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Property profile & analytics
OFF-MARKET Estimated value $655,000
Office buildings

1017 Ocean Ave Lompoc, CA 93436-7000

0.36 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US09-0256605
Property summary
AI-generated overview

This exceptional mixed-use property at 1017 E Ocean Avenue in Lompoc, CA, offers 4,000 square feet of versatile space on a 0.36-acre lot. Priced at $1,125,000, this investment presents significant potential. The building features a well-designed layout including a bathroom, a dedicated office area, and a large open floor plan, ideal for a variety of commercial uses. Ample storage space is conveniently located adjacent to the office. The property boasts covered parking for six vehicles, a significant advantage in a high-traffic area. Situated on the bustling Ocean Boulevard, this location ensures high visibility and accessibility, maximizing exposure for any business. The combination of size, location, and parking makes this a truly unique opportunity for an investor seeking a strong return. The property's versatile space allows for creative adaptation to suit a range of commercial needs, from retail to office space, or a combination thereof. The substantial square footage and prime location make this an attractive proposition for those seeking a prominent presence in the vibrant Lompoc community. Don't miss this chance to acquire a valuable commercial asset in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Lot 0.36 ac (15,681 SF)
APN 085-150-052
UPID US09-0256605
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cookies Lompoc (Bike/Boat/Book/etc) Store
  • Robert Trevino Physician Medical Clinic
  • Rita S Loveys Mft Family Counselor Doctor
  • Ocean Hye Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$655k
Owner & transaction history
Florencia On Ocean LLC
Florencia On Ocean LLC
since 2025
Last sale
$820,000
6 recorded transactions
2025
$820,000
2025
Price N/A
2024
$489,000
2018
$895,000
2013
Price N/A
2005
$610,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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