Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    401 Ocean Ave Lompoc, CA 93436-6738

    • Turn key restaurants
    • 1,632 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US09-5210458
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • La Reyna / Mexican Restaurant / Grocery Store
    • Rosa Vail / Marriage Or Relationship Counselor / Counselor
    • Jason Tarman / Marriage Or Relationship Counselor
    • Santa Barbara County Behavioral Wellness / Wellness Center
    • Ruby Md Agoha / Psychiatrist / Pediatrician

    Property Details for 401 Ocean Ave

    Lot size
    0.24 lot acres
    Property size
    1,632 SF
    Property type
    Turn key restaurants
    APN
    091-081-008
    APU
    91081008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $315,000

    • CAP approach

      CAP return
      Estimation
      6%
      $280,000
      6.5%
      $270,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $280,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $270,000
      Mixed-Use
      $260,000
      Hospitality
      $245,000
      Educational
      $230,000
      Residential Income
      $205,000
      Energy
      $200,000
      Income-Based Land
      $265,000
      Food Service
      $220,000

    Location Insight

    • Map
    • Local Demand
    City
    Lompoc
    County
    Santa Barbara
    State
    California
    Longitude
    -120.462
    Latitude
    34.6393
    CBSA code
    42200
    CBSA name
    SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,477
    $214,144
    $365,701
    $579,845
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.38 Acres

      1153 H St

      RESTAURANT • 0.38 Acres
      1153 H St, Lompoc, CA 93436-3306
      View Details
    • Value Estimation by Request
      0.54 Acres

      1325 H St

      RESTAURANT • 0.54 Acres
      1325 H St, Lompoc, CA 93436-3396
      View Details
    • Value Estimation by Request
      0.40 Acres

      400 Ocean Ave

      RESTAURANT • 0.40 Acres
      400 Ocean Ave, Lompoc, CA 93436-6829
      View Details
    • Value Estimation
      $2,765,000
      0.44 Acres

      812 H St

      RESTAURANT • 0.44 Acres
      812 H St, Lompoc, CA 93436-4147
      View Details
    • Value Estimation
      $995,000
      1.01 Acres

      1140 H St

      RESTAURANT • 1.01 Acres
      1140 H St, Lompoc, CA 93436-3307
      View Details
    • Value Estimation by Request
      0.16 Acres

      419 H St

      RESTAURANT • 0.16 Acres
      419 H St, Lompoc, CA 93436-5321
      View Details

    Similar Nearby for Sale

    • $2,500,000
      6,600 SF

      Lompoc Retail Center Investment

      Walmart-anchored, multi-tenant retail property.
      721 Central Ave, Lompoc, CA 93436
      View Details
    • Contact for pricing

      Lompoc Land with Drive-Through Entitlements

      Land available for ground lease or build to suit.
      901 N H St, Lompoc, CA 93436
      View Details
    • $2,250,000
      6,350 SF

      Freestanding Restaurant Space Available

      Freestanding restaurant space for sale in Lompoc, California.
      1129 N H St, Lompoc, CA 93436
      View Details
    • $1,500,000
      5,475 SF

      Former Bank/Restaurant with Drive-Thru

      Vacant 5,475 SF property with drive-thru, ideal for redevelopment.
      825 N H St, Lompoc, CA 93436
      View Details
    • $3,850,000
      30,560 SF

      Office Building with Drive-Thru

      One-story office building with drive-thru, suitable for various uses.
      3880 Constellation Rd, Lompoc, CA 93436
      View Details
    • $1,250,000
      6,699 SF

      Retail Building Available For Sale

      Retail building with 6,699 square feet of space.
      112-116 N F St, Lompoc, CA 93436
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      13,000 SF

      Lompoc Retail & Restaurant Space

      Retail and restaurant spaces available in Lompoc, California.
      300 N 12Th St, Lompoc, CA 93436
      View Details
    • Contact for pricing
      5,000 SF

      Retail Space in Lompoc, CA

      5,000 SF retail space available for rent.
      1310 N H St, Lompoc, CA 93436
      View Details
    • Contact for pricing
      6,699 SF

      Lompoc Mixed-Use Commercial Building

      Prime Lompoc location, redevelopment potential.
      112 F St, Lompoc, CA 93436
      View Details
    • $2 SF/Yr
      2,100 SF

      Retail Space in Lompoc, CA

      Retail space available in high-traffic Lompoc location.
      533-701 W Central Ave, Lompoc, CA 93436
      View Details
    • $1.45 SF/Yr
      4,810 SF

      Prime Commercial Building in Old Town

      Corner commercial building in the heart of the Old Town.
      137 S H St, Lompoc, CA 93436
      View Details
    • $1.00 SF/Yr
      7,000 SF

      Downtown Lompoc Flexible Retail Space

      Versatile 7,000 SF space suitable for retail or entertainment.
      110 W Ocean Ave, Lompoc, CA 93436
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    401 Ocean Ave
    Lompoc, CA 93436-6738
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.