Versatile Industrial Condo in
108-6085 King Dr Ventura, CA
108-6085 King Dr, Ventura, CA, 00000
$1,115,000
For Sale
$1,115,000
Spacious industrial condo with high ceilings, natural light, and ample parking.
Property Size2,989 SF
Price / SF$373.03
Days on Market59
Property Features for 108-6085 King Dr
General Information
- Standard status
- Active
- Size
- 2,989 SF
Listing Agency
LIV Sotheby's International Realty
(805) 444-7874
Listed by
Amy Hall · License #01957427
(805) 444-7874
Source
Exprealty
Added: May 20 Checked: Jul 16 at 1:13 pm
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 LIV Sotheby's International Realty
Investment Insights
Based on property information with market context.
This impressive industrial condo is centrally located in Ventura, offering just under 3,000 square feet of versatile workspace with soaring 16-foot ceilings. The expansive interior is filled with natural light from multiple skylights, creating an open and bright atmosphere. Designed for both functionality and flexibility, the spacious roll-up door facilitates loading equipment, oversized tools, RVs, yachts, trailers, or multiple vehicles. Car enthusiasts and collectors will appreciate the potential to install several vehicle lifts, maximizing storage and creating an automotive workspace or showroom. A formal entrance with glass doors welcomes clients and guests into the private 11 x 11 office, offering a polished and professional setting. A convenient half bath is located around the corner, along with existing work benches and built-in shelving. Ample parking adds convenience for employees or customers. This industrial area surrounding the Buenaventura Golf Course is one of Ventura's most convenient and desirable commercial corridors. Located just off Olivas Park Drive, with quick access to Highway 101, the area blends light industrial, business park, automotive, marine, and recreational uses, making it ideal for warehouse, showroom, contractor, or hobbyist space.
Key Highlights
- Centrally located in Ventura with quick access to Highway 101
- Approximately 3,000 SF of versatile workspace with 16‑FT ceilings
- Roll‑up door for easy loading of equipment, vehicles, or oversized items
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $120.9k | $40.44 |
| − Vacancy | −$5.5k | −$1.85 |
| EGI | $115.3k | $38.59 |
| − OpEx | −$34.6k | −$11.58 |
| NOI | $80.7k | $27.01 |
2,989 SF · lease $40.44/SF/yr · vacancy 4.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.15M
$1.01M – $1.35M
NOI $80,737 @ 7.0% cap · market cap 7.24%
Second Best
Warehouse
$865.4K
$757.3K – $1.01M
NOI $60,580 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$1.80M
$1.58M – $2.11M
NOI $126,315 @ 7.0% cap · market cap 11.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
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Similar Off Market Nearby
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- Bite Catering Couture — 584 Channing Ave, Palo Alto, CA 94301
- Jessica's Catering — Palo Alto, CA 94301
- Panache Catering-Sales — Palo Alto, CA 94301
- Feast and Floral — 369 Lytton Ave, Palo Alto, CA 94301
FAQs
What type of property is this?
Flex space - Spacious industrial condo with high ceilings, natural light, and ample parking.
Where is this flex space located?
The property is located at 108-6085 King Dr Ventura, CA.
What is the asking price?
The asking price for this property is $1,115,000.
What are key features of this property?
This property features: Centrally located in Ventura with quick access to Highway 101; Approximately 3,000 SF of versatile workspace with **16‑FT ceilings**; **Roll‑up door** for easy loading of equipment, vehicles, or oversized items