560 Blosser RdSanta Maria, CA 93454

  • Retail properties
  • 0.42 AC
For Lease
$21/SF/YR View listing

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
560 Blosser Rd, Santa Maria, California

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

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
$22,843
$1,137,300
$826,100
$1,963,400
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FAQs

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