4211 Highway 33Maricopa, CA 93252

  • Retail properties
  • 11.78 AC
For Sale
$925,000 View listing

Property Details for 4211 Highway 33

Lot size
11.78 AC
Property type
Retail properties
Property subtype
Turn key restaurants
APN
149-280-004
APU
149280004

Description

This exceptional 6,800 square foot commercial property in Maricopa, CA, presents a unique investment opportunity. Situated on 11.78 acres, the property boasts a thriving winery and event venue, perfectly positioned for continued success. The main building comprises an 800 square foot tasting room, a spacious 4,200 square foot banquet hall ideal for weddings and corporate events, and a 3,000-seat rodeo arena, offering diverse revenue streams. Additional structures include a comfortable 1,800 square foot bunkhouse and a mobile home, providing ample accommodation for staff or guests. The property also includes the potential for vineyard development, further enhancing its value and potential. Located in the southeastern corner of the Cuyama Valley, the property enjoys breathtaking western views of the Sierra Madre mountains at sunset. This tranquil location, west of where the Southern San Joaquin Valley meets Southern California, offers a peaceful escape from urban congestion, attracting visitors seeking a unique wine-tasting and event experience. The established business and versatile facilities make this a truly remarkable investment opportunity with significant upside potential. The property's size and amenities provide ample room for expansion and diversification, catering to a wide range of events and activities. This is a rare chance to acquire a turnkey operation with established clientele and significant growth potential in a picturesque setting.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $224,721,664
    6.5%
    $207,435,376
    7%
    $192,618,576
  • Comparable approach

    Method
    Valuation
    Relative Method
    $245,896,416
    Geo Method
    $245,896,416
  • Alternative Use

    Use
    Valuation
    Residential
    $174,979,504
    Hospitality
    $160,280,288
    Educational
    $133,351,320
    Medical
    $137,937,472
    Retail
    $207,435,376
4211 Highway 33, Maricopa, California

Location Insight

City
Maricopa
County
Santa Barbara
State
California
Latitude
34.8269
Longitude
-119.464
CBSA code
42200
CBSA name
SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,847
$86,563
$57,701
$144,264
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FAQs

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