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    227-231 N G St Lompoc, CA 93436

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    For Sale
    $1,250,000

    Three vacant lots zoned for multifamily residential development.

    Lot size:
    0.56 Acres

    Property Features for 227-231 N G St

    General Information

    Lot size
    0.56 Acres
    Source: Moodyscre

    Listing Agent: Tom Davidson

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

    Overview

    Multifamily Development Site in Lompoc

    This is a multifamily development site consisting of three vacant lots. The zoning is Mixed Use, which allows for multifamily residential development with a density of 44 units per acre and up to 3 stories. The location is in Lompoc, an area with high demand for residential rental properties.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lompoc
    County
    Santa Barbara
    State
    California
    Longitude
    -120.4569164
    Latitude
    34.64159

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    FAQs

    What type of property is this?
    Land - Three vacant lots zoned for multifamily residential development.
    Where is this land located?
    The property is located at 227-231 N G St Lompoc, CA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: - Multifamily development site ready for your next project.; - Zoned Mixed Use, ideal for multifamily residential development.; - High residential rental demand makes Lompoc an attractive investment.
    (805) 588-7777
    Request Owner's contact information
    227-231 N G St Lompoc, CA 93436
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    Lompoc, CA 93436
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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
    227-231 N G St Lompoc, CA 93436
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