This exceptional 19,063-square-foot office/R&D building in Carpinteria, California, presents a unique lease or purchase opportunity. Located at 6398 Cindy Ln, 93013, this single-tenant property boasts 27 parking spaces and is zoned M-RP (APN: 001-190-092). The building features a first floor currently occupied, showcasing a main reception area, 12-foot ceilings, multiple private offices, two restrooms, a large break room, and an outdoor patio. The second floor, totaling 8,896 square feet, is available for lease or purchase and includes 13 private offices, several open work areas, a conference room, and a large wraparound deck offering breathtaking ocean and mountain views. Building improvements are updated throughout. This property provides convenient access for employees commuting from both Ventura and Santa Barbara. The building is situated within Carpinteria's business park, offering a desirable location and a high-quality environment. This executive office space is ideal for a company seeking a prestigious and functional workspace with exceptional amenities. Santa Barbara County location.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$13,010,575
6.5%
$12,009,761
7%
$11,151,921
Comparable approach
Method
Valuation
Relative Method
$8,283,370
Geo Method
$8,283,370
Alternative Use
Use
Valuation
Residential
$14,892,104
Hospitality
$13,641,087
Educational
$11,349,225
Medical
$11,739,542
Retail
$17,654,350
Location Insight
City
Carpinteria
County
Santa Barbara
State
California
Latitude
34.3863
Longitude
-119.488
CBSA code
42200
CBSA name
SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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