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Property profile & analytics
OFF-MARKET Estimated value $1,255,000
Office buildings

112 F St Lompoc, CA 93436-6813

0.4 ac lot
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-0114182
Property summary
AI-generated overview

This exceptional 6,699 square foot commercial building presents a unique investment opportunity in the thriving city of Lompoc, California. Built in 2006, this single-tenant property boasts a versatile design ideal for owner-users seeking retail or creative office space. Currently configured as three units, the building sits on a substantial 17,424 square foot lot, providing ample space and potential for expansion. The property's Mixed-Use (MU) zoning designation unlocks significant redevelopment potential. The City of Lompoc has indicated approval for conversion into an eight-unit apartment complex, comprising four one-bedroom/one-bathroom units and four two-bedroom/one-bathroom units. This presents a compelling opportunity for investors seeking to capitalize on the strong demand for multifamily housing in the area. The property includes 26 on-site parking spaces, a significant advantage in a location with high parking demand. Its convenient location near major transportation corridors further enhances its appeal. This property offers a rare blend of immediate income potential and long-term growth prospects, making it an exceptional investment in a dynamic California market. Located at 112 N F St, Lompoc, CA 93436, this property is situated in Santa Barbara County.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Lot 0.4 ac (17,424 SF)
APN 085-131-020
UPID US09-0114182
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.26M
Owner & transaction history
Bradley M Defnet · 4 yrs held
Bradley M Defnet
since 2022
Last sale
$1.1M
7 recorded transactions
2022
$1.1M
2020
$740,000
2005
Price N/A
2003
$170,000
2002
$80,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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