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    4855 Primero St New Cuyama, CA 93254

    Sponsored
    For Sale
    $1,800,000

    Six-Unit Retail Complex, High Income

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a thriving six-unit retail center in New Cuyama, California, situated on a substantial 14,374 square foot lot (APN: 149-032-010). The property boasts 100% occupancy and includes a successful supermarket generating $90,000 in gross sales annually with a 40% margin, a burger barn contributing $20,000-$30,000 in gross annual income, and a laundromat providing a consistent $1,000 monthly net income. Adding to the diverse income streams are three additional tenants: a post office paying $740 monthly rent, an antique shop paying $600 monthly, and the local water district contributing $300 monthly. The supermarket operates seven days a week, from 7 am to 9 pm. The property is located at 4855 Primero St, New Cuyama, CA 93254, and is offered at $1,800,000. This represents a significant opportunity to acquire a well-established, multi-faceted retail center with proven profitability and strong tenant occupancy in a stable community. The property's diverse tenant mix and high occupancy rate ensure a reliable and substantial return on investment. This is a turnkey operation, ready for immediate income generation. The single building houses all six units. This property is priced to sell and represents a compelling investment opportunity.

    Property Features for 4855 Primero St

    General Information

    Property type
    Lifestyle centers

    Building Details

    Buildings
    1
    Units
    6

    HighLights

    • Six‑unit retail center in New Cuyama, CA on a 14,374 sq ft lot (APN: 149‑032‑010).
    • 100% occupancy with diverse tenant mix including a supermarket ($90,000 annual gross sales, 40% margin), burger barn ($20,000-$30,000 annual gross income), laundromat ($1,000 monthly net income), post office ($740 monthly rent), antique shop ($600 monthly rent), and water district ($300 monthly rent).
    • Located at 4855 Primero St, New Cuyama, CA 93254.
    • Offered at $1,800,000.
    • Turnkey operation with strong cash flow and high occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Hotel & Motel Clothing Store Grocery Store Auto Repair Shop Kitchen & Bath Cafe & Coffee Shop Pawn Shop Wine and Liquor Store Travel Agency Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    New Cuyama
    County
    Santa Barbara
    State
    California
    Longitude
    -119.68848198086
    Latitude
    34.947625207668

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    FAQs

    What type of property is this?
    Lifestyle center - Six-Unit Retail Complex, High Income
    Where is this lifestyle center located?
    The property is located at 4855 Primero St New Cuyama, CA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Six-unit retail center in New Cuyama, CA on a 14,374 sq ft lot (APN: 149-032-010).; 100% occupancy with diverse tenant mix including a supermarket ($90,000 annual gross sales, 40% margin), burger barn ($20,000-$30,000 annual gross income), laundromat ($1,000 monthly net income), post office ($740 monthly rent), antique shop ($600 monthly rent), and water district ($300 monthly rent).; Located at 4855 Primero St, New Cuyama, CA 93254.
    Request Owner's contact information
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    New Cuyama, CA 93254
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    Realmo Value Estimation

    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.

    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.

    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
    4855 Primero St New Cuyama, CA 93254
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