Log In/Sign Up
818 E Ocean Ave
Lompoc, CA 93436
Ground Lease (Leased Fee) · Land For Sale
·
0.64 AC
Investment Highlights
- Great return from stable income source
- Good location on primary corridor
- Future upside potential
Property Facts
| Property Type | Land | Proposed Use | Retail |
| Property Subtype | Commercial | Total Lot Size | 0.64 AC |
| Zoning | CPD | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 0.64 AC |
| Zoning | CPD |
Description
27,878sf of ground leased land with eight years and two twenty-year options remaining. Payment to the landowner provides a 6.06% return based upon the current lease. Approx. 7,500sf of retail sits on the property. The ground lessor is well-heeled. There is an additional 20' of property that has been added to the frontage as an abandoned road.
Property Taxes
| Parcel Number | 085-150-063 | Improvements Assessment | $688,500 |
| Land Assessment | $229,500 | Total Assessment | $918,000 |
Property Taxes
Parcel Number
085-150-063
Land Assessment
$229,500
Improvements Assessment
$688,500
Total Assessment
$918,000
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
