Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2380 Eastman Ave Oxnard, CA

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Industrial property in Oxnard, CA, currently 100% leased.

    Type:INDUSTRIAL
    Lot size:
    5.28 Acres
    Added:
    Nov 14, 2024
    Days on Market:
    532
    Last Refresh:
    Apr 5 at 8:29 pm

    Property Features for 2380 Eastman Ave

    General Information

    Standard status
    Active
    Lot size
    5.28 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 2380 Eastman Ave Contact us

    We can help!

    Listing Contact
    Grant Harris
    Grant Harris

    Listing agent Grant Harris License #01029619

    Listing office Lee & Associates

    Listing date Nov 14, 2024

    Source Moodyscre

    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 Lee & Associates

    Overview

    Industrial Property Fully Leased

    The industrial property, located at 2380 Eastman Ave in Oxnard, CA, is currently 100% leased and has no current availability.
    Location Intelligence

    Current Use by Public Records

    Capital Flooring General Contractor ICE Studio 805 Recording Studio Rollin Art Wheels Auto Parts Store Fastenal Fulfillment Center ... Industrial Manufacturer Neon Plus Signs (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Oxnard
    County
    Ventura
    State
    California
    Longitude
    -119.145
    Latitude
    34.1985

    Nearby Similar for Lease

    • $2,500/Mo

      Downtown Oxnard Retail Space Available

      High-visibility retail space in the heart of Downtown Oxnard.
      327 South A Street, Oxnard, CA 93030
      View Details
    • $3,000/Mo

      Oxnard Commercial Space with Parking

      Commercial space in downtown Oxnard with dedicated parking.
      321 South C Street, Oxnard, CA 93030
      View Details
    • $3,000/Mo

      Downtown Oxnard Commercial Unit

      Commercial unit in Oxnard's Central Business District.
      204 E 5th St, Oxnard, CA 93030
      View Details
    • $1.15 SF/Yr

      Oxnard Flex Space Available

      Flex space in central Oxnard location, M1 zoning.
      1102 Industrial Avenue, Oxnard, CA, 93030
      View Details
    • Sponsored
      Contact for pricing

      TOPA Financial Plaza

      300 Esplanade Dr, Unit 9TH, Oxnard, CA 93036
      View Details
    • $1.15 SF/Yr

      Freestanding Flex Space with Yard

      Flex space with offices, fenced yard, and freeway access.
      340 Irving Drive, Oxnard, CA, 93030
      View Details
    • $1.05 SF/Yr

      Oxnard Warehouse/Distribution Space Available

      Warehouse/distribution space with dock high and ground level loading.
      2260 Camino Del Sol, Oxnard, CA, 93030
      View Details
    • $0.95 SF/Yr

      Oxnard Flex Space Available

      Flex space in McInnes Ranch Business Park available for lease.
      3101 Camino Del Sol, Oxnard, CA, 93030
      View Details
    • $1.50 SF/Yr

      Oxnard Medical/Office Suites Available

      Medical and office suites available for lease in Oxnard.
      1555 West 5th Street, Oxnard, CA, 93030
      View Details
    • $1,300/Mo

      Oxnard Commercial Space For Lease

      Spacious commercial property in Oxnard, perfect for offices or retail.
      810 E 5TH, Oxnard, CA 93030
      View Details
    • $0.90 SF/Yr

      FDA Approved Manufacturing Space

      Manufacturing and office space in Channel Islands Business Park.
      1200 Stellar Drive, Oxnard, CA, 93033
      View Details
    • $1.95 SF/Yr

      Freestanding Retail Building with Parking

      Retail space with ample parking in a densely populated area.
      955 South A Street, Oxnard, CA, 93030
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial property in Oxnard, CA, currently 100% leased.
    Where is this industrial property located?
    The property is located at 2380 Eastman Ave Oxnard, CA.
    What are key features of this property?
    This property features: 100% Leased: Provides immediate and consistent income stream; No Current Availability: Indicates high demand and occupancy
    (805) 626-1212 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Grant Harris
    Grant Harris
    Real Estate License ID: 01029619
    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!