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Property profile & analytics
OFF-MARKET Estimated value $840,000
Retail space

201 Ocean Ave Lompoc, CA 93436-6734

0.16 ac lot
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1127629
Property summary
AI-generated overview

This exceptional 4,010 square foot industrial property, situated on a 0.16-acre corner lot in the heart of downtown Lompoc, California, presents a unique investment opportunity. Located in the city's Historical Landmark District, this well-maintained building boasts a prime location near shops, restaurants, cultural attractions, and public amenities, ensuring high visibility and pedestrian traffic. Currently configured as a retail space (furniture store), the property offers significant potential for various commercial uses. Built circa 1960s with recent renovations, the building features a newly installed roof on the front section, new heaters in both the front and back areas, and a fresh coat of paint. Adding to its historical charm, the building showcases the newly painted 50th Anniversary of Landsat Mural, a local landmark. The sale includes two large storage containers with a new roof and a small new shed located in the fenced and gated back area of the property. The existing retail business is not included in the sale but could be negotiated separately. This property offers a blend of historical character and modern updates, making it an ideal investment for discerning buyers seeking a high-traffic location in a thriving downtown area. The property's central location provides easy access to the Lompoc Chamber of Commerce, farmers market, and ample public parking. The asking price is $899,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.16 ac (6,969 SF)
APN 091-083-007
UPID US09-1127629
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
Current use
Occupant on record · Public records
  • Better Beds & Furniture | Mattress Store - Lompoc Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$840k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$840k
Owner & transaction history
Melanie Segundo Cardenas · 1 yrs held
Melanie Segundo Cardenas
since 2025
Last sale
$840,000
7 recorded transactions
2025
Price N/A
2024
$840,000
2024
Price N/A
2023
Price N/A
2018
Price N/A
2018
Price N/A
2017
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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