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

    111 West Matilija Street Ojai, CA 93023

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Parking lot available in the vibrant city of Ojai.

    Type:Land
    Property size:
    11,326 SF
    Lot size:
    0.26 Acres
    Added:
    Mar 25, 2026
    Days on Market:
    10
    Last Refresh:
    Mar 18 at 9:37 am

    Property Features for 111 West Matilija Street

    General Information

    Standard status
    Active
    Size
    11,326 SF
    Lot size
    0.26 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Larry Tanji

    Listing agent Larry Tanji License #1027860

    Listing office CBRE, Inc

    Listing date Mar 25, 2026

    Source Cbre

    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 CBRE, Inc

    Overview

    Ojai Parking Lot For Sale

    This commercial property is a parking lot located in the vibrant city of Ojai. The property has a size of 11326 square feet and is suitable for commercial land, land, parking lots and garages, automotive properties, retail properties and spaces, and general commercial real estate.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ojai
    County
    Ventura
    State
    California
    Longitude
    -119.2480884
    Latitude
    34.4483169

    Nearby Similar for Sale

    • $25,000

      Established Hair Salon Business Opportunity

      Turnkey hair salon with loyal clientele in Ojai, California.
      423 East Ojai Avenue, Ojai, CA 93023
      View Details
    • $4,250,000
      3,934 SF

      Renovated Ranch Home with JADU

      Spacious Ojai home with pool, views, and rental potential.
      1131 Rancho Dr, Ojai, CA 93023
      View Details
    • $3,999,000

      Prime Retail Space in Ojai

      High-visibility retail property in the heart of downtown Ojai.
      110 West Ojai Avenue, Ojai, CA 93023
      View Details
    • $625,000

      Ojai Land Development Opportunity

      Vacant lot in downtown Ojai with pre-development groundwork completed.
      608 E Ojai Avenue, OJAI, CA 93023
      View Details
    • $3,999,000
      1,736 SF

      Downtown Ojai Commercial Real Estate

      High-visibility commercial property in downtown Ojai, adjacent to luxury hotel.
      110 W. Ojai Ave., Ojai, CA 93023
      View Details
    • $1,500,000

      Prime Ojai Development Opportunity

      Flat, usable acreage in Ojai's thriving business corridor.
      1400 Maricopa, Ojai, CA 93023
      View Details
    • $2,250,000

      Ojai Mixed-Use Investment Opportunity

      Duplex in downtown Ojai, ideal for live/work or income.
      211 N Signal St, Ojai, CA 93023
      View Details
    • $625,000

      Ojai Vacant Lot Opportunity

      Development-ready vacant lot in downtown Ojai with groundwork completed.
      608 E Ojai, Ojai, CA 93023
      View Details
    • $3,400,000

      Buildable Land with Panoramic Views

      12-acre property near Ojai with views and historic barn.
      1201 Grand, Ojai, CA 93023
      View Details
    • $800,000

      Hilltop Property with Mountain Views

      Private 63-acre property with meadows, canyons, and mountain views.
      10331 Sulphur Mountain, Ojai, CA 93023
      View Details
    • $2,995,000
      16,000 SF

      Ojai Redevelopment Opportunity

      Former bowling alley ripe for redevelopment in Ojai.
      1202 E Ojai Ave, Ojai, CA 93023
      View Details
    • $5,000,000

      Ojai Agricultural Land with Ranch

      Land with existing home and agricultural potential in Ojai.
      2250 Hermitage, Ojai, CA 93023
      View Details

    FAQs

    What type of property is this?
    Commercial land - Parking lot available in the vibrant city of Ojai.
    Where is this commercial land located?
    The property is located at 111 West Matilija Street Ojai, CA.
    What are key features of this property?
    This property features: Parking lot available; Located in the vibrant city of Ojai
    (805) 288-4681
    We can help!
    Listing Contact
    Larry Tanji
    Real Estate License ID: 1027860
    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!