1200 La Brea Ave Santa Maria, CA 93458
51,800 SF industrial facility with secured yard on 7.13 acres.
Property Features for 1200 La Brea Ave
General Information
- Standard status
- Active
- Size
- 51,800 SF
- Lot size
- 7.13 Acres
- Property subtype
- Industrial
Listing office McCarty Davis Commercial Real Estate (805) 543-1801
Listing date Mar 11, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Large 7.13‑acre property with 4 acres of secured yard space.
- Substantial 51,800 square‑foot industrial facility.
- Suitable for manufacturing, warehousing, or distribution.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $683.8k | $13.20 |
| − Vacancy | −$37.6k | −$0.73 |
| EGI | $646.2k | $12.47 |
| − OpEx | −$96.9k | −$1.87 |
| NOI | $549.2k | $10.60 |
