3508 Via RealCarpinteria, CA 93013

Property Details for 3508 Via Real

Lot size

8.96 AC

Property type

Retail properties

Property subtype

Other retail properties

APN

005-280-025

APU

5280025

Description

This exceptional commercial property, located at 3508 Via Real in Santa Barbara County, presents a unique investment opportunity. The property encompasses a substantial 8.96 acres of land and features a significant 226,291 square foot building currently vacant and available for lease. The building is classified as a greenhouse, making it ideal for a variety of agricultural, horticultural, or related commercial ventures. The single-tenant occupancy allows for complete control and customization of the space. The property is zoned AGI-10, providing specific guidelines for permitted uses within Santa Barbara County. Given its size and zoning, this property is suitable for large-scale operations requiring extensive space and land. The sheer scale of the building and land offers unparalleled potential for a business seeking a substantial footprint in a desirable location. The vacant status provides a blank canvas for a prospective tenant to design and implement their ideal commercial operation. Serious inquiries are encouraged to explore the possibilities this remarkable property offers. All interested parties should conduct their own due diligence regarding zoning regulations and permitted uses.

• CAP approach

  CAP return

  Valuation

  6%

  $171,276,864

  6.5%

  $158,101,728

  7%

  $146,808,736

• Comparable approach

  Method

  Valuation

  Relative Method

  $187,031,568

  Geo Method

  $187,031,568

• Alternative Use

  Use

  Valuation

  Residential

  $133,364,720

  Hospitality

  $122,161,368

  Educational

  $101,636,824

  Medical

  $105,132,272

  Retail

  $158,101,728

Location Insight

City

Carpinteria

County

Santa Barbara

State

California

Latitude

34.4146

Longitude

-119.554

CBSA code

42200

CBSA name

SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].