111 S La Patera Ln - Distribution FOR SALE


$5,500,000 USD
805-453-3953
111 S La Patera Ln, Goleta, CA for Sale
$5,500,000 USD
Distribution - FOR SALE
1/5
null | Request Cap Rate

NEW



OVERVIEW

The industrial campus at 111 S. La Patera Lane presents a rare multi-building opportunity in Goleta’s constrained BP-zoned market, offering a blend of functionality, expansion capability, and long-term versatility appealing to both users and investors. The property features a substantial main warehouse supported by four additional structures, creating a flexible configuration suited for manufacturing, research and development, storage, or multi-tenant strategies. The site benefits from strong infrastructure, including 400-amp, 480-volt power and clear heights ranging from roughly 14 to 17.5 feet, enabling efficient production, equipment use, and material handling. Spread across a 3.02-acre parcel, the campus includes individual buildings at 107, 109, and 111 La Patera Lane, along with a dedicated garage, forming a cohesive environment adaptable to diverse operational needs. Located within a high-demand industrial pocket of Goleta with limited comparable supply, the asset offers substantial upside through repositioning, consolidation, or future lease-up. Its proximity to Goleta’s tech-driven economic base, established industrial operators, and the broader Santa Barbara innovation corridor further strengthens its long-term value, making this a compelling opportunity for buyers seeking scale, utility, and strategic location.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

3.02

LAND SF

131,551

ZONING

C

APN/PARCEL ID

073-050-039

ASK ABOUT THIS PROPERTY

Mike ChungColliersMore Info
805-453-3953

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Mike ChungColliersMore Info
805-453-3953

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.