Property profile

225 Milpas St Santa Barbara, CA 93103

OFF-MARKET
Manufacturing properties
Property ID
US09-2446461
0.51 ac lot
Trust Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Lot 0.51 ac (22,215 SF)
APN 017-251-010
UPID US09-2446461

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
  • (Bike/Boat/Book/etc) Store Auto Parts Store
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

225 Milpas St Santa Barbara, CA 93103-3672
Santa Barbara metro Census 805 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.27M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.20M

Owner & transaction history

since 2026
Last sale
$6.0M
7 recorded transactions
2026
Price N/A
2022
$6.0M
2022
Price N/A
2021
Price N/A
2021
Price N/A
2021
Price N/A
2020
$3.1M

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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