5115 Ogan 5115 Rd Carpinteria, CA 93013
This exceptional 0.57-acre commercial property presents a unique investment opportunity in the thriving Carpinteria market. Boasting approximately 25,000 square feet of vacant land, this site is ideally situated for immediate development, offering unparalleled access to Highway 101. The property's UT zoning provides flexibility for a variety of commercial uses, allowing for significant potential. The seller will complete a lot split at their expense prior to closing, streamlining the acquisition process for the buyer. Furthermore, buyers have the option to apply for zoning changes in conjunction with the lot split, opening up even more possibilities for development. This prime location is just a short drive from Carpinteria's vibrant downtown retail area, ensuring high visibility and convenient access to local amenities and a strong customer base. The strategic positioning near the highway guarantees excellent accessibility for both employees and customers. This is a rare chance to acquire a substantial parcel of land in a highly desirable location, poised for significant future growth and return on investment. Interested parties should act quickly to secure this exceptional opportunity. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.