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    3920 S Us Highway 101 Santa Maria, CA 93455

    For Sale
    $4,700,000

    12+ acre highway commercial land parcel for sale.

    Lot size:
    12.28 Acres

    Property Features for 3920 S Us Highway 101

    General Information

    Lot size
    12.28 Acres

    Source: Better Homes and Gardens Real Estate Haven Properties Agent Wendy Teixeira

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

    Overview

    Highway Commercial Land Parcel

    This 12+ acre parcel, zoned Highway Commercial, is located just off the northbound Santa Maria Way offramp and has direct access to the southern end of Santa Maria Way. Situated on the north side of Founders Avenue, the property is adjacent to the Santa Maria High School Technical Education Center. The usable portion of the lot is approximately 8+ acres, with mixed terrain that includes a steeply sloping hill in the northwest corner. Currently, there are no site improvements or infrastructure on the property. The property has a highway commercial zone designation under the land use ordinance of Santa Barbara County. It has been advised that the property is also located within the sphere of influence of the city of Santa Maria. Potential buyers should verify approved uses with city and county authorities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Dental Office Auto Repair Shop Clothing Store Hotel & Motel Gym & Fitness Accounting Firm HVAC Service Bar & Pub Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Maria
    County
    Santa Barbara
    State
    California
    Longitude
    -120.414086
    Latitude
    34.889586

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    FAQs

    What type of property is this?
    Land - 12+ acre highway commercial land parcel for sale.
    Where is this land located?
    The property is located at 3920 S Us Highway 101 Santa Maria, CA.
    What is the asking price?
    The asking price for this property is $4,700,000.
    What are key features of this property?
    This property features: - Highway commercial zoning offers a wide range of potential business opportunities.; - Strategic location just off the northbound Santa Maria Way offramp with direct access to Santa Maria Way.; - **Sizeable 12+ acre parcel with approximately 8+ acres of usable land.**
    (805) 310-3505
    Request Owner's contact information
    3920 S Us Highway 101 Santa Maria, CA 93455
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    Santa Maria, CA 93455
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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
    3920 S Us Highway 101 Santa Maria, CA 93455
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