r a d i u s c o m m e r c i a l r e a l e s t a t e & i n v e s t m e n t s | 2 0 5 e . c a r r i l l o s t . s u i t e 1 0 0 | s a n t a B a r B a r a c a 9 3 1 0 1 | 8 0 5 . 9 6 5 . 5 5 0 0 | r a d i u s g r o u p. c o m3.26.18
Proposed Development. Artist’s rendering not to scale.
3699 Sagunto St. Santa Ynez, CA 93460±20,473 SF Parcel For Sale | Offered at $749,950 Includes a proposed mixed-use development. High visibility location in the heart of Santa Barbara’s wine country.
Steve [email protected] Lic. 00772218
f o r s a l e � ± 2 0 , 4 7 3 sf Vac a n t lo t3 6 9 9 sag u n to st. | sa n ta Yn e z , c a 93 4 6 0
r a d i u s c o m m e r c i a l r e a l e s t a t e & i n v e s t m e n t s | 2 0 5 e . c a r r i l l o s t . s u i t e 1 0 0 | s a n t a B a r B a r a c a 9 3 1 0 1 | 8 0 5 . 9 6 5 . 5 5 0 0 | r a d i u s g r o u p. c o m3.26.18
steve battaglia Principal, Battaglia Commercial Real Estate
[email protected]. 01318215
Steve [email protected] Lic. 01318215
Also represented by
property brief
Rare opportunity to own a property in Santa Barbara’s premier wine Country.
Just off Hwy. 246, known as Santa Barbara County’s Old Stagecoach Route,
is this prime, ±1/2 acre, corner lot with sweeping mountain views. Located
in Santa Ynez, a vacation destination only 45 minutes from Santa Barbara,
and neighbors many fine restaurants, wineries and retailers. This ±20,473 SF
parcel currently has a mixed-use development proposed which would feature a
Western-style building with a restaurant and four, 1-bedroom condominiums/
apartments on the second floor. Fantastic location for a tasting room and/or
a bed and breakfast! Water service will be supplied through the Santa Ynez
River Water Conservation District and sewer services will be provided by the
Santa Ynez Community Services District. An updated 3/4” water meter will
adequately serve the commercial vacant lot. Contact Listing Agents for details.
Vacant Lot Price ▶ $749,950
Units ▶ 5 (Potential concept)
Potential Unit Mix ▶ (1) ±6,000 SF Restaurant; (4) ±1,000 SF 1BR+1BA Condos/Apartments Bed & Breakfast Possibility
Land Size ▶ ±20,473 SF
Building Size ▶ ±10,221 SF (Including wraparound verandas & decks)
Zoning ▶ C-2, Mixed-Use
APN ▶ 143-184-002
Parking ▶ 19 Spaces
Utilities ▶ An Updated 3/4” Water Meter On Site
The information provided here has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
Offered at
$749,9 5 0Proposed Mixed-Use Development | Approx. $36.63/SF Land
Steve [email protected] Lic. 00772218
f o r s a l e � ± 2 0 , 4 7 3 sf Vac a n t lo t3 6 9 9 sag u n to st. | sa n ta Yn e z , c a 93 4 6 0
r a d i u s c o m m e r c i a l r e a l e s t a t e & i n v e s t m e n t s | 2 0 5 e . c a r r i l l o s t . s u i t e 1 0 0 | s a n t a B a r B a r a c a 9 3 1 0 1 | 8 0 5 . 9 6 5 . 5 5 0 0 | r a d i u s g r o u p. c o m3.26.18
steve battaglia Principal, Battaglia Commercial Real Estate
[email protected]. 01318215
Steve [email protected] Lic. 01318215
Also represented by
Sagunto St.
tivola St.
manzana st.
Steve [email protected] Lic. 00772218
f o r s a l e � ± 2 0 , 4 7 3 sf Vac a n t lo t3 6 9 9 sag u n to st. | sa n ta Yn e z , c a 93 4 6 0
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steve battaglia Principal, Battaglia Commercial Real Estate
[email protected]. 01318215
Steve [email protected] Lic. 01318215
Also represented by
property photoS
The information provided here has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
Steve [email protected] Lic. 00772218
f o r s a l e � ± 2 0 , 4 7 3 sf Vac a n t lo t3 6 9 9 sag u n to st. | sa n ta Yn e z , c a 93 4 6 0
r a d i u s c o m m e r c i a l r e a l e s t a t e & i n v e s t m e n t s | 2 0 5 e . c a r r i l l o s t . s u i t e 1 0 0 | s a n t a B a r B a r a c a 9 3 1 0 1 | 8 0 5 . 9 6 5 . 5 5 0 0 | r a d i u s g r o u p. c o m3.26.18
steve battaglia Principal, Battaglia Commercial Real Estate
[email protected]. 01318215
Steve [email protected] Lic. 01318215
Also represented by
The information provided here has been obtained from the owner of the property or from other sources deemed reliable. We have no reason to doubt its accuracy, but we do not guarantee it.
