Goleta Warehouse and Office
For Sale
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30 S La Patera Ln, Goleta, CA 93117
Flexible R&D/industrial/office space near the airport and UCSB.
Property Size12,805 SF
Days on Market275
Property Features for 30 S La Patera Ln
General Information
Standard status
Active
Size
12,805 SF
Property subtype
Commercial
Listing Agency:
Hayes Commercial Group
Listed By:
Kris Roth
(805) 898-4361
Source:
Santabarbarahomesearcher
Added: Jan 26
Changed: Oct 25
Last Checked: Oct 26 at 4:21PM
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 Hayes Commercial Group
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Investment Insights
Based on property information with market context.
This property features warehouse and office spaces located in Goleta, near the airport, UCSB, and the future Goleta Transit Center. Unit 8 offers flexible R&D, industrial, and office space with high ceilings and the potential to convert it into clear-span warehouse space with a roll-up door. Unit 9 is a warehouse space that includes a kitchenette, conference room, private offices, and ground-level loading, with access to a shared dock. Unit 11 is a bright, airy, second-floor office space with a mix of open area and private offices. Units 8 and 9 can be combined to create a total of 24,337 square feet. Current tenants include Kate Farms, Aqua-Flo, ZAD, Northrop Grumman, Microdyn Nadir, and OSI Hardware. The property is suitable for a variety of uses.
Key Highlights
- Potential to combine Units 8 and 9 for a total of 24,337 SF of flexible space.
- Prime Goleta location near the airport, UCSB, and future Goleta Transit Center.
- Unit 8 offers flexible R&D/industrial/office space with high ceilings and potential for conversion to clear‑span warehouse with roll‑up door.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,418
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,568,360
$1.6M
Cap Rate 7%
$1,120,257
$1.1M
Cap Rate 9%
$871,311
$871.3K
Market Conditions
NOI Build-Up for 12,805 SF
Gross rent
$130.6K $10.20/SF
− Vacancy
−$18.6K −$1.45/SF
EGI
$112.0K $8.75/SF
− OpEx
−$33.6K −$2.62/SF
NOI
$78.4K $6.12/SF
Area
Santa Barbara County, CA
Vacancy
14.23%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,568,360
Cap Rate 7%
$1,120,257
Cap Rate 9%
$871,311
Alternative Uses
Best Use
Office B
$3.26M
$2.86M – $3.81M
NOI $228,439 @ 7.0% cap · market cap 22,843,900.00%
Second Best
Flex RnD
$2.35M
$2.05M – $2.74M
NOI $164,191 @ 7.0% cap · market cap 16,419,100.00%
Theoretical Best
Multifamily LT 5
$4.02M
$3.52M – $4.69M
NOI $281,327 @ 7.0% cap · market cap 28,132,700.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 93117, CA
53,430
Population
18,208
Households
2.9
Avg Household Size
28
Median Age
49%
College-Educated
90%
High-School Grad
168.1 sq mi
ZIP Area
318
Density / Sq Mi
$85,711
Median Household Income
$28,542
Median Earnings
$1,980
Median Rent
$1,021,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Pete Clements Catering — 152 Aero Camino, Goleta, CA 93117
- Neighbor Tim's BBQ — 152 aero camino, goleta, ca 93117
- AR Catering — 6034 Hollister Ave, Goleta, CA 93117
- Santa Barbara Catering Company — 6030 Hollister Ave, Goleta, CA 93117
Frequently Asked Questions
What type of property is this?
Flex space - Flexible R&D/industrial/office space near the airport and UCSB.
Where is this flex space located?
The property is located at 30 S La Patera Ln Goleta, CA.
What are key features of this property?
This property features: Potential to combine Units 8 and 9 for a total of 24,337 SF of flexible space.; Prime Goleta location near the airport, UCSB, and future Goleta Transit Center.; Unit 8 offers flexible R&D/industrial/office space with high ceilings and potential for conversion to clear‑span warehouse with roll‑up door.
