Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lompoc Office & Warehouse Suites Title is generated by Realmo AI

    432 Commerce Ct, Lompoc, CA 93436

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Office and warehouse suites available in Lompoc business park.

    Type:Office, Industrial
    Property size:
    4,876 SF
    Added:
    Jan 30, 2026
    Days on Market:
    102
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 432 Commerce Ct

    General Information

    Standard status
    Active
    Size
    4,876 SF
    Property subtype
    Office, Industrial

    Building Details

    Year Built
    1992

    Spaces For Lease

    at 432 Commerce Ct Contact us

    Suite D $1.25 /Mo

    Size
    1,368 SF
    Type
    Office
    First floor office
    Contact us

    Suite A $1.25 /Mo

    Size
    1,200 SF
    Type
    Office
    1st Floor office
    Contact us

    Suite B $1.25 /Mo

    Size
    2,568 SF
    Type
    Office
    Suite B: 2,568 SF upstairs office – restroom with shower
    Contact us

    Suite E $1.25 /Mo

    Size
    4,065 SF
    Type
    Industrial
    • Suite E: 4,065 SFn – Must be leased with Suite A or Suite Dn – Direct...
    show more
    Contact us

    Suite C $1.25 /Mo

    Size
    2,888 SF
    Type
    Industrial
    Contact us

    Suite F $1.25 /Mo

    Size
    4,876 SF
    Type
    Industrial, Office
    Contact us
    Show more

    We can help!

    Listing Contact
    Sam Chao

    Listing agent Sam Chao License #FLBO

    Listing office Sam Chao

    Listing date Jan 30, 2026

    Source Crexi

    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 Sam Chao

    HighLights

    • Multiple office and warehouse suites available in various sizes (1,200–4,876 SF).
    • Desirable Business Park zoning allows cannabis‑related uses.
    • Warehouse units feature high power 3 phase electrical service.
    • Office suites include restrooms (some with showers).
    • Competitive asking rent: $1.25/SF/month + NNN.
    • Flexible lease terms are negotiable.

    Overview

    Office and warehouse suites are available in multiple sizes, ranging from 1,200 to 4,876 square feet. The property is located within a desirable business park zone. Zoning allows for cannabis-related uses, although there are currently no cannabis tenants. Warehouse units feature high-power 3-phase electrical service. Available office suites include Suite A, offering 1,200 square feet with 2 restrooms; Suite D, providing 1,368 square feet with 2 restrooms; and Suite B, a 2,568 square foot upstairs office with a restroom including a shower. Available warehouse suites include Suite C, with 2,888 square feet; Suite F, with 4,876 square feet; and Suite E, offering 4,065 square feet. Suite E must be leased in conjunction with Suite A, B, or D to provide restroom access.
    Location Intelligence

    Current Use by Public Records

    Iron Mountain Recycling Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lompoc
    County
    Santa Barbara
    State
    California
    Longitude
    -120.4611889
    Latitude
    34.6633278

    Nearby Similar for Lease

    • $1.00 SF/Yr

      Downtown Lompoc Flexible Retail Space

      Versatile 7,000 SF space suitable for retail or entertainment.
      110 W Ocean Ave, Lompoc, CA
      View Details
    • $1.45 SF/Yr

      Prime Commercial Building in Old Town

      Corner commercial building in the heart of the Old Town.
      137 S H St, Lompoc, CA
      View Details
    • $1.50 SF/Yr

      Refurbished Industrial Unit with Yard

      Clean industrial unit with roll-up door and fenced yard.
      405 N N St, Lompoc, CA 93436
      View Details
    • $2 SF/Yr

      Retail Space in Mission Plaza

      Retail space available in a busy Lompoc shopping center.
      1512 N H St, Lompoc, CA
      View Details
    • $1.50 SF/Yr

      Temperature Controlled Warehouse Under Construction

      New temperature controlled warehouse/production facility near Lompoc Airport.
      1501 N L Street, Lompoc, CA 93436
      View Details
    • $3 SF/Yr

      Retail Pad in High-Traffic Area

      Multi-tenant retail space in a busy Lompoc location.
      1405 N H St, Lompoc, CA
      View Details
    • Contact for pricing

      Freestanding Restaurant Building For Rent

      Freestanding restaurant building with excellent exposure and existing infrastructure.
      1129 North H St, Lompoc, CA 93436
      View Details
    • $2 SF/Yr

      Retail Space in Lompoc, CA

      Retail space available in high-traffic Lompoc location.
      533-701 W Central Ave, Lompoc, CA
      View Details
    • $4,400/Mo

      Downtown Lompoc Office/Retail Space

      High-image office or retail space in downtown Lompoc.
      215 N H St, Lompoc, CA
      View Details
    • Contact for pricing

      Lompoc Retail & Restaurant Space

      Retail and restaurant spaces available in Lompoc, California.
      300 N 12th St, Lompoc, CA
      View Details
    • Contact for pricing

      Retail Space in Lompoc, CA

      5,000 SF retail space available for rent.
      1310 N H St, Lompoc, CA
      View Details
    • Contact for pricing

      Mixed-Use Building in Prime Location

      Versatile commercial building with redevelopment potential in Lompoc.
      112 N F St, Lompoc, CA 93436
      View Details

    FAQs

    What type of property is this?
    Flex space - Office and warehouse suites available in Lompoc business park.
    Where is this flex space located?
    The property is located at 432 Commerce Ct Lompoc, CA.
    What are key features of this property?
    This property features: Multiple office and warehouse suites available in various sizes (1,200–4,876 SF).; Desirable Business Park zoning allows cannabis‑related uses.; Warehouse units feature high power 3 phase electrical service.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sam Chao
    Real Estate License ID: FLBO
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    432 Commerce Ct, Lompoc, CA 93436
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!