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    112 F St Lompoc, CA 93436

    For Lease
    Contact for pricing

    Prime Lompoc location, redevelopment potential.

    Lot size:
    6,699 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 6,699 square foot commercial building presents a unique investment opportunity in the thriving city of Lompoc, California. Built in 2006, this single-tenant property boasts a versatile design ideal for owner-users seeking retail or creative office space. Currently configured as three units, the building sits on a substantial 17,424 square foot lot, providing ample space and potential for expansion. The property's Mixed-Use (MU) zoning designation unlocks significant redevelopment potential. The City of Lompoc has indicated approval for conversion into an eight-unit apartment complex, comprising four one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. This presents a compelling opportunity for investors seeking to capitalize on the strong demand for multifamily housing in the area. The property includes 26 on-site parking spaces, a significant advantage in a location with high parking demand. Its convenient location near major transportation corridors further enhances its appeal. This property offers a rare blend of immediate income potential and long-term growth prospects, making it an exceptional investment in a dynamic California market. Located at 112 N F St, Lompoc, CA 93436, this property is situated in Santa Barbara County.

    Property Features for 112 F St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,699 SF

    Unit(s) available at that property

    Space
    Size
    6,699 SF

    HighLights

    • Address: 112‑116 N F St, Lompoc, CA 93436, Santa Barbara County.
    • 6,699 SF building on a 17,424 SF (0.4 acre) lot.
    • Mixed‑Use (MU) zoning with Planned Development Overlay, allowing for conversion to an eight‑unit apartment complex (City approval indicated).
    • $1,250,000 sale price ($212/SF).
    • Three units, currently vacant, available immediately.
    • 26 parking spaces.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lompoc
    County
    Santa Barbara
    State
    California
    Longitude
    -120.4551139
    Latitude
    34.6397753

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    FAQs

    What type of property is this?
    Office space - Prime Lompoc location, redevelopment potential.
    Where is this office space located?
    The property is located at 112 F St Lompoc, CA.
    What are key features of this property?
    This property features: Address: 112-116 N F St, Lompoc, CA 93436, Santa Barbara County.; 6,699 SF building on a 17,424 SF (0.4 acre) lot.; Mixed-Use (MU) zoning with Planned Development Overlay, allowing for conversion to an eight-unit apartment complex (City approval indicated).
    Request Owner's contact information
    112 F St Lompoc, CA 93436
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    Lompoc, CA 93436
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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
    112 F St Lompoc, CA 93436
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