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Property profile & analytics
FOR SALE
Retail space

145 Santa Felicia Dr Goleta, CA 93117

6,132 SF 1.1 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US09-1504112
Property summary
AI-generated overview

This exceptional commercial property, located at 145 Santa Felicia Drive in Goleta, California, presents a compelling investment opportunity. The 6,132 square foot building sits on a sizable 1.1-acre lot (48,015 square feet), offering significant potential for redevelopment or owner-occupancy. Constructed in 1980, the property boasts a highly desirable location just west of Highway 101, providing convenient access to major transportation routes. Its strategic placement near the University of California, Santa Barbara campus and its prominent 110+ foot frontage on Hollister Avenue, a major retail thoroughfare, ensures high visibility and accessibility. The surrounding area features a robust mix of established businesses, including Costco, Target, and Home Depot, creating a thriving commercial environment. This property is currently configured as a bank branch, offering a blank canvas for adaptive reuse or redevelopment, catering to a variety of commercial uses. The asking price is $2,900,000. This presents a unique chance for investors and developers to capitalize on the property's prime location and significant potential. The property is situated in Goleta, Santa Barbara County, California, zip code 93117.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 6,132 SF
Lot 1.1 ac (47,916 SF)
APN 073-160-020
UPID US09-1504112
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$977k
Blend (final) Blend
$955k
Owner & transaction history
HUGHES AIRCRAFT EMPLOYEES FED CRDT UNION
HUGHES AIRCRAFT EMPLOYEES FED CRDT UNION
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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