Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    100 Acre Ranch Opportunity Title is generated by Realmo AI

    1220 Perkins, New Cuyama, CA 93254

    View on Map
    Claim this Listing
    For Sale
    $980,000

    Farm / Farmhouse, Residential - New Cuyama, CA

    Type:Farm
    Property size:
    2,040 SF
    Lot size:
    100.00 Acres
    Price / SF:
    $480/SF
    Added:
    Dec 3, 2024
    Days on Market:
    535
    Last Refresh:
    May 22 at 10:06 pm

    Property Features for 1220 Perkins

    General Information

    Property type
    Residential
    Property subtype
    Farm
    Zoning
    300
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bonus Room, Family Room
    Parking features
    Garage, Garage - Detached
    Interior features
    Walk-in Closet
    Appliances
    Dishwasher, Garbage Disposer, Washer
    Standard status
    Active
    APN
    149-290-022
    Size
    2,040 SF
    Lot size
    100.00 Acres

    Taxes and HOA fees

    Tax Annual Amount
    0

    Utilities

    Heating system
    Forced Air, Propane (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Year renovated
    2008
    Floors in Building
    1
    Flooring type
    Carpet, Vinyl
    Building materials
    Wood Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Jodi Williams
    Jodi Williams

    Listing agent Jodi Williams

    Listing office Exp Realty of California 2603 Camino Ramon, San Ramon, CA

    Listing date Dec 3, 2024

    MLS# 11564642 Listing URL

    Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 100 acre AG zoned ranch property.
    • Large shop with loft and roll‑up doors.
    • 2040 sq ft home with 3 bedrooms and 2 full bathrooms.
    • Cross fenced pastures and fruit trees.
    • Detached two‑car garage.
    • Seller will consider financing to qualified buyer.

    Overview

    This 100-acre ranch is located a short distance outside of New Cuyama, California, past the New Cuyama airport. The property is zoned for agricultural use. The 2,040 square foot home includes 3 bedrooms, two full bathrooms, a large walk-in pantry, and a spacious laundry room. The home also features a fenced yard, cross-fenced pastures, fruit trees, and views. A large attic space is not included in the square footage. Additional structures include a detached two-car garage and a large shop with a loft and roll-up doors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ranches

    Suggested Use

    Hotel & Motel Grocery & Convenience Store Auto Repair Shop Kitchen & Bath Showroom Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Wine and Liquor Store Travel Agency Bed & Breakfast Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    New Cuyama
    County
    Santa Barbara
    State
    California
    Longitude
    -119.909
    Latitude
    34.9984

    Nearby Similar for Sale

    • $199,900
      2,541 SF

      New Cuyama Mixed-Use Property

      Charming mixed-use property in New Cuyama, California. Versatile commercial building.
      4995 Pato Avenue, New Cuyama, CA 93254
      View Details
    • $1,800,000

      Profitable Retail Property For Sale

      Six units with supermarket, laundromat, burger barn, and tenants.
      4855 Primero St, New Cuyama, CA
      View Details
    • $900,000

      Profitable Gas Station Investment Opportunity

      Profitable gas station with inside sales and consistent fuel volume.
      5007 California 166, New Cuyama, CA
      View Details
    • $1,800,000

      Commercial Property with Multiple Income Streams

      Commercial property featuring supermarket, laundromat, burger barn, and tenants.
      4855 Primero St, New Cuyama, CA 93254
      View Details

    FAQs

    What type of property is this?
    Ranch - 100 acre ranch with 2040 sq ft home.
    Where is this ranch located?
    The property is located at 1220 Perkins New Cuyama, CA.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: 100 acre AG zoned ranch property.; Large shop with loft and roll‑up doors.; 2040 sq ft home with 3 bedrooms and 2 full bathrooms.
    (805) 680-8737
    We can help!
    Listing Contact
    Jodi Williams
    Jodi Williams
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1220 Perkins, New Cuyama, CA 93254
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!