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- LoopNet Team
McMurray Rd
Buellton, CA 93427
Village Hotel Site · Land For Sale
·
4.03 AC
INVESTMENT HIGHLIGHTS
- Entitlements for two hotels totaling 140,400 SF.
- Select service and boutique hotel flags.
- Square footage includes 4,400 SF of meeting space.
- Two 107-key hotels.
- 222 surface parking spaces.
PROPERTY FACTS
DESCRIPTION
The subject Property is located at the northeast corner of the McMurray Road and Valley Vineyard Circle intersection in the City of Buellton, CA. The Site is flat, generally rectangular in shape and conducive to efficient development. The Property is immediately accessible to U.S. Route 101 (US-101), a north-south U.S. highway that runs from Los Angeles to central Washington along the scenic west coast of the U.S. It is also located on Highway 246 providing immediate east-west access and is only a 15 minute drive to Gaviota Beach. The Property is currently vacant land with full entitlements for two 107-key hotels with meeting/banquet space. Additionally, the current owners have completed the lot split, allowing for separate ownership, operations, dual branding, independent sales, etc.
PROPERTY TAXES
| Parcel Number | 137-790-001 | Improvements Assessment | $0 |
| Land Assessment | $4,665,098 | Total Assessment | $4,665,098 |
PROPERTY TAXES
