Financial
Distress signals
Property profile

235 Highway 246 East Buellton, CA 93427

FOR LEASE
Retail space
Property ID
US09-5633158
0.4 ac lot
Last sale Sep 2021 · $2,895,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$33k
Tax billed · 2024
Assessed value$3.01M
Assessed land$728k
Assessed improvement$2.28M
Effective rate1.08%

Value estimate

· Sep 2026
$2.64M
$2.37M – $2.90M
AI approach$2.67M
NOI build-up
Gross scheduled income$41k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 714,000.00% cap applied$26k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$467/SF
County average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$237 – $746

Cap rate analysis

How does the asset earn?
714,000.00%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSANTA BARBARA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.9
Dental Office13.5
Building Supply13.3

Location

235 Highway 246 East Buellton, CA 93427
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
186 Hwy 246, Buellton, CA 93427-9721 $445,000 Oct 2024 No data
321 Mcmurray Rd, Buellton, CA 93427-2509 $1,200,000 Feb 2024 No data
225 Mcmurray, Buellton, CA 93427-9573 $2,950,000 Nov 2022 No data
328 Mcmurray, Buellton, CA 93427-9688 $4,647,500 Oct 2021 No data
485 Ave Of The Flags, Buellton, CA 93427 $995,000 Jun 2021 2,464 SF
222 Hwy 246, Buellton, CA 93427-9654 $16,074,000 Sep 2020 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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