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402 Farnel Road

Santa Maria, CA 93454
  • $5,750,000
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: SC22001534
$5,750,000
  • 0
    BEDS
  • 1.83
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Listing Agent(s): Stephen Mccarty of Mccarty Davis, Inc. (805-543-1801)


Description

Property includes +/- 34,360 sq. ft. of Industrial space with a high percentage of office buildout. Central location in Santa Maria off S. Blosser Road. Zoning: PD / M-1. Ample on-site parking. Purchase price: $ 5,750,000 ($167 per sq. ft.). Santa Barbara County Superintendent of Schools is the primary occupant with a long tenancy. Building is FULLY leased for over the last 5 years (85% for the past 25 years) with projected Cap Rate 5.5%.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-27T00:26:42.977. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Veronica Encinas Team | Coldwell Banker Realty. Licensed in the State of California, USA.
www.encinashomes.com/homes/124442694
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402 Farnel Road Santa Maria, CA 93454

  • Price: $5,750,000
  • Status: Active
  • On Site: 22 Days
  • ID#: SC22001534
0
Beds
0
Baths
0
½ Baths
1.83
Acres
Neighborhood:
Smsw - Sm Southwest
County:
Santa Barbara
Area:
Smsw - Sm Southwest
Property Description
Property includes +/- 34,360 sq. ft. of Industrial space with a high percentage of office buildout. Central location in Santa Maria off S. Blosser Road. Zoning: PD / M-1. Ample on-site parking. Purchase price: $ 5,750,000 ($167 per sq. ft.). Santa Barbara County Superintendent of Schools is the primary occupant with a long tenancy. Building is FULLY leased for over the last 5 years (85% for the past 25 years) with projected Cap Rate 5.5%.
Exterior Features

Lot Features 2-5 Units/AcreCorner LotLevelNear ParkNear Public Transit

Property Features

Additional Parcels YN No Common Interest None Community Features Park Laundry Features None Listing Agreement Exclusive Right To Sell Property Sub Type Industrial Special Listing Conditions Standard Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-01-27T00:26:42.977. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Veronica Encinas Team | Coldwell Banker Realty. Licensed in the State of California, USA.
 
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Veronica Encinas Team | Coldwell Banker Realty
840 Newport Center Drive, Ste. 100
Newport CA, 92660
Listing Agent(s): Stephen Mccarty of Mccarty Davis, Inc. (805-543-1801)