Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4855 Primero St New Cuyama, CA 93254
    Back to Search
    Property profile & analytics

    4855 Primero St, New Cuyama, CA 93254

    View on Map
    • Lifestyle centers
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Lifestyle centers

    Property Details for 4855 Primero St

    Property type
    Lifestyle centers
    Property subtype
    Power centers

    Description

    This exceptional investment opportunity presents a thriving six-unit retail center in New Cuyama, California, situated on a substantial 14,374 square foot lot (APN: 149-032-010). The property boasts 100% occupancy and includes a successful supermarket generating $90,000 in gross sales annually with a 40% margin, a burger barn contributing $20,000-$30,000 in gross annual income, and a laundromat providing a consistent $1,000 monthly net income. Adding to the diverse income streams are three additional tenants: a post office paying $740 monthly rent, an antique shop paying $600 monthly, and the local water district contributing $300 monthly. The supermarket operates seven days a week, from 7 am to 9 pm. The property is located at 4855 Primero St, New Cuyama, CA 93254, and is offered at $1,800,000. This represents a significant opportunity to acquire a well-established, multi-faceted retail center with proven profitability and strong tenant occupancy in a stable community. The property's diverse tenant mix and high occupancy rate ensure a reliable and substantial return on investment. This is a turnkey operation, ready for immediate income generation. The single building houses all six units. This property is priced to sell and represents a compelling investment opportunity.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Cuyama
    County
    Santa Barbara
    State
    California
    Longitude
    -119.688
    Latitude
    34.9476

    Comparable in this City

    • Value Estimation by Request

      5007 Ca-166

      Automotive properties
      5007 Ca-166, New Cuyama, CA 93254
      View Details
    • Value Estimation by Request
      2.27 Acres

      2581 Hwy 166

      RETAIL STORES (PERSONAL SERVICES)
      2581 Hwy 166, Cuyama, CA 93254
      View Details
    • Value Estimation
      $1,635,000
      10,962 SF

      2581 Hwy 166

      RETAIL STORES (PERSONAL SERVICES)
      2581 Hwy 166, Cuyama, CA 93254
      View Details
    • Value Estimation
      $1,135,000
      7,500 SF

      4852 Primero St

      RETAIL STORES (PERSONAL SERVICES)
      4852 Primero St, New Cuyama, CA 93254
      View Details
    • Value Estimation
      $3,125,000
      39,204 SF

      New Cuyama, CA 93254

      PARKING LOT
      New Cuyama, CA 93254
      View Details
    • Value Estimation by Request
      0.75 Acres

      4909 Perkins Rd

      SERVICE STATION (FULL SERVICE)
      4909 Perkins Rd, New Cuyama, CA 93254
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Commercial Property with Multiple Income Streams

      Commercial property featuring supermarket, laundromat, burger barn, and tenants.
      4855 Primero St, New Cuyama, CA 93254
      View Details
    • Contact for pricing

      Profitable Retail Property For Sale

      Six units with supermarket, laundromat, burger barn, and tenants.
      4855 Primero St, New Cuyama, CA 93254
      View Details
    • Contact for pricing

      Profitable Gas Station Investment Opportunity

      Profitable gas station with inside sales and consistent fuel volume.
      5007 California 166, New Cuyama, CA 93254
      View Details
    • $699,900

      Cuyama Valley Fourplex on Highway

      Fully operational fourplex with short-term rental income potential.
      2968 Washington St, Cuyama, CA 93254
      View Details
    • New
      $495,000
      13,939,200.00 Acres

      320 Acres in Santa Barbara

      Two parcels of land with well in Santa Barbara County.
      Cottonwood/Schoolhouse, Cuyama, CA 93254
      View Details
    • Contact for pricing

      340-Acre Cuyama Cannabis Cultivation Farm

      340-acre farm with 95 acres for cannabis cultivation.
      2011 Foothill Rd, New Cuyama, CA 93254
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4855 Primero St
    New Cuyama, CA 93254
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4855 Primero St, New Cuyama, CA, 93254
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!