot. Prime Goleta location.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 3.39-acre commercial land parcel, located at 455 & 465 S Patterson Ave in Goleta, California (93111), presents a unique investment opportunity. Priced at $7,380,000 ($170 per square foot), this property boasts an approved development plan for 44,313 square feet of commercial space, suitable for a variety of uses. The existing parcel (APN 071-140-075) is approved for splitting. The OI (Office & Institutional) zoning allows for diverse development options, including life sciences, medical office, technology, research and development, and engineering facilities. Situated adjacent to Cottage Hospital, Sansum Clinic/Sutter Health, and Google, this location benefits from exceptional visibility and proximity to a significant concentration of healthcare and technology businesses. The property is not located in a flood zone and is not impacted by flight paths once the new flight path is implemented. With a population exceeding 186,000 within a 20-minute drive, this site offers unparalleled access to a large and affluent market. The approved plans allow for the construction of either two buildings or a single building up to 44,313 square feet. This is a rare opportunity to acquire a fully entitled commercial development site in a high-demand location.

Highlights

  • Price: $7,380,000 ($50 per square foot).
  • Land Area: 3.39 acres (147,599 square feet).
  • APN: 071-140-075 (existing parcel, approved for split).
  • Address: 455 & 465 S Patterson Ave.
  • Zoning: OI (Office & Institutional).
  • Approved Building Plans: 44,313 square feet in two office/R&D buildings, or one building up to 44,313 square feet.

Property Details for 455 Patterson Ave

Property type
Land

Location Insight

City
Goleta
County
Santa Barbara
State
California
Latitude
34.4319906
Longitude
-119.810705

FAQs

What type of property is this?
Land - Entitled 3.39-acre commercial lot. Prime Goleta location.
Where is the land located?
The property is located at 455 Patterson Ave Goleta, CA.
What is the asking price?
The asking price for this property is $7,380,000.
What are key features of this property?
This property features: Price: $7,380,000 ($50 per square foot).; Land Area: 3.39 acres (147,599 square feet).; APN: 071-140-075 (existing parcel, approved for split).
How can I contact the broker?
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455 Patterson Ave
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