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Property profile & analytics
OFF-MARKET Estimated value $5,810,000
Retail space

801 Linden Ave Carpinteria, CA 93013-2042

0.3 ac lot
Individually Owned 4-yr Hold Free & Clear
Property ID
US09-2885827
Property summary
AI-generated overview

This 7,300 sq ft freestanding retail building is ideally situated on Linden Avenue, offering exceptional visibility and accessibility. Located on a prominent corner lot spanning 13,068 sq ft, the property boasts approximately 68 feet of frontage, maximizing street presence. The building features plentiful windows, providing ample natural light, and a convenient back storage area complete with a roll-up door for efficient loading and unloading. On-site parking accommodates 12 vehicles, supplemented by abundant street parking. Its strategic location offers easy access to the freeway and beach, attracting a diverse customer base from both Santa Barbara and Ventura Counties. The property benefits from its proximity to 700 LINDEN, a significant adaptive reuse project introducing numerous established restaurants and retailers to the area, further enhancing foot traffic and visibility. The building is available for purchase at $5,000,000, with seller financing available. Lease options are also available, with rates starting at $1.99 NNN (.75), offering flexible terms ranging from 5 to 15 years. The property's Assesor's Parcel Number (APN) is 003-262-020. This presents a unique opportunity to acquire a thriving retail space in a high-demand location. The building's versatile design makes it suitable for a variety of retail uses, including but not limited to restaurants, grocery stores, pharmacies, and banks.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Lot 0.3 ac (13,068 SF)
APN 003-262-020
UPID US09-2885827
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • CDReload - Online Bitcoin ATM Crypto Atm Atm
  • Coinhub Bitcoin ATM Teller Atm
  • Western Union Bank Credit Union
  • higi Physician
  • CRP Garage Door Service & Repair Home Help Garage Door Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.88M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.81M
Owner & transaction history
John F Welty · 4 yrs held
John F Welty
since 2022
Last sale
$4.9M
6 recorded transactions
2022
Price N/A
2022
$4.9M
2008
Price N/A
1998
Price N/A
1998
Price N/A
1998
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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