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Property profile & analytics
OFF-MARKET Estimated value $805,000
Investment properties

1187 Coast Vlg Rd Santa Barbara, CA 93108-2737

1.3 ac lot
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US09-2051986
Property summary
AI-generated overview

This exceptional 898 square foot retail space is located at 1187 Coast Village Road in the prestigious Coast Village Plaza, Santa Barbara, CA 93108. Situated in a vibrant commercial center with high visibility and abundant parking, this single-tenant property offers a unique opportunity for a variety of businesses. Currently occupied, the space (Suite 3A) is ideal for a salon or general retail use, given its prominent location facing the busy Coast Village Road. The property is zoned CR and boasts a Santa Barbara County APN of 009-291-008. The dynamic tenant mix within Coast Village Plaza includes established and well-regarded businesses, ensuring a high-traffic environment and strong brand association. This rarely available space presents a compelling opportunity to establish or expand a business in one of Montecito's most desirable commercial locations. The property's excellent visibility and convenient parking make it an attractive option for both businesses and customers. This is a chance to secure a foothold in a thriving retail environment with a proven track record of success. The property's location within the Coast Village Plaza ensures a steady flow of foot traffic and exposure to a high-spending demographic. Don't miss this chance to own a piece of Montecito's vibrant commercial landscape.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 1.3 ac (56,628 SF)
APN 009-291-008
UPID US09-2051986
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
  • Air Test & Balance Inc Hardware & Home Improvement HVAC Service
  • The UPS Store Courier Service Postal Service
  • 411 Legal Law Firm
  • Shults & Associates Apartment Building
  • Monica Senn Interior Design Interior Design Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$805k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$805k
Owner & transaction history
H & R Investments · 11 yrs held
H & R Investments
since 2014
7 recorded transactions
2014
$13.3M
2012
Price N/A
2012
Price N/A
2009
Price N/A
1995
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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