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    Property profile & analytics

    120 Cremona Dr Goleta, CA 93117-5511

    • Manufacturing properties
    • 2.94 lot acres
    OFF-MARKET
    Value Estimation
    $12,050,000
    Last Sale
    Dec 03, 2020
    $10,500,000
    Location Intelligence
    Property ID
    US09-3795389
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 120 Cremona Dr

    Lot size
    2.94 lot acres
    Property type
    Manufacturing properties
    APN
    073-330-100
    APU
    73330100

    Description

    This exceptional office, R&D, and lab space offering in Goleta, California presents a unique opportunity for businesses seeking flexible and modern work environments. Located at 120 Cremona Dr, Goleta, CA 93117, this two-story building boasts newly remodeled suites ranging from 2,936 to 18,244 contiguous square feet, perfect for multiple tenants. The property, identified by APN 073-330-009 in Santa Barbara County, is situated within a high-identity tech park, offering convenient access to Highway 101, the University of California, Santa Barbara (UCSB), and Santa Barbara Airport. The landlord-built suites feature efficient layouts designed to maximize space and productivity. The building is part of the Cremona campus and includes abundant parking and an on-site gym for tenant convenience. The property is categorized as Office and Industrial, with subtypes including R&D, Flex, and Traditional Office space. This prime location along Goleta's tech corridor ensures excellent visibility and accessibility for your business. The minimum divisible space is 2,936 square feet. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $13,345,000

    • CAP approach

      CAP return
      Estimation
      6%
      $11,235,000
      6.5%
      $10,130,000
      7%
      $10,695,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,250,000
      Geo Method
      $10,885,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,480,000
      Retail
      $10,885,000
      Mixed-Use
      $10,640,000
      Hospitality
      $10,490,000
      Educational
      $11,075,000
      Residential Income
      $9,325,000
      Energy
      $10,555,000
      Income-Based Land
      $9,075,000
      Food Service
      $10,060,000

    Location Insight

    • Map
    • Local Demand
    City
    Goleta
    County
    Santa Barbara
    State
    California
    Longitude
    -119.856
    Latitude
    34.4324
    CBSA code
    42200
    CBSA name
    SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $149,703
    $5,337,944
    $8,193,392
    $13,531,336
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6.90 Acres

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    • Value Estimation by Request
      0.23 Acres

      749 Kellogg Ave

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      29,440 SF

      5743 Thornwood Dr

      MANUFACTURING (LIGHT) • 29,440 SF
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      129,096 SF

      7406 Hollister Ave

      MANUFACTURING (LIGHT) • 129,096 SF
      7406 Hollister Ave, Goleta, CA 93117-2583
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    • Value Estimation by Request
      70,925 SF

      147 Castilian Dr

      MANUFACTURING (LIGHT) • 70,925 SF
      147 Castilian Dr, Goleta, CA 93117-3082
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    • Value Estimation by Request
      41,430 SF

      6489 Calle Real A Ste A

      MANUFACTURING (LIGHT) • 41,430 SF
      6489 Calle Real A Ste A, Goleta, CA 93117-1538
      View Details

    Similar Nearby for Sale

    • $2,650,000

      Heavy Industrial Building For Sale

      Rare industrial building with automotive tenant near Goleta Beach.
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      Goleta Industrial/Warehouse/R&D Building

      High identity building near UCSB, airport, and Old Town Goleta.
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      Goleta Commercial Space: Prime Location

      High-identity industrial/R&D space near UCSB.
      6310 Hollister 6310 Ave, Goleta, CA 93117
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      Retail Space in Fairview Center

      Retail space with prominent signage and shared parking available.
      199 N Fairview Ave, Goleta, CA 93117
      View Details
    • $995,000

      Remodeled Commercial Building in Goleta

      Remodeled building suitable for office, retail, or medical use.
      5748 Hollister Ave, Santa Barbara, CA 93117
      View Details
    • Contact for pricing

      Retail Space in Fairview Center

      Retail space with prominent signage and shared parking.
      251 N Fairview Ave, Goleta, CA 93117
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    Similar Nearby for Lease

    • $21 SF/Yr
      75,659 SF

      Goleta Tech Corridor Office/Warehouse

      Prime Goleta space, multiple units available.
      6500 Hollister Ave, Goleta, CA 93117
      View Details
    • $22 SF/Yr
      19,571 SF

      Goleta Office/R&D Space

      Prime Goleta location, flexible suites.
      175 Cremona Dr, Goleta, CA 93117
      View Details
    • $1.05 SF/Yr
      5,000 SF

      Goleta Warehouse Space Available

      5,000 SF warehouse space for sublease in Goleta.
      80 Coromar Dr, Goleta, CA 93117
      View Details
    • $13 SF/Yr
      179,667 SF

      Goleta Industrial Space for Lease

      Prime Goleta Flex Space: R&D, Office, Warehouse
      30 La Patera Ln, Goleta, CA 93117
      View Details
    • $1.15 SF/Yr
      175,211 SF

      Goleta Office Campus: Prime Space

      Modern office/flex space in Goleta, CA.
      7418 Hollister Ave, Goleta, CA 93117
      View Details
    • $1.95 SF/Yr
      3,526 SF

      Goleta Warehouse Space Available

      Industrial/warehouse unit in Cabrillo Business Park, Goleta's Tech Corridor.
      289 Coromar Dr, Goleta, CA 93117
      View Details
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    120 Cremona Dr
    Goleta, CA 93117-5511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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