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1416 E Walnut Ave - Residential Development Opportunity 1.9 Acres of Residential Land Offered at $2,373,000 in Lompoc, CA 93436

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INVESTMENT HIGHLIGHTS

  • Great corner location
  • Benefits from neighboring Home Depot and Lompoc Valley Medical Center

EXECUTIVE SUMMARY

Prime

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER AC
Taxes $11,420 $6,010.53
Operating Expenses - -
Total Expenses $11,420 $6,010.53

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual $11,420
Annual Per AC $6,010.53
Operating Expenses
Annual -
Annual Per AC -
Total Expenses
Annual $11,420
Annual Per AC $6,010.53

PROPERTY FACTS

Price $2,373,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Multifamily
  • Apartment Units
  • Single Family Development
Total Lot Size 1.90 AC
Zoning Multi-Family - R3PD

1 LOT AVAILABLE

Lot 1

Price $2,373,000
Price Per AC $1,248,947.37
Lot Size 1.90 AC

1.9 acre land property located at the corner of Northwest of E Walnut Ave and North 7th Street in the City of Lompoc. It is located right across the Lompoc Valley Medical Center and next to Home Depot.

Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
085-150-009
Land Assessment
$2,118,203 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$2,118,203 (2025)
Annual Taxes
$11,420
Tax Year
2024
  • Listing ID: 32083035

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 1416 E Walnut Ave, Lompoc, CA 93436

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