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224 N Smith St 11,000 SF 100% Leased Industrial Building Santa Maria, CA 93458 $1,499,000 ($136.27/SF) 6.10% Cap Rate
EXECUTIVE SUMMARY
Presenting a prime industrial investment opportunity in Santa Maria, CA. This 11,000 SF building, constructed in 1950, boasts full occupancy with a single unit, making it an ideal choice for industrial and manufacturing investors seeking a reliable income stream. Zoned R-3, this property offers versatility and potential for expansion or redevelopment. With a strategic location and 100% occupancy, this property represents a secure and promising addition to any investment portfolio.
PROPERTY FACTS
| Price | $1,499,000 | Lot Size | 0.33 AC |
| Price Per SF | $136.27 | Rentable Building Area | 11,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 6.10% | Year Built | 1950 |
| Property Type | Industrial |
| Price | $1,499,000 |
| Price Per SF | $136.27 |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.10% |
| Property Type | Industrial |
| Lot Size | 0.33 AC |
| Rentable Building Area | 11,000 SF |
| No. Stories | 1 |
| Year Built | 1950 |
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- California Millwork
- Manufacturing
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| California Millwork | Manufacturing | 99,999 SF | - | - |
1 1
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 119-264-001 | Improvements Assessment | $150,874 |
| Land Assessment | $208,902 | Total Assessment | $359,776 |
PROPERTY TAXES
Parcel Number
119-264-001
Land Assessment
$208,902
Improvements Assessment
$150,874
Total Assessment
$359,776
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224 N Smith St
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