Industrial Condo with Office
For Sale
Contact for pricing
2336 Skyway Drive, Santa Maria, CA 93455
Compact industrial condominium with a lobby, two offices, and a restroom.
Property Size1,306 SF
Price / SF$305.51
Days on Market49
Property Features for 2336 Skyway Drive
General Information
Standard status
Active
Size
1,306 SF
Property subtype
Office, Industrial
Site & Location
Neighborhood
Midco
Road Access
Yes
Listing Agency:
Santa Maria -Pacifica Commercial Realty
Listed By:
Mike Kelly · License #CA 01800988
Source:
Crexi
Added: Sep 14
Changed: Oct 25
Last Checked: Nov 1 at 4:00AM
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 Santa Maria -Pacifica Commercial Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial condominium provides approximately 1,306 square feet of space configured with a lobby, two offices, and a restroom. The existing layout supports a combination of administrative and industrial functions within a compact commercial unit.
The property is located at 2336 Skyway Drive in Santa Maria, California, one block south of Betteravia Road. Unit 1 is offered for sale.
The property is located at 2336 Skyway Drive in Santa Maria, California, one block south of Betteravia Road. Unit 1 is offered for sale.
Key Highlights
- Approximately 1,306 square feet of industrial condominium space
- Lobby, two offices, and one restroom
- Located on Skyway Drive, one block south of Betteravia Road
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,506
Cap Rate
3.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,120
$250.1K
Cap Rate 7%
$178,657
$178.7K
Cap Rate 9%
$138,956
$139.0K
Market Conditions
NOI Build-Up for 1,306 SF
Gross rent
$18.8K $14.40/SF
− Vacancy
−$940 −$0.72/SF
EGI
$17.9K $13.68/SF
− OpEx
−$5.4K −$4.10/SF
NOI
$12.5K $9.58/SF
Area
Santa Maria, CA
Vacancy
5.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,120
Cap Rate 7%
$178,657
Cap Rate 9%
$138,956
Alternative Uses
Best Use
Industrial
$178.7K
$156.3K – $208.4K
NOI $12,506 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$441.3K
$386.2K – $514.9K
NOI $30,893 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Explore this area
Business Placement
Demographics for 93455, CA
45,282
Population
16,087
Households
2.8
Avg Household Size
40
Median Age
32%
College-Educated
89%
High-School Grad
118.3 sq mi
ZIP Area
383
Density / Sq Mi
$108,501
Median Household Income
$53,120
Median Earnings
$2,267
Median Rent
$572,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Industrial property - Compact industrial condominium with a lobby, two offices, and a restroom.
Where is this industrial property located?
The property is located at 2336 Skyway Drive Santa Maria, CA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Approximately 1,306 square feet of industrial condominium space; Lobby, two offices, and one restroom; Located on Skyway Drive, one block south of Betteravia Road
