Technical
Financial
Distress signals
Property profile

1218 State St Santa Barbara, CA 93101

OFF-MARKET
Turn key restaurants
Property ID
US10-3020514
2,378 SF 0.08 ac lot Built 1930
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Total area 2,378 SF
Lot 0.08 ac (3,484 SF)
APN 039-183-021
UPID US10-3020514

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1218 State St Santa Barbara, CA 93101-2608
Santa Barbara metro Census 900 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.24M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.17M

Owner & transaction history

since 2022
Last sale
$2.3M
7 recorded transactions
2022
$2.3M
2006
Price N/A
2005
$1.5M
1999
Price N/A
1999
Price N/A
1999
$590,000
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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