Warehouse Bay with Loft
A-910 Philinda Avenue, Santa Barbara, CA 93103
For Sale
Contact for pricing
A kitchenette, roll-up access, and skylights support a practical workspace configuration.
Property Size1,980 SF
Days on Market17
Property Features for A-910 Philinda Avenue
General Information
Standard status
Size
Site & Location
Neighborhood
Road Access
Additional Details
Property Use
Amenities
kitchenette
Listing Agency:
Hayes Commercial Group
(805) 563-2111
Listed By:
Francois DeJohn · License CA #01144570
(805) 898-4365
Source:
Exprealty
Added: Oct 29
Changed: Nov 12
Last Checked: Nov 12 at 2:32PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,980-square-foot warehouse bay on Philinda Avenue includes high ceilings, a large roll-up door, loft storage, and a kitchenette. Skylights bring natural light into the space.
Plaza Riviera Apartments is across the street, and amenities along Milpas Street are nearby. An adjacent 1,228-square-foot office suite at 901 N Milpas St is also available for lease.
Plaza Riviera Apartments is across the street, and amenities along Milpas Street are nearby. An adjacent 1,228-square-foot office suite at 901 N Milpas St is also available for lease.
Key Highlights
- 1,980‑square‑foot warehouse bay
- High ceilings and a large roll‑up door
- Loft storage and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,724
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,480
$294.5K
Cap Rate 7%
$210,343
$210.3K
Cap Rate 9%
$163,600
$163.6K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$20.2K $10.20/SF
− Vacancy
−$2.9K −$1.45/SF
EGI
$17.3K $8.75/SF
− OpEx
−$2.6K −$1.31/SF
NOI
$14.7K $7.44/SF
Area
Santa Barbara County, CA
Vacancy
14.23%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,480
Cap Rate 7%
$210,343
Cap Rate 9%
$163,600
Alternative Uses
Best Use
Warehouse
$210.3K
$184.1K – $245.4K
NOI $14,724 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$621.4K
$543.8K – $725.0K
NOI $43,501 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,737
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 93103, CA
20,029
Population
8,069
Households
2.5
Avg Household Size
39
Median Age
46%
College-Educated
87%
High-School Grad
5.5 sq mi
ZIP Area
3,642
Density / Sq Mi
$118,118
Median Household Income
$46,441
Median Earnings
$2,407
Median Rent
$1,555,600
Median Home Value
Market
Properties on Market for Warehouses in Santa Barbara County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Pavilion Self Storage — 817 State St, Santa Barbara, CA 93101
- Stirling Moving and Storage — 309 Palm Ave, Santa Barbara, CA 93101
- Contractor's Services — Santa Barbara, CA 93140
- Local Self Storage — 1117 State St, Santa Barbara, CA 93101
- City Storage — 3 W Carrillo St, Santa Barbara, CA 93101
Frequently Asked Questions
What type of property is this?
Warehouse - A kitchenette, roll-up access, and skylights support a practical workspace configuration.
Where is this warehouse located?
The property is located at A-910 Philinda Avenue Santa Barbara, CA.
What are key features of this property?
This property features: 1,980‑square‑foot warehouse bay; High ceilings and a large roll‑up door; Loft storage and kitchenette
