Flex Warehouse
For Sale
Contact for pricing
445 Pine Ave, Goleta, CA 93117
For-sale flex warehouse property in Santa Barbara County, offered at 445 Pine Avenue in Goleta.
Property Size20,684 SF
Days on Market171
Property Features for 445 Pine Ave
General Information
Standard status
Active
Size
20,684 SF
Property subtype
Commercial
Listing Agency:
Hayes Commercial Group
Listed By:
Greg Bartholomew · License #01131126
(805) 563-2111
Source:
Santabarbarahomesearcher
Added: May 1
Changed: Oct 1
Last Checked: Oct 16 at 9:02AM
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 for-sale flex warehouse property is listed as part of the industrial flex space and warehouse category, providing a combined flex/warehouse configuration. The property totals 20,684 square feet.
Located at 445 Pine Avenue in Goleta, the offering is within Santa Barbara County, CA. It is presented as a commercial real estate purchase opportunity for a wide range of warehouse and flex tenants based on the property’s existing flex/warehouse classification.
Located at 445 Pine Avenue in Goleta, the offering is within Santa Barbara County, CA. It is presented as a commercial real estate purchase opportunity for a wide range of warehouse and flex tenants based on the property’s existing flex/warehouse classification.
Key Highlights
- Flex warehouse property for sale in Santa Barbara County (Santa Barbara).
- Address: 445 Pine Avenue, Goleta.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,668
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,533,360
$2.5M
Cap Rate 7%
$1,809,543
$1.8M
Cap Rate 9%
$1,407,422
$1.4M
Market Conditions
NOI Build-Up for 20,684 SF
Gross rent
$211.0K $10.20/SF
− Vacancy
−$30.0K −$1.45/SF
EGI
$181.0K $8.75/SF
− OpEx
−$54.3K −$2.62/SF
NOI
$126.7K $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%
$2,533,360
Cap Rate 7%
$1,809,543
Cap Rate 9%
$1,407,422
Alternative Uses
Best Use
Flex RnD
$3.79M
$3.32M – $4.42M
NOI $265,219 @ 7.0% cap · market cap 13,260,950.00%
Second Best
Industrial
$1.81M
$1.58M – $2.11M
NOI $126,668 @ 7.0% cap · market cap 6,333,400.00%
Theoretical Best
Multifamily LT 5
$6.49M
$5.68M – $7.57M
NOI $454,430 @ 7.0% cap · market cap 22,721,500.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,376
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 93117, CA
53,430
Population
18,208
Households
2.9
Avg Household Size
28
Median Age
49%
College-Educated
90%
High-School Grad
168.1 sq mi
ZIP Area
318
Density / Sq Mi
$85,711
Median Household Income
$28,542
Median Earnings
$1,980
Median Rent
$1,021,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Elubia's Kitchen — 325 Rutherford St Suite D, Goleta, CA 93117
- AR Catering — 6034 Hollister Ave, Goleta, CA 93117
- Santa Barbara Catering Company — 6030 Hollister Ave, Goleta, CA 93117
- Santa Barbara Food Connection — 5599 Hollister Ave, Goleta, CA 93117
- Pocotruck — 5756 Calle Real, Santa Barbara, CA 93117
Frequently Asked Questions
What type of property is this?
Flex space - For-sale flex warehouse property in Santa Barbara County, offered at 445 Pine Avenue in Goleta.
Where is this flex space located?
The property is located at 445 Pine Ave Goleta, CA.
What are key features of this property?
This property features: Flex warehouse property for sale in Santa Barbara County (Santa Barbara).; Address: 445 Pine Avenue, Goleta.
