Automotive Shop Property for
For Sale
$1,399,000
410-414 410-414 Street, Lompoc, CA 93436
Automotive shop property listed for sale in Lompoc, totaling 4,700 square feet.
Property Size4,700 SF
Price / SF$297.66
Days on Market423
Property Features for 410-414 410-414 Street
General Information
Standard status
Active
Size
4,700 SF
Property subtype
Retail
Amenities
3
Building Details
Year Built
1910
Listing Agency:
Re/Max Success
(805) 459-1627
Listed By:
Michael Puhek · License #01441759
(805) 459-1627
Source:
Xome
Added: Jun 15, 2025
Changed: Aug 8
Last Checked: Aug 10 at 3:22AM
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 Re/Max Success
Investment Insights
Based on property information with market context.
Available for sale, this automotive shop property is offered as a commercial real estate asset within the retail and automotive property categories. The listing includes a total size of 4,700 square feet and is currently priced at $1,399,000.
The property is located at 410-414 N H Street in Lompoc, CA 93436. For additional details on configuration, condition, and tenant or unit layout, contact the listing broker.
The property is located at 410-414 N H Street in Lompoc, CA 93436. For additional details on configuration, condition, and tenant or unit layout, contact the listing broker.
Key Highlights
- Automotive shop property for sale in Lompoc
- Total 4,700 SF of space for an automotive shop
- Built in 1910
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,038
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.22%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,460,760
$1.5M
Cap Rate 7%
$1,043,400
$1.0M
Cap Rate 9%
$811,533
$811.5K
Market Conditions
NOI Build-Up for 4,700 SF
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.
Gross rent
$112.8K $24.00/SF
− Vacancy
−$8.5K −$1.80/SF
EGI
$104.3K $22.20/SF
− OpEx
−$31.3K −$6.66/SF
NOI
$73.0K $15.54/SF
Area
Santa Barbara County, CA
Vacancy
7.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,460,760
Cap Rate 7%
$1,043,400
Cap Rate 9%
$811,533
Alternative Uses
Best Use
Retail
$1.04M
$913.0K – $1.22M
NOI $73,038 @ 7.0% cap · market cap 5.22%
Second Best
Industrial
$411.2K
$359.8K – $479.7K
NOI $28,783 @ 7.0% cap · market cap 2.06%
Theoretical Best
Multifamily LT 5
$1.48M
$1.29M – $1.72M
NOI $103,260 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2
Businesses Nearby
Well-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 Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Automotive shop property listed for sale in Lompoc, totaling 4,700 square feet.
Where is this auto shop located?
The property is located at 410-414 410-414 Street Lompoc, CA.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Automotive shop property for sale in Lompoc; Total 4,700 SF of space for an automotive shop; Built in 1910
