Corner Flex Building with Roll-Up
1401 N O ST Lompoc, CA 93436
1401 N O ST, Lompoc, CA, 93436
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For Sale
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Freestanding flex building with office, service, and warehouse areas plus four roll-up doors on a prominent corner parcel.
Property Size7,680 SF
Lot Size2.20 Acres
Price / SF$455.73
Days on Market51
Property Features for 1401 N O ST
General Information
- Standard status
- Active
- Size
- 7,680 SF
- Lot size
- 2.20 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1991
Listing agency
Berkshire Hathaway Commercial Division
Listed by
Mitch Stark · License #CA 01196532
Source
Crexi
Added: Jun 1 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 5:18AM
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 Berkshire Hathaway Commercial Division
Investment Insights
Based on property information with market context.
The property is a freestanding flex building totaling 7,680 SF on a 2.20-acre corner parcel. The interior is configured for a combination of customer service space, administrative offices, and a stock room with high ceilings, along with a spacious warehouse area. The warehouse portion features four roll-up doors and approximately 18-foot ceilings. The building is fire sprinklered and includes 400 amp 3-phase power, as well as two ADA restrooms (at the time of construction).
The building sits in a high-profile, prominent corner location at the intersection of North O St and Central Ave in Lompoc, CA. It is identified as being across from Walmart, supporting convenient everyday accessibility for visitors and customers.
This setup can work well for tenants seeking a single-site operation that blends office and customer-facing functions with warehouse or storage requirements. The presence of multiple roll-up doors and substantial ceiling height can be beneficial for shipping, receiving, and handling inventory in the warehouse area, while the office and service zones support day-to-day administration. An existing equipment rental business is noted as available for purchase separately.
The building sits in a high-profile, prominent corner location at the intersection of North O St and Central Ave in Lompoc, CA. It is identified as being across from Walmart, supporting convenient everyday accessibility for visitors and customers.
This setup can work well for tenants seeking a single-site operation that blends office and customer-facing functions with warehouse or storage requirements. The presence of multiple roll-up doors and substantial ceiling height can be beneficial for shipping, receiving, and handling inventory in the warehouse area, while the office and service zones support day-to-day administration. An existing equipment rental business is noted as available for purchase separately.
Key Highlights
- Freestanding 7,680 SF flex building on a 2.20‑acre corner parcel at N O St and Central Ave in Lompoc, CA
- Includes customer service area, administrative offices, and a stock room with high ceilings
- Spacious warehouse with approx. 18' ceilings and 4 roll‑up doors
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 | $202.8k | $26.40 |
| − Vacancy | −$20.1k | −$2.61 |
| EGI | $182.7k | $23.79 |
| − OpEx | −$45.7k | −$5.95 |
| NOI | $137.0k | $17.84 |
7,680 SF · lease $26.40/SF/yr · vacancy 9.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.96M
$1.71M – $2.28M
NOI $137,010 @ 7.0% cap · market cap 3.91%
Second Best
Flex RnD
$1.41M
$1.23M – $1.64M
NOI $98,476 @ 7.0% cap · market cap 2.81%
Theoretical Best
Multifamily LT 5
$2.41M
$2.11M – $2.81M
NOI $168,730 @ 7.0% cap · market cap 4.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Aceco Equipment Co
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Freestanding flex building with office, service, and warehouse areas plus four roll-up doors on a prominent corner parcel.
Where is this flex space located?
The property is located at 1401 N O ST Lompoc, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Freestanding 7,680 SF flex building on a 2.20‑acre corner parcel at N O St and Central Ave in Lompoc, CA; Includes customer service area, administrative offices, and a stock room with high ceilings; Spacious warehouse with approx. 18' ceilings and 4 roll‑up doors