income analySiS
Executive Summary Vacant Land
Price: $749,950Lot Size: 20,473 SF
Price/Lot SF: $36/SFBuilding Size:
Zoning: C-2, Mixed UseAPN: 143-184-020
Potential Estimated Annual Expenses
Current Current % GOIReal Estate Taxes: 1.05% $29,531 14.4%
Advertising: Est. $1,500 0.7%Insurance: Est. $9,500 4.5%
Utilities: Est. $6,500 3.1%Electric by Tenant
Water by Tenant Trash INC above
Gas by Tenant Maint/Repairs: Est. $700/Unit $3,500 1.7%
Grounds: Est. $3,600 1.7%Off-site Management: 5% $10,710 5.1%On-site Management: Est. $0 0.0%
Pest Control: Est. $500 0.2%Legal & Accounting: Est. $2,500 1.2%
Reserves: Est. $300/Unit $1,500 0.7%Annual Expenses Per Unit $13,894
Annual Expenses (50% only b/c NNN) $69,472 33.1%
Potential Rent | Mixed Use � 5 Units
Potential Rent# Units Mix Ext. SF Rent/Unit Monthly Income
4 1BD/1BA 850 $1,575 $6,3001 Com 6,600 $11,550 $11,550
$1.75/SF NNN5 Total SF 10,000
Potential Monthly Rental Income: $17,850Potential Gross Annual Income: $214,200
Less: Vacancy & Collection Loss: 2% $4,284Potential Effective Gross Economic Income: $209,916
Maverick Saloon
Steve [email protected] Lic. 00772218
f o r s a l e � ± 2 0 , 4 7 3 sf Vac a n t lo t3 6 9 9 sag u n to st. | sa n ta Yn e z , c a 93 4 6 0
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steve battaglia Principal, Battaglia Commercial Real Estate
[email protected]. 01318215
Steve [email protected] Lic. 01318215
Also represented by
comparable SaleS
Property Address Date of Sale Sale Price No. of SF Zoning Price Per SF Ultimate Usage
3699 Sagunto St., Santa Ynez Subject Property $737,500 20,473 Mixed Use C-2 $36 (4) 1BD/1BA Condos + 6,600 SF Commerical
1758 Laurel Ave., Santa Ynez 10/30/2014 $970,000 56,628 DR 20 20 Apts. Per Acre 31 Senior Units
1624 Oak St., Solvang Active $599,000 13,068 TRC Mixed Use $46 Any Tourist Related/Commercial
1
2
3
3699 SAGUNTO ST.
2
3
m a r k e t o v e r v i e w
Steve [email protected] Lic. 00772218
f o r s a l e � ± 2 0 , 4 7 3 sf Vac a n t lo t3 6 9 9 sag u n to st. | sa n ta Yn e z , c a 93 4 6 0
r a d i u s c o m m e r c i a l r e a l e s t a t e & i n v e s t m e n t s | 2 0 5 e . c a r r i l l o s t . s u i t e 1 0 0 | s a n t a B a r B a r a c a 9 3 1 0 1 | 8 0 5 . 9 6 5 . 5 5 0 0 | r a d i u s g r o u p. c o m3.26.18
steve battaglia Principal, Battaglia Commercial Real Estate
[email protected]. 01318215
Steve [email protected] Lic. 01318215
Also represented by
As the gateway to Santa Barbara’s wine country, the Santa Ynez Valley is located 30 minutes north of Santa Barbara
and nestled between the Santa Ynez and Santa Rafael Mountains. Numerous world-renowned wineries and vineyards
dot the landscape as well as horse and cattle ranches. In fact, the valley is recognized as the epicenter of California’s
multi-billion dollar equine industry. Other attractions include the Los Padres National Forest, Lake Cachuma, Old Mis-
sion Santa Inez, golf courses and the Santa Ynez Valley Historical Museum & Parks-Janeway Carriage House display-
ing old stagecoach relics from the valley’s past. Six small towns are home to the region and include Ballard, the small-
est and oldest community, Solvang, a charming Danish-American hamlet, the rapidly growing Buellton, the vintage
chic community of Los Alamos, the world-class wine tasting haven of Los Olivos, and the turn-of-the-20th-Century
township of Santa Ynez.
Santa ynez valley | golden vineyard country
3699 Sagunto St.
Steve [email protected] Lic. 00772218
f o r s a l e � ± 2 0 , 4 7 3 sf Vac a n t lo t3 6 9 9 sag u n to st. | sa n ta Yn e z , c a 93 4 6 0
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steve battaglia Principal, Battaglia Commercial Real Estate
[email protected]. 01318215
Steve [email protected] Lic. 01318215
Also represented by
Top Varietals Planted in SB County (2014)
� Chardonnay ....................7,529 Acres
� Pinot Noir .......................5,561 Acres
� Syrah ..............................1,928 Acres
� Sauvignon Blanc .............799 Acres
� Grenache ........................484 Acres
� Cabernet Sauvignon .......361 Acres
� Pinot Grigio/Gris ............313 Acres
� All Others .......................613 Acres
Santa barbara county’S buStling wine induStry
Wine is Santa Barbara County’s number one finished agricultural product, and the county’s wine grape crop is its second most valuable agricultural crop. In fact the region’s wine grape industry has experienced tremendous growth in recent years, increasing in total value from approximately $97 Million in 2010 to over $155 Million in 2014. One factor contributing to this success is the area’s unique east-west (transverse) mountain ranges, versus the usual north-south orientation of mountain ranges. This creates a dramatic cooling effect on the region’s climate allowing world class grapes to be grown.
Santa Barbara Wine Industry Fast Facts
� Number of wineries in Santa Barbara County (2013) ......................................................191
� Acres of wine grapes grown in Santa Barbara County (2014) .........................................21,052 Acres
� Avg. yield per acre (2014) .............................................................................................4.37
� Avg. price per ton (2014)...............................................................................................$1,751/ton
� Economic value of wine grapes in Santa Barbara County (2014) ....................................$155,256,000
� Annual economic impact of wine in Santa Barbara County (2013) ..................................$1.7 Billion
� Number of approved American Viticultural Areas (AVAs) in Santa Barbara County .........5
� Number of different wine grape varietals grown in Santa Barbara County ......................More than 50
