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$2,495,000 Just Listed

  • For Sale
  • Active
  • Industrial
  • 12,000 Sq. Ft.
  • 0.5 Acres
  • Updated 3 hours ago
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311-321 North 2nd Street presents a compelling investor or owner-user opportunity in one of the most in-demand product types: small-bay industrial. The buildings feature freespan ceilings, flexible loading, and ample onsite parking in a convenient Lompoc location. Currently at 50% occupancy, the property offering flexible acquisition strategies. An investor can execute a straightforward lease-up to stabilize and position for a refinance or exit. An owner-user can occupy one or more units and offset costs with income from the leased portion. The asset can be acquired at a 5.27% in-place cap with a clear path to 7.10% stabilized, underpinned by Lompoc's demand drivers including Vandenberg Space Force Base, regional agriculture, and a growing services sector.

Full Property Details for 311-321 N 2nd St

General

  • Price: $2,495,000
  • Status: Active
  • Type: Industrial
  • Source: SBAOR
  • MLS ID: 26-1782
  • Updated: Today (5/29/2026)
  • Added to Site: Today

Location

  • Area: 55 - LOMPOC
  • County: Santa Barbara
  • Cross Streets: E Chestnut Ave

Structural Information

  • Square Feet: 12,000
  • Living Area: 12,000 Sq. Ft.

Lot Features

  • Lot Size (Acres): 0.5
  • Lot Size (Sq. Ft.): 21,780
  • Lot Size: 21780
  • Zoning: Other

Financial Considerations

  • Terms: See Remarks

Disclosures and Reports

  • Property ID: 085-052-023

Listed by Hayes Commercial Group

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Listing agent

— 311-321 N 2nd St —

  • Hayes Commercial Group

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 311-321 N 2nd St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2026
Listed
$2,495,000
301.13%
MLS
6/02/2016
Sold
$622,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 311-321 N 2nd St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,003
—
$736,315
2%
2024
$8,003
—
$721,879
2%
2023
$7,968
1%
$707,725
2%
2022
$7,866
-1%
$693,849
2%
2021
$7,954
1%
$680,245
1%
2020
$7,868
2%
$673,271
2%
2019
$7,741
2%
$660,070
2%
2018
$7,622
2%
$647,128
2%
2017
$7,484
68%
$634,440
69%
2016
$4,457
1%
$375,488
2%
2015
$4,425
1%
$369,849
2%
2014
$4,363
—
$362,605
—
2013
$4,360
—
$360,968
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Hayes Commercial Group

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311-321 N 2nd Street, Lompoc, CA 93436 (MLS# 26-1782) is a Industrial property. 311-321 N 2nd Street is currently listed for $2,495,000 and was received on May 29, 2026. Want to learn more about 311-321 N 2nd Street? Do you have questions about finding other Industrial real estate for sale in Lompoc? You can browse all Lompoc real estate or contact a Coldwell Banker agent to request more information.

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