1320 H StLompoc, CA 93436

Property Details for 1320 H St

Lot size

1.58 AC

Property type

Banks

APN

087-011-064

APU

87011064

Description

This exceptional 1-acre commercial land parcel presents a unique investment opportunity in the thriving city of Lompoc, California. Located at 1320 N H St, this property is zoned PCD – Planned Commercial Development, offering significant flexibility for a wide range of commercial ventures. The single-tenant zoning allows for focused development, minimizing complexities associated with multi-tenant properties. The expansive one-acre lot provides ample space for construction, ensuring the potential for a substantial build-out. Situated in Santa Barbara County, this location benefits from the area's robust economy and growing population. The property's address is 1320 N H St, Lompoc, CA 93436, providing easy access to major transportation routes and local amenities. This is an ideal site for developers seeking a blank canvas to create a custom commercial building tailored to their specific needs. The property's size and zoning make it suitable for a variety of commercial uses, from retail spaces to light industrial facilities. With its strategic location and development potential, this land parcel represents a compelling investment opportunity in a dynamic market. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial property. The property is ready for immediate development, offering a streamlined path to realizing your commercial vision.

• CAP approach

  CAP return

  Valuation

  6%

  $26,785,268

  6.5%

  $24,724,864

  7%

  $22,958,802

• Comparable approach

  Method

  Valuation

  Relative Method

  $31,050,024

  Geo Method

  $32,980,682

• Alternative Use

  Use

  Valuation

  Residential

  $20,856,348

  Hospitality

  $19,104,302

  Educational

  $15,894,555

  Medical

  $16,441,193

  Retail

  $24,724,864

Location Insight

City

Lompoc

County

Santa Barbara

State

California

Latitude

34.6603

Longitude

-120.457

CBSA code

42200

CBSA name

SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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