145 Santa Felicia Dr Goleta, CA 93117
For Sale
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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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.