1120 Ocean Ave Lompoc, CA 93436-7046
This exceptional 2,496 square foot free-standing restaurant building is ideally situated on East Ocean Avenue in Lompoc, California, boasting significant visibility and high traffic counts. The property features a convenient drive-thru, making it an attractive option for various quick-service restaurant concepts. The expansive lot size of 13,068 square feet provides ample space for outdoor seating or future expansion. The building is zoned for restaurant use, ensuring a seamless transition for prospective buyers. The property's robust 400 AMP power supply caters to the demands of a busy restaurant operation. The property's address is 1120 E Ocean Ave, Lompoc, CA 93436, and is identified by APN numbers 085-191-006 and 085-191-005. This single-tenant property presents a unique opportunity for investors and restaurateurs seeking a well-established location with high visibility and strong potential for growth. The property's strategic placement along Ocean Boulevard ensures maximum exposure to a large volume of daily traffic. This turnkey operation is ready for immediate occupancy and offers a compelling investment opportunity in a thriving market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.