Property profile

426 H St Lompoc, CA 93436

OFF-MARKET
Turn key restaurants
Property ID
US09-2042905
0.16 ac lot
Entity Owned 29-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity presents a fantastic chance to acquire a well-situated commercial property in the thriving city of Lompoc, California. Located at 426 N H Street, this property boasts a substantial 2,100 square feet of space, ideal for a variety of commercial ventures. The generous 0.16-acre lot provides ample room for expansion, outdoor seating, or additional parking, depending on the intended use. The asking price for this turnkey property is $150,000, representing a significant value in the current market. The property's address in the heart of Lompoc ensures high visibility and accessibility for customers and employees alike. Its size and location make it suitable for a wide range of businesses, from retail shops and restaurants to offices and service providers. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare opportunity to establish or relocate a business in a prime location within a vibrant community. Serious inquiries are encouraged to explore the potential of this exceptional commercial property and its significant growth prospects. The property's size and location offer a compelling investment opportunity for entrepreneurs and business owners seeking a strategic foothold in the Lompoc market. Don't miss this chance to secure a valuable asset in a desirable location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.16 ac (6,969 SF)
APN 087-242-014
UPID US09-2042905

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
  • Restaurant

Location

426 H St Lompoc, CA 93436-5322
Lompoc metro Census 2703 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 1997
4 recorded transactions
1997
$100,000
1997
Price N/A
1994
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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