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514 S Western Ave 27,072 SF Vacant Industrial Building Santa Maria, CA 93458 $3,980,000 ($147.02/SF) 5.40% Cap Rate



Investment Highlights
- Fence and Gated Year
Executive Summary
• + 20’ Clear Height
• Demised into six (6) units
• + 42,000 SF Lot
• Secure Parking Lot, Security Fencing, Automatic Gate,
42% Leased for 2 years with buyers right to Terminate lease if they want to occupy the complete building
• Demised into six (6) units
• + 42,000 SF Lot
• Secure Parking Lot, Security Fencing, Automatic Gate,
42% Leased for 2 years with buyers right to Terminate lease if they want to occupy the complete building
Property Facts
| Price | $3,980,000 | Lot Size | 0.96 AC |
| Price Per SF | $147.02 | Rentable Building Area | 27,072 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 5.40% | Year Built | 1953 |
| Property Type | Industrial | Clear Ceiling Height | 20’ |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 6 |
| Building Class | B | Opportunity Zone |
Yes
|
| Zoning | PD CM | ||
| Price | $3,980,000 |
| Price Per SF | $147.02 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5.40% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.96 AC |
| Rentable Building Area | 27,072 SF |
| No. Stories | 1 |
| Year Built | 1953 |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 6 |
| Opportunity Zone |
Yes |
| Zoning | PD CM |
Amenities
- Fenced Lot
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Industrial space for lease in Santa Maria ranging from 4,512 to 15,792 square feet. Building has 20' clear height, fenced yard, 1-2 roll up doors per unit and located not far from Highway 101. There is flexibility in the available square footage and an opportunity to purchase the building as the tenant.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 4,512-15,792 SF | Industrial | - | Now |
1st Floor
| Size |
| 4,512-15,792 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size | 4,512-15,792 SF |
| Space Use | Industrial |
| Build-Out | - |
| Available | Now |
Industrial space for lease in Santa Maria ranging from 4,512 to 15,792 square feet. Building has 20' clear height, fenced yard, 1-2 roll up doors per unit and located not far from Highway 101. There is flexibility in the available square footage and an opportunity to purchase the building as the tenant.
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 123-090-022 | Improvements Assessment | $1,985,621 |
| Land Assessment | $468,515 | Total Assessment | $2,454,136 |
Property Taxes
Parcel Number
123-090-022
Land Assessment
$468,515
Improvements Assessment
$1,985,621
Total Assessment
$2,454,136
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514 S Western Ave
