Office Building For
2029 VILLAGE Lane Solvang, CA 93463
2029 VILLAGE Lane, Solvang, CA, 93463
$5,500,000
For Sale
$5,500,000
For sale office property located at 2029 Village Lane in Solvang, California.
Property Size18,394 SF
Price / SF$299.01
Days on Market451
Property Features for 2029 VILLAGE Lane
General Information
- Standard status
- Active
- Size
- 18,394 SF
- Property subtype
- Office
Building Details
- Year Built
- 1975
Listing agency
Town & Country R.E. & Dev.
(805) 878-2388
Listed by
Jeremy Kemlo · License #01952824
(805) 878-2388
Source
Xome
Added: Apr 27, 2025 Updated: Jul 21 at 3:21AM Checked: Jul 21 at 3:21AM
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 Town & Country R.E. & Dev.
Investment Insights
Based on property information with market context.
This for-sale office building offers a commercial real estate option in Solvang, California, at 2029 Village Lane (CA 93463). The offering is categorized as an office building and related office space, providing a straightforward structure for office-oriented occupancy.
The property is presented as part of a broader commercial real estate offering for sale. While additional building details are not provided here, the asset is positioned for consideration by buyers or brokers seeking an office property within the Solvang market.
For more information on the available configuration and any property-specific improvements, reach out for the complete offering materials.
The property is presented as part of a broader commercial real estate offering for sale. While additional building details are not provided here, the asset is positioned for consideration by buyers or brokers seeking an office property within the Solvang market.
For more information on the available configuration and any property-specific improvements, reach out for the complete offering materials.
Key Highlights
- Office property for sale at 2029 Village Lane, Solvang, California
- Year built: 1975
- Central air cooling
Local Financial Insights For Office B
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 | $485.6k | $26.40 |
| − Vacancy | −$48.1k | −$2.61 |
| EGI | $437.5k | $23.79 |
| − OpEx | −$109.4k | −$5.95 |
| NOI | $328.1k | $17.84 |
18,394 SF · lease $26.40/SF/yr · vacancy 9.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.69M
$4.10M – $5.47M
NOI $328,145 @ 7.0% cap · market cap 5.97%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$5.77M
$5.05M – $6.74M
NOI $404,118 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fionda LLC
Marketing & Advertising
Edward Jones - Financial ...
Financial Advisor
Edward Jones - Financial ...
Financial Advisor
VNA Health
Home Health Care Service
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FAQs
What type of property is this?
Office building - For sale office property located at 2029 Village Lane in Solvang, California.
Where is this office building located?
The property is located at 2029 VILLAGE Lane Solvang, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Office property for sale at 2029 Village Lane, Solvang, California; Year built: 1975; Central air cooling
