Retail Space Near Padaro
For Sale
Contact for pricing
B-3819 Santa Claus Ln, Carpinteria, CA 93013
Located within Padaro Beach Village, the space has access to US 101 from both travel directions.
Property Size620 SF
Days on Market13
Property Features for B-3819 Santa Claus Ln
General Information
Standard status
Active
Size
620 SF
Additional Details
Highway Access
Yes
Listing Agency:
Hayes Commercial Group
(805) 563-2111
Listed By:
Caitlin Hensel · License #CA01893341
(805) 898-4374
Source:
Exprealty
Added: Oct 12
Changed: Oct 16
Last Checked: Oct 23 at 10:33AM
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.
A retail space in Padaro Beach Village sits adjacent to Padaro Beach. US 101 access is available for northbound and southbound travel, with freeway visibility noted for the property.
Nearby retail and restaurant businesses include Padaro Beach Grill, A-Frame Surf Shop, The Garden Market, Rincon Beach Club, and Level Up Jiu Jitsu.
Nearby retail and restaurant businesses include Padaro Beach Grill, A-Frame Surf Shop, The Garden Market, Rincon Beach Club, and Level Up Jiu Jitsu.
Key Highlights
- Adjacent to Padaro Beach
- US 101 access for northbound and southbound travel
- Nearby businesses include Padaro Beach Grill, A‑Frame Surf Shop, The Garden Market, Rincon Beach Club, and Level Up Jiu Jitsu
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,635
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,700
$192.7K
Cap Rate 7%
$137,643
$137.6K
Cap Rate 9%
$107,056
$107.1K
Market Conditions
NOI Build-Up for 620 SF
Gross rent
$14.9K $24.00/SF
− Vacancy
−$1.1K −$1.80/SF
EGI
$13.8K $22.20/SF
− OpEx
−$4.1K −$6.66/SF
NOI
$9.6K $15.54/SF
Area
Santa Barbara County, CA
Vacancy
7.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,700
Cap Rate 7%
$137,643
Cap Rate 9%
$107,056
Alternative Uses
Best Use
Retail
$137.6K
$120.4K – $160.6K
NOI $9,635 @ 7.0% cap · market cap 481,750.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$194.6K
$170.3K – $227.0K
NOI $13,621 @ 7.0% cap · market cap 681,050.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
Explore this area
Business Placement
Demographics for 93013, CA
16,299
Population
7,640
Households
2.1
Avg Household Size
45
Median Age
46%
College-Educated
87%
High-School Grad
41.4 sq mi
ZIP Area
394
Density / Sq Mi
$115,633
Median Household Income
$49,017
Median Earnings
$2,331
Median Rent
$1,074,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Located within Padaro Beach Village, the space has access to US 101 from both travel directions.
Where is this retail space located?
The property is located at B-3819 Santa Claus Ln Carpinteria, CA.
What are key features of this property?
This property features: Adjacent to Padaro Beach; US 101 access for northbound and southbound travel; Nearby businesses include Padaro Beach Grill, A‑Frame Surf Shop, The Garden Market, Rincon Beach Club, and Level Up Jiu Jitsu
