Realmo Analytics

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Property profile

416 State St Santa Barbara, CA 93101

OFF-MARKET
Turn key restaurants
Property ID
US09-2289443
0.23 ac lot
Last sale Oct 2004
Trust Owned Owner of record is a trust. 22-yr Hold Held for 22 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,509-square-foot restaurant space is available for lease, ideally situated on the coveted 400 block of State Street in Santa Barbara County. Located next to a highly successful and recently renovated food and beverage establishment (Kim's Service Department, Miramar Group, 2019), this property benefits from significant foot traffic. The building offers a fully built-out interior, ready for immediate occupancy starting November 1, 2022. Tenants can lease the space as-is or…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$15k
Tax billed · 2024
Assessed value$1.07M
Assessed land$619k
Assessed improvement$455k
Effective rate1.36%

Value estimate

· Nov 2026
$385k
$347k – $424k
AI approach$385k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSANTA BARBARA

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner10.1
Shoe Repair8.7
Butcher8.6

Location

416 State St Santa Barbara, CA 93101-2305
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17 Montecito, Santa Barbara, CA 93101-3823 $3,000,000 Aug 2025 No data
21 Montecito, Santa Barbara, CA 93101-3823 $3,000,000 Aug 2025 No data
1014 State, Santa Barbara, CA 93101-2711 $2,105,000 Jun 2025 No data
901 State, Santa Barbara, CA 93101-2701 $10,000,000 Jun 2025 No data
100 Carrillo, Santa Barbara, CA 93101-3215 $909,091 May 2025 No data
530 State St, Santa Barbara, CA 93101-1602 $3,617,500 Apr 2025 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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