Free-Standing Flex
420 N O St, Lompoc, CA 93436
For Sale
$475,000
Steel-frame commercial facility with open interior planning, alley access, and a rolling garage bay door.
Property Size6,700 SF
Lot Size0.24 Acres
Price / SF$73.08
Days on Market227
Property Features for 420 N O St
General Information
Standard status
Size
Lot size
Property subtype
Warehouse & Industrial
Warehouse Space
Drive-In Doors
Power
Voltage
Three-Phase Power
Heavy Power
Building Details
Buildings
Building Size
Construction
Listing Agency:
LPT REALTY, INC
Listed By:
Todd Ranney
(805) 588-2327
Source:
Santaynezvalleyhomesforsale
Added: Mar 29
Changed: Nov 1
Last Checked: Nov 8 at 6:43AM
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 LPT REALTY, INC
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Investment Insights
Based on property information with market context.
This free-standing flex property in Lompoc, California, contains 6,700 square feet on a 0.24-acre lot. The steel-frame building has high-pitched ceilings and an open interior that can support office areas, retail frontage, manufacturing partitions, storage, or distribution functions. Its prior use was as an auto body repair shop.
Infrastructure includes heavy-duty 3-phase electrical service rated at 200 Amps and 240V, providing capacity for machinery, specialized lighting, or cooling equipment. Alley access and a rolling garage bay door support loading and unloading activity. The property is located at 420 N O St in Lompoc.
Infrastructure includes heavy-duty 3-phase electrical service rated at 200 Amps and 240V, providing capacity for machinery, specialized lighting, or cooling equipment. Alley access and a rolling garage bay door support loading and unloading activity. The property is located at 420 N O St in Lompoc.
Key Highlights
- 6,700‑square‑foot steel‑frame flex building on a 0.24‑acre lot
- Heavy‑duty 3‑phase power rated at 200 Amps and 240V
- High‑pitched ceilings provide substantial vertical clearance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,806
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$796,120
$796.1K
Cap Rate 7%
$568,657
$568.7K
Cap Rate 9%
$442,289
$442.3K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$66.3K $10.20/SF
− Vacancy
−$9.4K −$1.45/SF
EGI
$56.9K $8.75/SF
− OpEx
−$17.1K −$2.62/SF
NOI
$39.8K $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%
$796,120
Cap Rate 7%
$568,657
Cap Rate 9%
$442,289
Alternative Uses
Best Use
Flex RnD
$1.19M
$1.04M – $1.39M
NOI $83,346 @ 7.0% cap · market cap 17.55%
Second Best
Warehouse
$690.5K
$604.2K – $805.6K
NOI $48,336 @ 7.0% cap · market cap 10.18%
Theoretical Best
Multifamily LT 5
$2.04M
$1.79M – $2.38M
NOI $142,806 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
1,108
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
$460,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Santa Barbara County, CA
Properties on Market for Flex space in Santa Barbara County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Sassafrass Lompoc — 129 V St, Lompoc, CA 93436
- AR Catering — 129 V St, Lompoc, CA 93436
Frequently Asked Questions
What type of property is this?
Flex space - Steel-frame commercial facility with open interior planning, alley access, and a rolling garage bay door.
Where is this flex space located?
The property is located at 420 N O St Lompoc, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 6,700‑square‑foot steel‑frame flex building on a 0.24‑acre lot; Heavy‑duty 3‑phase power rated at 200 Amps and 240V; High‑pitched ceilings provide substantial vertical clearance
