Industrial Facility on 7.13
1200 La Brea Ave Santa Maria, CA 93458
For Sale
$12,000,000
51,800 SF industrial facility with secured yard on 7.13 acres.
Property Size51,800 SF
Lot Size7.13 Acres
Price / SF$231.66
Days on Market141
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 Agency:
McCarty Davis Commercial Real Estate
(805) 543-1801
Listed By:
Steve Davis · License #01843738
(805) 543-1801
Source:
Elliman
Added: Mar 11
Changed: Jul 10
Last Checked: Jul 28 at 12:01PM
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 Commercial Real Estate
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 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 |
51,800 SF · lease $13.20/SF/yr · vacancy 5.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$7.85M
$6.87M – $9.15M
NOI $549,230 @ 7.0% cap · market cap 4.58%
Second Best
Industrial
$7.09M
$6.20M – $8.27M
NOI $496,037 @ 7.0% cap · market cap 4.13%
Theoretical Best
Office A
$17.50M
$15.32M – $20.42M
NOI $1,225,298 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
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 $12,000,000.
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.
