560 Blosser RdSanta Maria, CA 93454
- Retail properties
- 0.42 AC
Property Details for 560 Blosser Rd
- Lot size
- 0.42 AC
- Property type
- Retail properties
- Property subtype
- Parking lots & garages
- APN
- 123-090-082
- APU
- 123090082
Description
This exceptional commercial property, located at 560 S. Blosser, Suite 520, Santa Maria, CA 93454, offers 5,737 square feet of versatile retail or office space within a thriving Walmart Neighborhood Market. The property is situated in a high-traffic area, boasting daily traffic counts exceeding 23,500 vehicles at the intersection of South Blosser Road and West Boone Street, ensuring significant visibility and accessibility for your business. The building is a two-story structure, part of a single-building complex, and zoned C2 PD Overlay within Santa Barbara County. The space is available as a single-tenant occupancy, providing flexibility and control. This presents a unique opportunity to establish a presence in a bustling commercial center anchored by a major retailer. The lease rate is $1.75 per square foot, NNN. This prime location offers unparalleled potential for growth and success. The property's strategic placement within the recently developed Walmart Neighborhood Center guarantees high foot traffic and exposure to a large customer base. Don't miss this chance to secure a prominent position in a thriving Santa Maria commercial hub.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $3,812,613
- 6.5%
- $3,519,335
- 7%
- $3,267,954
-
Comparable approach
- Method
- Valuation
- Relative Method
- $6,122,079
- Geo Method
- $8,767,023
-
Alternative Use
- Use
- Valuation
- Residential
- $2,968,691
- Hospitality
- $2,719,305
- Educational
- $2,262,430
- Medical
- $2,340,238
- Retail
- $3,519,335
Location Insight
- City
- Santa Maria
- County
- Santa Barbara
- State
- California
- Latitude
- 34.9477
- Longitude
- -120.453
- CBSA code
- 42200
- CBSA name
- SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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