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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) 6.50% Cap Rate
Investment Highlights
- Functional industrial warehouse with integrated office space, offering flexibility for a variety of uses.
- Convenient proximity to Highway 101, providing strong regional connectivity across the Central Coast.
- Grade-level loading for efficient operations and easy access for deliveries.
- Located within Santa Maria’s core industrial district, surrounded by established businesses and trade users.
Executive Summary
This ±11,000 SF industrial building in Santa Maria presents a value-add opportunity for investors seeking to acquire and stabilize a well-located asset. Delivered vacant, the property allows a buyer to execute a targeted lease-up strategy and secure a long-term tenant in a low-vacancy industrial submarket.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- California Millwork
- Manufacturing
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99,999 SF
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| California Millwork | Manufacturing | 99,999 SF | - | - |
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
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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