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    917 State St Santa Barbara, CA 93101

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    For Sale
    $5,375,000

    Two-story retail building occupied by Tilly's with 14-year history.

    Property size:
    8,680 SF
    Lot size:
    0.21 Acres

    Property Features for 917 State St

    General Information

    Size
    8,680 SF
    Lot size
    0.21 Acres

    Source: Hayes Commercial Group Agent Caitlin Hensel

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building with NNN Lease

    This is a two-story retail building featuring a NNN lease. The property is currently occupied by Tilly's, which has been operating at this location for 14 years. The property has a size of 8680 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Tillys Clothing Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Pharmacy Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.7014788
    Latitude
    34.4207407

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    FAQs

    What type of property is this?
    Retail space - Two-story retail building occupied by Tilly's with 14-year history.
    Where is this retail space located?
    The property is located at 917 State St Santa Barbara, CA.
    What is the asking price?
    The asking price for this property is $5,375,000.
    What are key features of this property?
    This property features: - NNN Lease offering a simplified investment.; - Occupied by Tilly's, a well-known retailer.; - Tilly's has a strong 14-year operating history at this location.
    (805) 898-4374
    Request Owner's contact information
    917 State St Santa Barbara, CA 93101
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    Santa Barbara, CA 93101
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    Realmo Value Estimation

    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.

    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.

    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
    917 State St Santa Barbara, CA 93101
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