Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1070 S Rice Ave Oxnard, CA 93033

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $29,500,000

    Greenhouse with cold storage development potential in Ventura County.

    Type:Industrial
    Property size:
    530,000 SF
    Added:
    Nov 26, 2025
    Days on Market:
    129
    Last Refresh:
    Nov 17 at 10:41 am

    Property Features for 1070 S Rice Ave

    General Information

    Standard status
    Active
    Size
    530,000 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Stephen W Nichols
    Stephen W Nichols

    Listing agent Stephen W Nichols License #0225190108

    Listing office Dehanas Real Estate Services

    Listing date Nov 26, 2025

    Source Lee-associates

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Dehanas Real Estate Services

    Overview

    State-of-the-Art Greenhouse in Oxnard

    This property features a state-of-the-art greenhouse and offers potential for cold storage development. Located in Oxnard, California, the property is situated in Ventura County. The property is suitable for farms, agricultural purposes, warehouses, and industrial uses. The property size is 530,000 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Auto Repair Shop Big Box & Wholesale Store Gym & Fitness Center Pharmacy Auto Parts Store Department Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oxnard
    County
    Ventura
    State
    California
    Longitude
    -119.140033
    Latitude
    34.190836

    Nearby Similar for Sale

    • $300,000
      771 SF

      Oxnard Office Condo with Basement

      Office condominium with basement, reception, and four offices for sale.
      1200 N Ventura Rd, Oxnard, CA 93030
      View Details
    • $979,000
      1,763 SF

      Remodeled Oxnard Duplex on Corner Lot

      Updated duplex in Oxnard with strong income potential.
      5340 S J, Oxnard, CA 93033
      View Details
    • $5,950,000

      Prime Farmland in Oxnard, CA

      59.05 acres of row crop farmland for sale.
      2151 East Wooley Road, Oxnard, CA 93030
      View Details
    • $34,995,000

      Prime Oxnard Plain Farmland Ranch

      411 acre Oxnard Ranch with income stream.
      0 Wood Road, Oxnard, CA 93033
      View Details
    • $379,900
      989 SF

      Oxnard Quadruplex with Upgraded Kitchen

      Quadruplex in Oxnard, CA, featuring upgraded kitchen finishes.
      1431 Casa San Carlos Lane, Oxnard, CA 93033
      View Details
    • $550,000

      Commercial Building on Saviers Road

      Spacious retail building with high visibility on a busy road.
      2010-2016 Saviers Road, Oxnard, CA 93033
      View Details
    • $879,000
      754 SF

      Beach Area Office Opportunity

      Landmark property near Silverstrand Beach and Channel Islands Harbor.
      2525 Roosevelt Blvd, Oxnard, CA 93035
      View Details
    • $3,250,000
      18,857 SF

      Oxnard Flex Space with Yard

      Flex space with offices, secured yard, and M2 zoning.
      720 Pacific Avenue, Oxnard, CA, 93030
      View Details
    • $730,000
      3,172 SF

      Industrial Condo with Office Space

      Industrial condo with built-out office and warehouse space.
      Pacific Avenue, Oxnard, CA 93030
      View Details
    • $925,000
      2,640 SF

      Oxnard Retail Property For Sale

      Retail property in a high-traffic area of Oxnard, California.
      252-254 West 1st St, Oxnard, CA 93030
      View Details
    • $824,265
      1,409 SF

      Oxnard Office Unit For Sale

      Office unit with 1,409 square feet of space.
      2861 N Ventura Rd, Oxnard, CA 93036
      View Details
    • $5,000,000
      19,424 SF

      Oxnard Industrial Property For Sale

      19,424 SF industrial property on 1.22 acres in Oxnard.
      1741 Fiske Place, Oxnard, CA, 93033
      View Details

    FAQs

    What type of property is this?
    Farm - Greenhouse with cold storage development potential in Ventura County.
    Where is this farm located?
    The property is located at 1070 S Rice Ave Oxnard, CA.
    What is the asking price?
    The asking price for this property is $29,500,000.
    What are key features of this property?
    This property features: State‑of‑the‑art greenhouse; Potential for cold storage development; Located in Ventura
    (301) 870-1717
    We can help!
    Listing Contact
    Stephen W Nichols
    Stephen W Nichols
    Real Estate License ID: 0225190108
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!