4183 State StSanta Barbara, CA 93110

Property Details for 4183 State St

Lot size

1.30 AC

Property size (Sq ft)

29,424 SF

Property type

Office properties

Property subtype

Office buildings

APN

061-100-023

APU

61100023

Description

This exceptional 7,963-square-foot single-tenant office space is ideally situated in Santa Barbara, California, at 4183 State Street, zip code 93110. Boasting a highly desirable Upper State Street location, this property offers unparalleled convenience with easy access to US 101. The well-maintained grounds surrounding the building create a professional and attractive environment. The spacious interior layout is thoughtfully designed to accommodate various work styles, featuring a mix of private offices for individual focus, open collaborative areas for team interaction, and a dedicated conference room for meetings. A convenient kitchenette is included for employee use, along with a set of private restrooms for enhanced privacy. The building's infrastructure is robust, incorporating fire sprinklers for safety, a comprehensive HVAC system for climate control, and two separate entrances for accessibility. Secure document storage rooms are provided for sensitive materials, and a dedicated secure server room is equipped with its own cooling system for optimal performance. This property also includes valuable State Street signage for enhanced visibility and brand recognition. This is a truly remarkable opportunity to secure a high-quality office space in a prime Santa Barbara location.

• CAP approach

  CAP return

  Valuation

  6%

  $8,775,369

  6.5%

  $8,100,340

  7%

  $7,521,745

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,595,268

  Geo Method

  $5,595,268

• Alternative Use

  Use

  Valuation

  Residential

  $10,044,422

  Hospitality

  $9,200,637

  Educational

  $7,654,822

  Medical

  $7,918,083

  Retail

  $11,907,501

Location Insight

City

Santa Barbara

County

Santa Barbara

State

California

Latitude

34.4397

Longitude

-119.762

CBSA code

42200

CBSA name

SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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