Technical
Financial
Distress signals
Property profile

290 Hwy 246 Buellton, CA 93427

OFF-MARKET
Commercial land
Property ID
US09-1522142
10.26 ac lot
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial land parcel totaling approximately 10.26± gross acres, including about 5.08± acres situated above the Santa Ynez River bed. A required 200-foot setback from the river establishes a natural open-space buffer within the parcel. The site is located within Buellton’s commercial core and provides convenient access to Highway 101, with proximity to Santa Ynez Valley communities including Solvang, Santa Ynez, and Los Olivos, as well as the surrounding markets of Los Alamos and Lompoc.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 10.26 ac (446,925 SF)
APN 137-200-078
UPID US09-1522142

Cap rate & NOI

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

Location

290 Hwy 246 Buellton, CA 93427-9650
Buellton metro Census 1912 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$3.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.14M

Owner & transaction history

since 2023
Last sale
$2.8M
7 recorded transactions
2023
$2.8M
2019
Price N/A
2016
$1.8M
2006
Price N/A
1998
$350,000
1996
Price N/A
1969
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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