321 Mcmurray Rd Buellton, CA 93427-2509
- Retail space
- 5,234 SF
- 0.56 lot acres
Current Use by Public Records
- A-OK Power Equipment / Lawn Mower Store
- U-Haul Neighborhood Dealer / Truck Rental Agency / Trailer Rental Service
- Windshield Repair Today of Buellton / Auto Repair Shop
Property Details for 321 Mcmurray Rd
- Lot size
- 0.56 lot acres
- Property size
- 5,234 SF
- Property type
- Retail space
- APN
- 137-180-054
- APU
- 137180054
Description
This 5,235 square foot retail/restaurant building, located at 321 McMurray Rd, Buellton, CA 93427 (APN: 075-114-002), is available for sublease. Completely remodeled in 2017, this single-tenant property sits on a 0.56-acre lot (24,393 square feet) and boasts 40 parking spaces. Its prime location directly across from the Crossroads Shopping Center, featuring popular tenants such as Starbucks and Panda Express, ensures high visibility and traffic. The building features 200 AMP/220 power, making it suitable for a variety of uses, including restaurants, under its General Commercial (CR) zoning. Previously a Bakers Square restaurant, this space is ideal for high-volume retail or restaurant operations. The property offers excellent freeway visibility from Highway 101 and Highway 246. Lease terms are negotiable, with a preference for a 4+ year initial term with options to extend. The sublease rate is $2.25 per square foot ($11,800 per month) plus NNN, estimated at $0.35 per square foot per month. This exceptional location at the gateway to Santa Barbara County's wine country presents a unique opportunity for a thriving business. The building's one-story design and ample parking provide convenience and accessibility for customers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,120,000
- 6.5%
- $1,310,000
- 7%
- $1,105,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,055,000
- Geo Method
- $1,400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,220,000
- Retail
- $1,295,000
- Mixed-Use
- $1,110,000
- Hospitality
- $1,430,000
- Educational
- $1,350,000
- Residential Income
- $1,065,000
- Energy
- $1,205,000
- Income-Based Land
- $1,135,000
- Food Service
- $1,265,000
Location Insight
- Map
- Local Demand
- City
- Buellton
- County
- Santa Barbara
- State
- California
- Longitude
- -120.189
- Latitude
- 34.6125
- CBSA code
- 42200
- CBSA name
- SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
