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

Retail properties

Property subtype

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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