Technical
Financial
Distress signals
Property profile

35 Ellwood Sta Rd Goleta, CA 93117

OFF-MARKET
Commercial land
Property ID
US09-4411410
4.87 ac lot
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional property offers a unique investment opportunity encompassing a fully approved boat, RV, and contractor storage facility. The land totals 212,137 square feet, providing ample space for a variety of uses. Contractor storage units start at a minimum of 5,000 square feet, catering to businesses requiring substantial storage solutions. Additionally, approximately 170 spaces are available for boat and RV storage, addressing a significant market demand. The property boasts convenient access to Hollister Avenue and US 101, ensuring easy accessibility for clients. Security features include a fully fenced perimeter and an electronic gate, enhancing the safety and security of stored items. Flexible lease terms are available, accommodating both short-term and long-term needs. The property is immediately available for occupancy, allowing for swift commencement of operations. Rental rates are variable, depending on the size of the storage space required. This presents a compelling investment opportunity with diverse income streams and strong potential for return. The property's strategic location and comprehensive features make it an attractive option for investors seeking a high-demand, income-generating asset. The APN is 079-210-066. The property is designated as single tenancy.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 4.87 ac (212,137 SF)
APN 079-210-066
UPID US09-4411410

Cap rate & NOI

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

Location

35 Ellwood Sta Rd Goleta, CA 93117-1218
Goleta metro Census 2934 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2019
1 recorded transaction
2019
$2.9M

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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