426 H StLompoc, CA 93436

Property Details for 426 H St

Lot size

0.16 AC

Property type

Turn key restaurants

APN

087-242-014

APU

87242014

Description

This exceptional business opportunity presents a fantastic chance to acquire a well-situated commercial property in the thriving city of Lompoc, California. Located at 426 N H Street, this property boasts a substantial 2,100 square feet of space, ideal for a variety of commercial ventures. The generous 0.16-acre lot provides ample room for expansion, outdoor seating, or additional parking, depending on the intended use. The asking price for this turnkey property is $150,000, representing a significant value in the current market. The property's address in the heart of Lompoc ensures high visibility and accessibility for customers and employees alike. Its size and location make it suitable for a wide range of businesses, from retail shops and restaurants to offices and service providers. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to establish or relocate a business in a prime location within a vibrant community. Serious inquiries are encouraged to explore the potential of this exceptional commercial property and its significant growth prospects. The property's size and location offer a compelling investment opportunity for entrepreneurs and business owners seeking a strategic foothold in the Lompoc market. Don't miss this chance to secure a valuable asset in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,049,792

  6.5%

  $2,815,193

  7%

  $2,614,108

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,339,567

  Geo Method

  $3,339,567

• Alternative Use

  Use

  Valuation

  Residential

  $2,374,720

  Hospitality

  $2,175,231

  Educational

  $1,809,767

  Medical

  $1,872,008

  Retail

  $2,815,193

Location Insight

City

Lompoc

County

Santa Barbara

State

California

Latitude

34.6449

Longitude

-120.457

CBSA code

42200

CBSA name

SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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