1521 S Bradley Rd, Santa Maria, CA
5.9-acre parcel suitable for renovation, repurposing, or development.
- Added:
- Aug 20, 2025
- Days on Market:
- 295
- Last Refresh:
- May 20 at 10:04 pm
Property Features for 1521 S Bradley Rd
General Information
- Standard status
- Active
- Size
- 43,610 SF
- Lot size
- 5.90 Acres
- Property subtype
- RETAIL
Listing agent Phillip Kyle (805) 892-6237
Listing office Gallelli Real Estate (805) 892-6237
Listing date Aug 20, 2025
Source Moodyscre
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 Gallelli Real Estate
HighLights
- 5.9 Acre parcel facing US 101 Freeway
- Opportunity to renovate/repurpose or develop
- Located on high traffic road with direct Highway 101 access
- Centers the Santa Maria trade area
- Former movie theater
- Retail strip contains Trader Joe’s, Michaels, Office Depot, Red Lobster, Applebee’s Grill & Bar, In‑N‑Out Burger, McDonald’s, Carl’s Jr, and Taco Bell
Overview
Local Financial Insights For Retail
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 | $942.0k | $21.60 |
| − Vacancy | −$80.1k | −$1.84 |
| EGI | $861.9k | $19.76 |
| − OpEx | −$258.6k | −$5.93 |
| NOI | $603.3k | $13.83 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Vons Floral — 817 E Main St, Santa Maria, CA 93454
- Akd Florist — 740 E Oak St, Santa Maria, CA 93454
- Life In Bloom — 530 E Boone St, Santa Maria, CA 93454
Location Insight
- Map
- Local Demand
- City
- Santa Maria
- County
- Santa Barbara
- State
- California
- Longitude
- -120.42
- Latitude
- 34.9337
