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Financial
Distress signals
Property profile

508 W Main St Santa Maria, CA 93458

FOR SALE
Turn key restaurants
Property ID
US09-2165054
0.5 ac lot
Last sale Oct 2021
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 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

The property is a commercial multi-unit site comprising approximately 9,122 square feet of building area on a lot of approximately 14,374 square feet. It is zoned C-2 and includes on-site parking. The complex consists of six units distributed across three separate buildings. The property is configured for multi-tenant occupancy.

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?
$11k
Tax billed · 2024
Assessed value$962k
Assessed land$320k
Assessed improvement$642k
Effective rate1.10%

Value estimate

· Oct 2026
$365k
$329k – $402k
AI approach$365k
NOI build-up
Gross scheduled income$197k
Vacancy & credit loss−$17k
Operating expenses−$54k
NOI · 7.01% cap applied$126k

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?
7.01%
$126k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.0
HVAC Service11.4
Dry Cleaner9.1

Location

508 W Main St Santa Maria, CA 93458
County assessor Recorded deeds · 13 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
115 Park, Santa Maria, CA 93458-6126 $550,000 Feb 2026 766 SF
1349 La Brea, Santa Maria, CA 93458-6828 $60,000,000 Dec 2025 No data
614 Main, Santa Maria, CA 93458-5084 $717,000 Dec 2025 No data
216 Main, Santa Maria, CA 93458-5027 $600,000 Aug 2024 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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