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    317 Milpas St Santa Barbara, CA 93103

    Sponsored
    For Lease
    $33 SF/Yr

    2,670 SF Medical Office, 9 Parking Spaces

    Lot size:
    2,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,670-square-foot medical office space is ideally situated on the ground floor of a free-standing building in Santa Barbara's vibrant Milpas Corridor. Located at 317 N Milpas St, Santa Barbara, CA 93103, this single-tenant property offers unparalleled convenience and accessibility. The space boasts a thoughtfully designed layout, including a welcoming waiting room and reception area, two private doctor's offices, eight well-appointed exam rooms, a dedicated lab space, ample storage, a convenient kitchenette, and two private restrooms. An on-site X-ray room adds to the property's functionality. The building provides nine convenient parking spaces for staff and patients. Its prime location offers easy access to major amenities, including a CVS and Trader Joe's just half a block away. Furthermore, the property enjoys proximity to Highway 101 (four blocks) and is less than a mile from the beach, providing exceptional convenience for both patients and staff. The owner is open to considering non-medical uses for this versatile space, making it an attractive option for a variety of businesses. This property presents a unique opportunity to acquire a well-maintained, functional space in a highly desirable location within Santa Barbara County.

    Property Features for 317 Milpas St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,670 SF

    Unit(s) available at that property

    Space
    Size
    2,670 SF
    Rate per SF
    $33

    HighLights

    • 2,670 SF medical office space, ground floor, free‑standing building, Santa Barbara's Milpas Corridor.
    • $2.80 MGR rental rate.
    • Immediately available, 2‑5 year lease terms.
    • Nine on‑site parking spaces.
    • Features include: reception area, two private offices, eight exam rooms, lab space, kitchenette, two private restrooms, and on‑site X‑ray room.
    • Excellent location near Highway 101, beach, CVS, and Trader Joe's.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Barbara
    County
    Santa Barbara
    State
    California
    Longitude
    -119.6838699
    Latitude
    34.4243775

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    FAQs

    What type of property is this?
    Medical office - 2,670 SF Medical Office, 9 Parking Spaces
    Where is this medical office located?
    The property is located at 317 Milpas St Santa Barbara, CA.
    What is the lease rate?
    The lease rate is $33 SF/Yr.
    What are key features of this property?
    This property features: 2,670 SF medical office space, ground floor, free-standing building, Santa Barbara's Milpas Corridor.; $2.80 MGR rental rate.; Immediately available, 2-5 year lease terms.
    Request Owner's contact information
    317 Milpas St Santa Barbara, CA 93103
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    Santa Barbara, CA 93103
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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
    317 Milpas St Santa Barbara, CA 93103
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