Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land for Lease Title is generated by Realmo AI

    3651 Via Real, Carpinteria, CA 93013

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $150,000

    Land available for lease in Santa Barbara County.

    Type:Land
    Added:
    Nov 22, 2025
    Days on Market:
    182
    Last Refresh:
    May 20 at 12:16 am

    Property Features for 3651 Via Real

    General Information

    Standard status
    Active
    Property subtype
    Land

    Spaces For Lease

    at 3651 Via Real Contact us

    We can help!

    Listing Contact
    Larry Tanji

    Listing agent Larry Tanji License #1027860

    Listing office CBRE, Inc

    Listing date Nov 22, 2025

    Source Cbre

    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 CBRE, Inc

    HighLights

    • Located in Santa Barbara County
    • Along the US 101 Freeway
    • Redevelopment Opportunity
    • Property Details Available

    Overview

    Located in Santa Barbara County along the US 101 Freeway, this land is available for lease and suitable for redevelopment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Corvette Services Co Auto Repair Shop

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Pharmacy Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Carpinteria
    County
    Santa Barbara
    State
    California
    Longitude
    -119.552
    Latitude
    34.4109

    Nearby Similar for Lease

    • Contact for pricing
      4,000 SF

      Retail Space Anchored by Albertsons

      Retail space near Highway 101, anchored by Albertsons and CVS.
      1000 Casitas Pass Rd, Carpinteria, CA
      View Details
    • $1.95 SF/Yr
      782 SF

      Carpinteria Avenue Office Space

      Office space available for lease in Carpinteria, California.
      5320 Carpinteria Ave, Carpinteria, CA
      View Details
    • $2 SF/Yr
      1,480 SF

      Retail Space Available For Rent

      Retail space available for rent in Carpinteria, CA.
      3805-3821 Santa Claus Ln, Carpinteria, CA
      View Details
    • $3 SF/Yr
      1,300 SF

      Carpinteria Office Space For Rent

      First floor office space available for rent in Carpinteria.
      606 Linden Ave, Carpinteria, CA
      View Details
    • Contact for pricing

      Freestanding Retail Building on Linden

      Retail building in Linden Avenue retail corridor for lease.
      801 Linden Ave, Carpinteria, CA 93013
      View Details
    • $3 SF/Yr
      1,152 SF

      Retail Space in Carpinteria Corridor

      Retail space with excellent visibility in Carpinteria, California.
      1025-1049 Casitas Pass Rd, Carpinteria, CA
      View Details
    • $23 SF/Yr

      First Floor Office Space Available

      Functional office space with ample parking near the freeway.
      990 Cindy Ln, Carpinteria, CA 93013
      View Details
    • Contact for pricing

      Leased Office Building in Carpinteria

      100% leased office building in Carpinteria, California.
      1110 Eugenia Pl, Carpinteria, CA
      View Details
    • Contact for pricing

      Leased Office Building in Carpinteria

      Fully leased office building in Carpinteria, California.
      4180 Via Real, Carpinteria, CA
      View Details
    • Contact for pricing

      Professional Office Building For Rent

      Professional office building in downtown Carpinteria with parking.
      1145 Eugenia Pl, Carpinteria, CA 93013
      View Details

    FAQs

    What type of property is this?
    Land - Land available for lease in Santa Barbara County.
    Where is this land located?
    The property is located at 3651 Via Real Carpinteria, CA.
    What is the lease rate?
    The lease rate is $150,000.
    What are key features of this property?
    This property features: Located in Santa Barbara County; Along the US 101 Freeway; Redevelopment Opportunity
    (805) 288-4681
    We can help!
    Listing Contact
    Larry Tanji
    Real Estate License ID: 1027860
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3651 Via Real, Carpinteria, CA, 93013
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!