Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

601 State St Santa Barbara, CA 93101

OFF-MARKET
Retail space
Property ID
US09-2922922
0.12 ac lot
Last sale Sep 2016 · $3,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 4,653-square-foot retail storefront at 601 State Street in downtown Santa Barbara presents a unique investment opportunity. Located on a highly visible corner lot at the intersection of State and W Cota Streets, this Class B property boasts an unparalleled location within a thriving commercial district. Built in 1970, the single-tenant building sits on a 0.12-acre lot and is currently vacant, offering flexibility for owner-users or investors seeking to capitalize on the high…

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?
$27k
Tax billed · 2024
Assessed value$2.29M
Assessed land$1.00M
Assessed improvement$1.29M
Effective rate1.19%

Value estimate

· Oct 2026
$505k
$455k – $556k
AI approach$505k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$467/SF
County average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$237 – $746

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: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service9.6
Dry Cleaner9.6
Shoe Repair8.8

Location

601 State St Santa Barbara, CA 93101-3301
County assessor Recorded deeds · 8 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 601 State St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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
Why this one?
Saved
Reason not saved — we won't ask again