6-Unit
New
For Sale
Contact for pricing
317-321 N 2nd St, Lompoc, CA 93436
Fenced rear loading and yard areas serve a multi-tenant industrial property.
Property Size12,000 SF
Price / SF$207.92
Days on Market3
Property Features for 317-321 N 2nd St
General Information
Standard status
Active
Size
12,000 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Drive-In Doors
8
Loading
Rear Load
Additional Details
Fenced Yard
Yes
Property Use
Warehouse
Building Details
Tenancy
Multi
Listing Agency:
Hayes Commercial Group
(805) 898-4363
Listed By:
Nolan Tooley · License #02127359
(805) 898-4383
Source:
Moodyscre
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 2:39PM
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
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 12,000-square-foot warehouse property is divided into six units and includes eight GL doors. Fenced loading and yard areas are located at the rear of the building.
The property is at 317-321 N 2nd St in Lompoc, California.
The property is at 317-321 N 2nd St in Lompoc, California.
Key Highlights
- 12,000 square feet of industrial space
- Six‑unit multi‑tenant configuration
- Eight GL doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,235
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,784,700
$1.8M
Cap Rate 7%
$1,274,786
$1.3M
Cap Rate 9%
$991,500
$991.5K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$122.4K $10.20/SF
− Vacancy
−$17.4K −$1.45/SF
EGI
$105.0K $8.75/SF
− OpEx
−$15.7K −$1.31/SF
NOI
$89.2K $7.44/SF
Area
Santa Barbara County, CA
Vacancy
14.23%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,784,700
Cap Rate 7%
$1,274,786
Cap Rate 9%
$991,500
Alternative Uses
Best Use
Warehouse
$1.27M
$1.12M – $1.49M
NOI $89,235 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.77M
$3.30M – $4.39M
NOI $263,641 @ 7.0% cap · market cap 10.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
8
Drive-in doors
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93436, CA
56,730
Population
18,928
Households
3
Avg Household Size
37
Median Age
17%
College-Educated
76%
High-School Grad
228.0 sq mi
ZIP Area
249
Density / Sq Mi
$76,241
Median Household Income
$36,340
Median Earnings
$1,578
Median Rent
$460,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Emergency Storage Express — 112 N E St, Lompoc, CA 93436
- Extra Space Storage — 224 N A St, Lompoc, CA 93436
- Lompoc Mini Storage & Associates — 1560 E Laurel Ave, Lompoc, CA 93436
Frequently Asked Questions
What type of property is this?
Warehouse - Fenced rear loading and yard areas serve a multi-tenant industrial property.
Where is this warehouse located?
The property is located at 317-321 N 2nd St Lompoc, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 12,000 square feet of industrial space; Six‑unit multi‑tenant configuration; Eight GL doors
