Industrial Facility on 7.13
For Sale
$10,900,000
1200 La Brea Ave, Santa Maria, CA 93458
51,800 SF industrial facility with secured yard on 7.13 acres.
Property Size51,873 SF
Lot Size7.13 Acres
Price / SF$210.13
Days on Market218
Property Features for 1200 La Brea Ave
General Information
Standard status
Active
Size
51,873 SF
Lot size
7.13 Acres
Listing Agency:
McCarty Davis, Inc.
Listed By:
Steve Davis, Steve Davis · License #01843738
(805) 543-1801
Source:
Myfabuloushome
Added: Mar 11
Changed: Oct 3
Last Checked: Oct 7 at 1:09PM
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 McCarty Davis, Inc.
Investment Insights
Based on property information with market context.
The property at 1200 La Brea is an approximately 51,800 square-foot industrial facility situated on 7.13 acres, which includes 4 acres of secured yard. The building contains approximately 6,690 square feet of office space. This property is suitable for manufacturing, warehousing, or distribution purposes, accommodating a range of industrial uses.
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$550,004
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,000,080
$11.0M
Cap Rate 7%
$7,857,200
$7.9M
Cap Rate 9%
$6,111,156
$6.1M
Market Conditions
NOI Build-Up for 51,873 SF
Gross rent
$684.7K $13.20/SF
− Vacancy
−$37.7K −$0.73/SF
EGI
$647.1K $12.47/SF
− OpEx
−$97.1K −$1.87/SF
NOI
$550.0K $10.60/SF
Area
Santa Maria, CA
Vacancy
5.50%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$11,000,080
Cap Rate 7%
$7,857,200
Cap Rate 9%
$6,111,156
Alternative Uses
Best Use
Warehouse
$7.86M
$6.88M – $9.17M
NOI $550,004 @ 7.0% cap · market cap 5.05%
Second Best
Industrial
$7.10M
$6.21M – $8.28M
NOI $496,736 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$17.53M
$15.34M – $20.45M
NOI $1,227,025 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Explore this area
Business Placement
Demographics for 93458, CA
59,927
Population
14,433
Households
4.2
Avg Household Size
28
Median Age
9%
College-Educated
50%
High-School Grad
28.4 sq mi
ZIP Area
2,110
Density / Sq Mi
$73,518
Median Household Income
$30,278
Median Earnings
$1,825
Median Rent
$460,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 51,800 SF industrial facility with secured yard on 7.13 acres.
Where is this manufacturing property located?
The property is located at 1200 La Brea Ave Santa Maria, CA.
What is the asking price?
The asking price for this property is $10,900,000.
What are key features of this property?
This property features: 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.
