Property profile

201 N Calle Cesar Chavez Santa Barbara, CA 93103

FOR LEASE
Office buildings
Property ID
US09-2350602
4.74 ac lot
Entity Owned 21-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional second-floor office suite, located within the Santa Barbara Business Center at 201 N Calle Cesar Chavez, Santa Barbara, CA 93103, offers 4,560 square feet of versatile workspace. The suite is part of a three-story building and is conveniently located near the vibrant Funk Zone and downtown Santa Barbara, enjoying a desirable location just half a mile from the beach. The space features a thoughtfully designed layout including bullpen areas perfect for collaborative work, a dedicated conference room for meetings and presentations, numerous private offices for individual focus, and a well-equipped kitchenette for employee convenience. A private patio offers stunning mountain views, providing a tranquil outdoor space. The building is elevator-served, ensuring easy access to all floors. The property includes 12 total parking spaces for tenants and visitors. To enhance the space for a new tenant, the owner is planning to refresh the paint, lighting, and other interior finishes, ensuring a modern and updated environment. This is a multi-tenant building offering a traditional office space. The maximum contiguous square footage available is 4,560 square feet. Currently, one space is available for lease. This property presents a unique opportunity to secure a highly desirable office space in a prime Santa Barbara location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Lot 4.74 ac (206,474 SF)
APN 017-030-002
UPID US09-2350602

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Geotechnical Engineer Environmental Consultant
  • Civil Engineer Construction Company
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Engineering Consultant Chartered Surveyor

Location

201 N Calle Cesar Chavez Santa Barbara, CA 93103
Santa Barbara metro Census 900 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$895k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$895k

Owner & transaction history

since 2004
4 recorded transactions
2017
Price N/A
2004
Price N/A
2004
Price N/A
1994
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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