5677 Calle RealGoleta, CA 93117

Property Details for 5677 Calle Real

Lot size

0.69 AC

Property size (Sq ft)

4,935 SF

Property type

Turn key restaurants

APN

069-110-059

APU

69110059

Description

This exceptional freestanding retail property, located at 5677 Calle Real in Goleta, California (93117), offers a prime opportunity for a single tenant. The 5,087 square foot building sits on a 0.69-acre lot (30,056 square feet) and boasts a Class B designation. Recently renovated in 2022, the property features ample parking with 28 spaces. Its convenient location on the north side of US-101 freeway ensures excellent visibility and accessibility, particularly from the major intersection of Calle Real and Fairview Avenue. The property benefits from its proximity to a strong residential base and a major Goleta retail hub, with nearby co-tenants including Trader Joe's, Orangetheory, Crumbl Cookies, and Backyard Bowls. The single-story building is zoned CC (Santa Barbara County APN: 069-110-059) and offers a unique opportunity for a business seeking a high-traffic location. The property includes one building and no elevators. This is an ideal location for a variety of retail or restaurant uses.

• CAP approach

  CAP return

  Valuation

  6%

  $2,163,107

  6.5%

  $1,996,714

  7%

  $1,854,092

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,364,868

  Geo Method

  $2,364,868

• Alternative Use

  Use

  Valuation

  Residential

  $1,684,303

  Hospitality

  $1,542,812

  Educational

  $1,283,602

  Medical

  $1,327,747

  Retail

  $1,996,714

Location Insight

City

Goleta

County

Santa Barbara

State

California

Latitude

34.4408

Longitude

-119.823

CBSA code

42200

CBSA name

SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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