Industrial Building with Large
1105 S Blosser Rd Santa Maria, CA 93458
1105 S Blosser Rd, Santa Maria, CA, 93458
Contact for pricing
For Sale
Contact for pricing
NNN leased industrial building with large yard space for sale.
Property Size15,400 SF
Lot Size1.50 Acres
Price / SF$311.69
Days on Market854
Property Features for 1105 S Blosser Rd
General Information
- Standard status
- Active
- Size
- 15,400 SF
- Lot size
- 1.50 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1981
Listing Agency
Hayes Commercial Group
(805) 898-4365
Listed by
Francois DeJohn · License #CA01144570
Source
Crexi
Added: Mar 18, 2024 Checked: Jul 17 at 11:09 am
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
Investment Insights
Based on property information with market context.
This industrial building, featuring a large yard, is NNN leased to United Rentals. The property is centrally located near the intersection of Blosser and Stowell in Santa Maria, offering proximity to the US 101 freeway and commercial corridors. Situated on a hard corner, the property includes multiple access points. The property size is 15400 square feet and includes almost 1.5 acres of yard space.
Key Highlights
- NNN leased to United Rentals, providing stable income.
- Large yard space (almost 1.5 acres), a rare feature.
- Excellent proximity to US 101 freeway, facilitating transportation.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $221.8k | $14.40 |
| − Vacancy | −$11.1k | −$0.72 |
| EGI | $210.7k | $13.68 |
| − OpEx | −$63.2k | −$4.10 |
| NOI | $147.5k | $9.58 |
15,400 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.11M
$1.84M – $2.46M
NOI $147,470 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.20M
$4.55M – $6.07M
NOI $364,278 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
United Rentals Agricultural ...
(Bike/Boat/Book/etc) Store
United Rentals
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial property - NNN leased industrial building with large yard space for sale.
Where is this industrial property located?
The property is located at 1105 S Blosser Rd Santa Maria, CA.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: NNN leased to United Rentals, providing stable income.; Large yard space (almost 1.5 acres), a rare feature.; Excellent proximity to US 101 freeway, facilitating transportation.
