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Multifamily Development Parcel in Lompoc
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109 S 3rd, Lompoc, CA 93436

One-acre multifamily development parcel in Southeast Lompoc.

Property SizeContact for details
Lot Size1.00 Acre
Days on Market198

Property Features for 109 S 3rd

General Information

Standard status Active
Lot size 1.00 Acre
Property subtype Land
Listing Agency: RE/MAX Del Oro
Listed By: Mike Puhek · License #CA 01441759
Source: Crexi
Added: Jan 23 Changed: Aug 8 Last Checked: Jul 16 at 9:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Del Oro

Investment Insights

Based on property information with market context.

This one-acre parcel is located at 109 South Third Street in Lompoc. Zoned R-3 PD, the property is flat, level, and buildable, with utilities available at the street. In 2021, the City of Lompoc approved a Mission-style townhome community known as Castillo de Rosas Townhomes for the location. The approved plan included 24 two-story residential townhome units, each featuring three bedrooms, two and one-half baths, and individual two-car garages, with a Mission-inspired architectural design. Planning entitlements are valid through June 17th, 2026, and the map is valid until June 17th, 2027, with a potential two-year extension. Prospective buyers are encouraged to consult with the City and State regarding potential density opportunities. The property is situated in Southeast Lompoc, near West Ocean Avenue and Hwy 1, with convenient access to the medical district, Hapgood Elementary School, and established residential areas. Lompoc is noted for its affordability and growth potential.

Key Highlights

  • Approved for 24 two‑story townhome units (3 bed, 2.5 bath, 2‑car garages) with Mission‑style architecture.
  • Prime one‑acre multifamily development parcel in Southeast Lompoc.
  • Planning entitlements valid through June 17th, 2026, with map valid until June 17th, 2027, and a 2‑year extension available.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tech Support Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

854
Businesses Nearby

Demographics for 93436, CA

56,730
Population
18,928
Households
3
Avg Household Size
37
Median Age
17%
College-Educated
76%
High-School Grad
228.0 sq mi
ZIP Area
249
Density / Sq Mi
$76,241
Median Household Income
$36,340
Median Earnings
$1,578
Median Rent
$460,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - One-acre multifamily development parcel in Southeast Lompoc.
Where is this residential land & home lot located?
The property is located at 109 S 3rd Lompoc, CA.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Approved for 24 two‑story townhome units (3 bed, 2.5 bath, 2‑car garages) with Mission‑style architecture.; Prime one‑acre multifamily development parcel in Southeast Lompoc.; Planning entitlements valid through June 17th, 2026, with map valid until June 17th, 2027, and a 2‑year extension available.
More about this property
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