560 Blosser Rd Santa Maria, CA 93454
- Parking lots & garages
- 0.42 lot acres
Current Use by Public Records
- Taco Bell / Fast Food Restaurant / Breakfast Restaurant
Property Details for 560 Blosser Rd
- Lot size
- 0.42 lot acres
- Property type
- Parking lots & garages
- APN
- 123-090-082
- APU
- 123090082
Description
This exceptional commercial property, located at 560 S. Blosser, Suite 520, Santa Maria, CA 93454, offers 5,737 square feet of versatile retail or office space within a thriving Walmart Neighborhood Market. The property is situated in a high-traffic area, boasting daily traffic counts exceeding 23,500 vehicles at the intersection of South Blosser Road and West Boone Street, ensuring significant visibility and accessibility for your business. The building is a two-story structure, part of a single-building complex, and zoned C2 PD Overlay within Santa Barbara County. The space is available as a single-tenant occupancy, providing flexibility and control. This presents a unique opportunity to establish a presence in a bustling commercial center anchored by a major retailer. The lease rate is $1.75 per square foot, NNN. This prime location offers unparalleled potential for growth and success. The property's strategic placement within the recently developed Walmart Neighborhood Center guarantees high foot traffic and exposure to a large customer base. Don't miss this chance to secure a prominent position in a thriving Santa Maria commercial hub.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,960,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,105,000
- 6.5%
- $2,100,000
- 7%
- $2,290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,455,000
- Geo Method
- $2,145,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,225,000
- Retail
- $2,210,000
- Mixed-Use
- $1,745,000
- Hospitality
- $2,235,000
- Educational
- $2,205,000
- Residential Income
- $1,795,000
- Energy
- $2,275,000
- Income-Based Land
- $1,810,000
- Food Service
- $1,765,000
Location Insight
- Map
- Local Demand
- City
- Santa Maria
- County
- Santa Barbara
- State
- California
- Longitude
- -120.453
- Latitude
- 34.9477
- CBSA code
- 42200
- CBSA name
- SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
