Add Listing
    For Lease
    • 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

    SEC Highway 126 & Hallock Drive Santa Paula CA 93060 Santa Paula, CA 93060

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

    Hospitality/Retail site For Lease

    Added:
    Jan 29, 2025
    Days on Market:
    427
    Last Refresh:
    Mar 16 at 9:05 am

    Property Features for SEC Highway 126 & Hallock Drive Santa Paula CA 93060

    General Information

    Standard status
    Active
    Property type
    Residential land & home lots, Commercial land, Hotels, Land, Hospitality properties
    Elevators
    N/A
    Rate Type
    Monthly

    We can help!

    Listing Contact
    Lawrence Tanji

    Listing agent Lawrence

    Listing office

    Listing date Jan 29, 2025

    Overview

    Santa Paula Development Sites

    Available for lease are two development sites in Santa Paula, California. One site, approximately 3.32 acres, is suited for a hotel development. The other site, approximately 3.91 acres, is zoned for restaurant and retail uses. The retail site is adjacent to a newly planned hospital and medical pavilion. Both sites have visibility and accessibility via Highway 126 and Hallock Drive. The sites are located at the gateway to the Harvest Development, a master-planned community encompassing 2,050 housing units across 502 acres. The combined acreage provides potential for a mixed-use development. The listed square footage is approximate and should be verified independently. Specific lease terms are available upon request.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Santa Paula
    County
    Ventura
    State
    California
    Longitude
    -119.106
    Latitude
    34.3776

    Nearby Similar for Lease

    • $140,000/mo

      Retail Pad in Santa Paula

      Retail pad available in a busy Santa Paula shopping center.
      327 S Palm Ave, Santa Paula, CA 91381
      View Details
    • $1.20/mo

      New Industrial Space For Lease

      New construction industrial space with immediate highway access available for lease.
      600 Todd Lane, Santa Paula, CA, 93060
      View Details
    • $0.90/mo

      Industrial Space in Santa Paula

      2000 SF industrial space for rent in Santa Paula.
      957 Faulkner Road, Santa Paula, CA, 93060
      View Details
    • $25,000/mo

      Santa Paula Farm Ground For Lease

      Farm ground available for lease in Santa Paula, California.
      000 Faulkner Road, Santa Paula, CA 93060
      View Details
    • $0.20/mo

      Santa Paula Industrial Yard Space

      Industrial yard space available for lease in Santa Paula.
      815 Mission Rock Road, Santa Paula, CA 93060
      View Details
    • $1.10/mo

      Santa Paula Warehouse/Distribution Space

      Freestanding building suitable for manufacturing, warehousing, or distribution.
      1780 E Lemonwood Dr, Santa Paula, CA
      View Details
    • $0.10/mo

      Industrial Zoned Land For Rent

      5.5 acres of industrial-zoned land available for rent.
      910 Mission Rock Rd, Santa Paula, CA
      View Details
    • Contact for pricing

      Santa Paula Freestanding Warehouse

      Freestanding warehouse in Santa Paula with dock and ground doors.
      1755 Lemonwood Dr, Santa Paula, CA
      View Details
    • Contact for pricing

      SEC Highway 126 & Hallock Drive

      Prime development opportunities in Santa Paula, CA.
      SEC Highway 126 & Hallock Drive Santa Paula, CA 93060, Santa Paula, CA 93060
      View Details
    • Contact for pricing

      Restored Historical Building Office Space

      Office space in a beautifully restored historical building for rent.
      216 N 8th St, Santa Paula, CA 93060
      View Details
    • $1.75/mo

      Santa Paula Office Space Available

      Second floor office space available for rent in Santa Paula.
      725 E Main St, Santa Paula, CA
      View Details
    • Contact for pricing

      Furnished Medical Office Available

      Fully furnished medical office space available for rent now.
      243 N 10th St, Santa Paula, CA 93060
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Hospitality/Retail site For Lease
    Where is this residential land & home lot located?
    The property is located at SEC Highway 126 & Hallock Drive Santa Paula CA 93060 Santa Paula, CA.
    (805) 288-4681
    We can help!
    Listing Contact
    Lawrence Tanji
    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!