Property profile

4183 State St Santa Barbara, CA 93110

OFF-MARKET
Office buildings
Property ID
US09-2338719
29,424 SF 1.3 ac lot
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 7,963-square-foot single-tenant office space is ideally situated in Santa Barbara, California, at 4183 State Street, zip code 93110. Boasting a highly desirable Upper State Street location, this property offers unparalleled convenience with easy access to US 101. The well-maintained grounds surrounding the building create a professional and attractive environment. The spacious interior layout is thoughtfully designed to accommodate various work styles, featuring a mix of private offices for individual focus, open collaborative areas for team interaction, and a dedicated conference room for meetings. A convenient kitchenette is included for employee use, along with a set of private restrooms for enhanced privacy. The building's infrastructure is robust, incorporating fire sprinklers for safety, a comprehensive HVAC system for climate control, and two separate entrances for accessibility. Secure document storage rooms are provided for sensitive materials, and a dedicated secure server room is equipped with its own cooling system for optimal performance. This property also includes valuable State Street signage for enhanced visibility and brand recognition. This is a truly remarkable opportunity to secure a high-quality office space in a prime Santa Barbara location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Total area 29,424 SF
Lot 1.3 ac (56,628 SF)
APN 061-100-023
UPID US09-2338719

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office

Location

4183 State St Santa Barbara, CA 93110-1817
Santa Barbara metro Census 102 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.24M
CAP Approach CAP
$8.62M
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.92M

Owner & transaction history

since 2021
Last sale
$8.7M
7 recorded transactions
2021
$8.7M
2015
$7.9M
2000
Price N/A
1999
Price N/A
1969
Price N/A
1969
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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