Listing Agency: Berkshire Hathaway HomeServices California Properties

Listed By: Steve Heller · License #CA

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:54PM

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Investment Insights

Based on property information with market context.

This M-1 industrial lot includes a small cottage that was moved onto the property in 1930. The existing structure is not habitable and is identified for removal, with the site positioned for development of a shop, warehouse, or storage facility.

The property is located at 423 Rose Ave in Santa Barbara, California.

Key Highlights

• M‑1 industrial lot
• Small cottage moved onto the property in 1930
• Existing home is not habitable

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Tanning Salon Pet Grooming Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,224

Businesses Nearby

Explore this area Business Placement

Demographics for 93101, CA

30,513

Population

13,664

Households

2.2

Avg Household Size

36

Median Age

41%

College-Educated

83%

High-School Grad

3.2 sq mi

ZIP Area

9,535

Density / Sq Mi

$79,868

Median Household Income

$42,614

Median Earnings

$2,109

Median Rent

$1,122,200

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial land - M-1 lot with a nonhabitable cottage and redevelopment potential for industrial improvements.

Where is this industrial land located?

The property is located at 423 Rose Ave Santa Barbara, CA.

What are key features of this property?

This property features: M‑1 industrial lot; Small cottage moved onto the property in 1930; Existing home is not habitable