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Property profile

545 Ave Buellton, CA 93427

OFF-MARKET
Warehouses
0.46 ac lot
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Property summary

AI-generated overview

This exceptional 9,136 square foot warehouse property presents a unique owner-user or adaptive reuse opportunity in the thriving city of Buellton, California. Situated on a 0.46-acre lot zoned CR (General Commercial), this single-tenant building boasts ample parking and outdoor space. The property, formerly Monighetti's Feedstore, comprises approximately 8,663 square feet of commercial space and a 500 square foot, one-bedroom apartment. Its prominent location on Buellton's Avenue of Flags, in the heart of the Santa Ynez Valley, offers excellent visibility and accessibility. The existing leases are short-term, making it ideal for an owner-user seeking immediate occupancy or a developer envisioning creative repurposing. The property's potential is further enhanced by the availability of adjacent vacant parcels, offering expansion possibilities. The Santa Barbara County Assessor's Parcel Number (APN) is 099-282-013. Note that depicted parcel lines are subject to potential lot line adjustments. This is a remarkable chance to acquire a landmark building in a rapidly growing area. The property's size, location, and zoning provide significant flexibility for a variety of commercial uses.

Property profile

Verified
Property type Warehouses
Lot 0.46 ac (20,038 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

545 Ave Buellton, CA 93427
Buellton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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