Property profile

800 State St Santa Barbara, CA 93101

FOR LEASE
Investment properties
Property ID
US09-1310721
0.09 ac lot
Entity Owned 9-yr Hold Absentee Owner Free & Clear
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800 State St, Santa Barbara, CA 93101 For Lease
Contact for pricing 883 SF available
800 State St, Santa Barbara, CA 93101
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Property summary

AI-generated overview

This exceptional 2,600 square foot retail space presents a rare opportunity in the vibrant heart of downtown Santa Barbara. Located at 800 State Street, on the corner of De La Guerra, this single-tenant property boasts unparalleled visibility and accessibility. Positioned prominently facing Paseo Nuevo and De La Guerra Plaza, the property benefits from high foot traffic and proximity to major retailers and popular attractions. Currently undergoing improvements, the space will be delivered in move-in ready "white-box" condition, offering a blank canvas for customization. The ground floor provides ample space for retail display or customer seating, while an upstairs loft offers additional versatility. The potential for outdoor seating further enhances the property's appeal. Significant signage opportunities exist, ensuring maximum brand visibility. This iconic Santa Barbara location, with its 93101 zip code, offers an unparalleled chance to establish a thriving business in one of California's most desirable cities. The property's prime corner location and high-traffic area guarantee significant exposure and potential for success.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Lot 0.09 ac (3,920 SF)
APN 037-052-010
UPID US09-1310721

Cap rate & NOI

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

Location

800 State St Santa Barbara, CA 93101
Santa Barbara metro Census 900 SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$610k

Owner & transaction history

since 2017
3 recorded transactions
2017
$8.6M
2007
Price N/A
1997
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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