Warehouse with Fenced Secured
For Sale
Contact for pricing
1115-1131 Mercantile St, Oxnard, CA 93030
Warehouse property zoned M2 with a fenced and secured yard for storage and industrial uses.
Property Size39,000 SF
Price / SF$198
Days on Market220
Property Features for 1115-1131 Mercantile St
General Information
Standard status
Active
Size
39,000 SF
Property subtype
INDUSTRIAL
Zoning
M2
Site & Location
Neighborhood
Cal-Gisler
Fenced Yard
Yes
Outdoor Storage
Yes
Listing Agency:
CBRE, Inc
(805) 288-4700
Listed By:
Jim Meaney · License #01360121
(805) 377-5020
Source:
Moodyscre
Added: Mar 26
Changed: Oct 25
Last Checked: Oct 30 at 4:54PM
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
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Investment Insights
Based on property information with market context.
Warehouse property zoned M2, offered with a fenced and secured yard to support storage and light industrial operations. The site is described as fenced and secured, which can help define outdoor work or inventory areas.
Located in central Oxnard, the property’s address is 1115-1131 Mercantile St, Oxnard, CA 93030. This configuration is commonly suited to tenants that need enclosed warehouse space complemented by controlled outdoor staging or storage.
The property totals 39,000 square feet and is presented for sale with its yard perimeter and industrial zoning designation as key site features.
Located in central Oxnard, the property’s address is 1115-1131 Mercantile St, Oxnard, CA 93030. This configuration is commonly suited to tenants that need enclosed warehouse space complemented by controlled outdoor staging or storage.
The property totals 39,000 square feet and is presented for sale with its yard perimeter and industrial zoning designation as key site features.
Key Highlights
- Warehouse property zoned M2
- Fenced and secured yard
- 39,000 SF warehouse property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$472,388
Cap Rate
6.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,447,760
$9.4M
Cap Rate 7%
$6,748,400
$6.7M
Cap Rate 9%
$5,248,756
$5.2M
Market Conditions
NOI Build-Up for 39,000 SF
Gross rent
$585.0K $15.00/SF
− Vacancy
−$29.3K −$0.75/SF
EGI
$555.8K $14.25/SF
− OpEx
−$83.4K −$2.14/SF
NOI
$472.4K $12.11/SF
Area
Oxnard, CA
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,447,760
Cap Rate 7%
$6,748,400
Cap Rate 9%
$5,248,756
Alternative Uses
Best Use
Warehouse
$6.75M
$5.90M – $7.87M
NOI $472,388 @ 7.0% cap · market cap 6.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.73M
$11.14M – $14.85M
NOI $890,978 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,604
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93030, CA
59,011
Population
15,966
Households
3.7
Avg Household Size
33
Median Age
19%
College-Educated
70%
High-School Grad
14.1 sq mi
ZIP Area
4,185
Density / Sq Mi
$90,067
Median Household Income
$36,217
Median Earnings
$1,853
Median Rent
$639,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
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- BLVD Moving — 1801 Sunkist Cir, Oxnard, CA 93033
- Your Own Near Perfect Storage Units - Oxnard CA — 1649 Pacific Ave, Oxnard, CA 93033
- U-STORE-IT — 1280 Saviers Rd, Oxnard, CA 93033
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property zoned M2 with a fenced and secured yard for storage and industrial uses.
Where is this warehouse located?
The property is located at 1115-1131 Mercantile St Oxnard, CA.
What is the asking price?
The asking price for this property is $7,722,000.
What are key features of this property?
This property features: Warehouse property zoned M2; Fenced and secured yard; 39,000 SF warehouse property
