For-Sale Office
For Sale
Contact for pricing
525 Anacapa St, Santa Barbara, CA 93101
For-sale office building totaling 10,723 square feet.
Property Size10,723 SF
Price / SF$461.62
Days on Market383
Property Features for 525 Anacapa St
General Information
Standard status
Active
Size
10,723 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Lower State
Listing Agency:
Radius Commercial Real Estate
(805) 965-5500
Listed By:
Gene Deering · License #1450943
(805) 879-9623
Source:
Moodyscre
Added: Oct 17, 2025
Changed: Sep 14
Last Checked: Nov 1 at 7:34AM
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 Radius Commercial Real Estate
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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 office building is offered as a commercial property totaling 10,723 square feet.
The property is located at 525 Anacapa St in Santa Barbara, California.
The offering is presented as an office building available for purchase.
The property is located at 525 Anacapa St in Santa Barbara, California.
The offering is presented as an office building available for purchase.
Key Highlights
- For‑sale office building totaling 10,723 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$191,296
Cap Rate
3.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,825,920
$3.8M
Cap Rate 7%
$2,732,800
$2.7M
Cap Rate 9%
$2,125,511
$2.1M
Market Conditions
NOI Build-Up for 10,723 SF
Gross rent
$283.1K $26.40/SF
− Vacancy
−$28.0K −$2.61/SF
EGI
$255.1K $23.79/SF
− OpEx
−$63.8K −$5.95/SF
NOI
$191.3K $17.84/SF
Area
Santa Barbara County, CA
Vacancy
9.90%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,825,920
Cap Rate 7%
$2,732,800
Cap Rate 9%
$2,125,511
Alternative Uses
Best Use
Office B
$2.73M
$2.39M – $3.19M
NOI $191,296 @ 7.0% cap · market cap 3.86%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$3.37M
$2.94M – $3.93M
NOI $235,586 @ 7.0% cap · market cap 4.76%
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
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Current Use
Location Intelligence
Trade Area within ½ mile
6,040
Businesses Nearby
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - For-sale office building totaling 10,723 square feet.
Where is this office building located?
The property is located at 525 Anacapa St Santa Barbara, CA.
What is the asking price?
The asking price for this property is $4,950,000.
What are key features of this property?
This property features: For‑sale office building totaling 10,723 SF
