Industrial Metal Finishing
For Sale
Contact for pricing
1160 Mercantile St, Oxnard, CA 93030
Turnkey metal finishing and plating business with real estate, supporting anodizing, passivation, and corrosion protection services for manufacturers.
Property Size16,112 SF
Price / SF$198.61
Days on Market60
Property Features for 1160 Mercantile St
General Information
Standard status
Active
Size
16,112 SF
Property subtype
Industrial, Business for Sale
Zoning
M2
Occupancy
100%
Investment Type
Owner/User
Additional Details
Business Included
Yes
Building Details
Year Built
1968
Buildings
1
Tenancy
Single
Listing Agency:
Kidder Mathews
(818) 206-7480
Listed By:
Cristian Contreras · License #02137897
Source:
Crexi
Added: Jun 11
Changed: Aug 8
Last Checked: Aug 6 at 6:31AM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This offering combines an established metal finishing and plating operation with the underlying industrial real estate. The business has decades of industry experience and provides chemical processing and surface treatment solutions used in industrial and manufacturing applications. Services include anodizing, passivation, electroless nickel plating, and corrosion protection coatings.
The property is offered with the operating business for a combined acquisition at 1160 Mercantile St in Oxnard, CA 93030. Ownership of both the company and the facility is positioned to give a buyer continuity of operations while also maintaining control over occupancy costs tied to the industrial property. The offering reflects that the purchaser can acquire an existing, functioning operation alongside the real estate used for production.
For an operating buyer or investor, the structure may appeal to those seeking an integrated model where the same ownership can support ongoing service delivery and facility control. The current platform includes more than three decades of operational experience and an established client base. With both the business and real estate included, an owner-operator may be able to preserve operational flexibility and reduce lease dependency compared to acquiring a stand-alone tenant space. The facility’s size is 16,112 square feet, and it is available as part of this combined sale.
The property is offered with the operating business for a combined acquisition at 1160 Mercantile St in Oxnard, CA 93030. Ownership of both the company and the facility is positioned to give a buyer continuity of operations while also maintaining control over occupancy costs tied to the industrial property. The offering reflects that the purchaser can acquire an existing, functioning operation alongside the real estate used for production.
For an operating buyer or investor, the structure may appeal to those seeking an integrated model where the same ownership can support ongoing service delivery and facility control. The current platform includes more than three decades of operational experience and an established client base. With both the business and real estate included, an owner-operator may be able to preserve operational flexibility and reduce lease dependency compared to acquiring a stand-alone tenant space. The facility’s size is 16,112 square feet, and it is available as part of this combined sale.
Key Highlights
- Established metal finishing and plating operation with more than three decades of experience
- Specializes in chemical processing and surface treatment services including anodizing, passivation, and electroless nickel plating
- Corrosion protection coatings services for industrial and manufacturing clients
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$174,488
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,489,760
$3.5M
Cap Rate 7%
$2,492,686
$2.5M
Cap Rate 9%
$1,938,756
$1.9M
Market Conditions
NOI Build-Up for 16,112 SF
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.
Gross rent
$261.0K $16.20/SF
− Vacancy
−$11.7K −$0.73/SF
EGI
$249.3K $15.47/SF
− OpEx
−$74.8K −$4.64/SF
NOI
$174.5K $10.83/SF
Area
Oxnard, CA
Vacancy
4.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,489,760
Cap Rate 7%
$2,492,686
Cap Rate 9%
$1,938,756
Alternative Uses
Best Use
Industrial
$2.49M
$2.18M – $2.91M
NOI $174,488 @ 7.0% cap · market cap 5.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.26M
$4.60M – $6.13M
NOI $368,088 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,604
Businesses Nearby
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Turnkey metal finishing and plating business with real estate, supporting anodizing, passivation, and corrosion protection services for manufacturers.
Where is this manufacturing property located?
The property is located at 1160 Mercantile St Oxnard, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Established metal finishing and plating operation with more than three decades of experience; Specializes in chemical processing and surface treatment services including anodizing, passivation, and electroless nickel plating; Corrosion protection coatings services for industrial and manufacturing clients
