Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5940 Matthews St Goleta, CA 93117

    For Sale
    $2,650,000

    Rare industrial building with automotive tenant near Goleta Beach.

    Lot size:
    0.19 Acres

    Property Features for 5940 Matthews St

    General Information

    Lot size
    0.19 Acres

    Source: Radius Group Commercial R.E.

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

    Overview

    Heavy Industrial Building For Sale

    This is a rare, heavy industrial building currently leased to an automotive user. The property features high ceilings, three large bay doors, gated parking, a concrete lot, and phase 3 power. Office space is also included. The property is located in a high-demand purchase and leasing market, less than one mile from Goleta Beach and the Santa Barbara airport.
    Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Goleta
    County
    Santa Barbara
    State
    California
    Longitude
    -119.8295432
    Latitude
    34.4304533

    Nearby Similar for Sale

    • $2,800,000
      0.30 Acres

      Goleta Multifamily Investment Opportunity

      Well-maintained 8-unit property in Old Town Goleta.
      150-160 Orange Ave, Goleta, CA 93117
      View Details
    • New
      Contact for pricing
      3,026 SF

      High-Profile Isla Vista Retail Space

      Prominent retail space ideal for restaurant or retail uses.
      900 Embarcadero Del Mar, Goleta, CA 93117
      View Details
    • New
      Contact for pricing
      630 SF

      Goleta Retail/Office Space Available

      Open retail or office suite in dynamic Isla Vista location.
      900 Embarcadero Del Mar, Goleta, CA 93117
      View Details
    • $4,095,000

      Isla Vista Student Housing Asset

      Well-maintained ten-unit apartment building near UCSB campus.
      6597 Trigo Rd, Goleta, CA 93117
      View Details
    • $1,895,000

      Prime Corner Retail Property

      Retail property with three units in a prime location.
      310 Pine Ave, Goleta, CA 93117
      View Details
    • $5,550,000

      Goleta Multifamily Investment Opportunity

      19-unit apartment community in Old Town Goleta with upside potential.
      23 Magnolia Ave, Goleta, CA 93117
      View Details

    FAQs

    What type of property is this?
    Manufacturing property - Rare industrial building with automotive tenant near Goleta Beach.
    Where is this manufacturing property located?
    The property is located at 5940 Matthews St Goleta, CA.
    What is the asking price?
    The asking price for this property is $2,650,000.
    What are key features of this property?
    This property features: - Rare, heavy industrial building in a high-demand market; - Currently leased to an automotive user, providing immediate income; - **Rare ceiling heights and three large bay doors** for versatile industrial use
    (805) 698-0272
    Request Owner's contact information
    5940 Matthews St Goleta, CA 93117
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5940 Matthews St
    Goleta, CA 93117
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5940 Matthews St Goleta, CA 93117
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.