801 Linden Ave Carpinteria, CA 93013
- Retail space
- 0.30 lot acres
Current Use by Public Records
- CDReload - Online Bitcoin ATM / Crypto Atm / Atm
- Coinhub Bitcoin ATM Teller / Atm
- Western Union / Money Transfer Service
- higi / Health Consultant
- CRP Garage Door Service & Repair / Garage Door Supplier / Home Help
Property Details for 801 Linden Ave
- Lot size
- 0.30 lot acres
- Property type
- Retail space
- APN
- 003-262-020
- APU
- 3262020
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,675,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,580,000
- 6.5%
- $4,480,000
- 7%
- $4,960,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,535,000
- Geo Method
- $5,545,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $4,775,000
- Retail
- $4,435,000
- Mixed-Use
- $4,495,000
- Hospitality
- $5,080,000
- Educational
- $4,225,000
- Residential Income
- $5,000,000
- Energy
- $5,090,000
- Income-Based Land
- $4,970,000
- Food Service
- $3,890,000
Location Insight
- Map
- Local Demand
- City
- Carpinteria
- County
- Santa Barbara
- State
- California
- Longitude
- -119.52
- Latitude
- 34.398
- CBSA code
- 42200
- CBSA name
- SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA