Multi-Unit Industrial Property For
1200-1204 Commercial Ave. Oxnard, CA 93030
1200-1204 Commercial Ave., Oxnard, CA, 93030
$3,326,400
For Sale
$3,326,400
Multi-unit industrial property with outside storage and expansion potential.
Property Size13,860 SF
Price / SF$240
Days on Market112
Property Features for 1200-1204 Commercial Ave.
General Information
- Standard status
- Active
- Size
- 13,860 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1961
Listing agency
Daum Commercial
(805) 384-8810
Listed by
Michael Walsh · License #00614168
(805) 384-8810
Source
Daumcommercial
Added: Apr 3 Updated: Jul 10 at 1:16PM Checked: Jul 23 at 2:34AM
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 Daum Commercial
Investment Insights
Based on property information with market context.
This multi-unit industrial property is zoned M-2 Heavy Industrial and allows for outside storage. The property features two 3,960 square foot units and one 5,940 square foot unit. It is suitable for an owner/user or as an investment property, with the opportunity to occupy a portion and lease out the remainder for future expansion.
Key Highlights
- Zoned M‑2 Heavy Industrial w/ Outside Storage
- Multi Unit Industrial
- Opportunity To Use a Part and Lease Out Part for Future Expansion
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $224.5k | $16.20 |
| − Vacancy | −$10.1k | −$0.73 |
| EGI | $214.4k | $15.47 |
| − OpEx | −$64.3k | −$4.64 |
| NOI | $150.1k | $10.83 |
13,860 SF · lease $16.20/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$2.14M
$1.88M – $2.50M
NOI $150,100 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.52M
$3.96M – $5.28M
NOI $316,640 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Industrial properties
Similar For Sale Nearby
FAQs
What type of property is this?
Industrial property - Multi-unit industrial property with outside storage and expansion potential.
Where is this industrial property located?
The property is located at 1200-1204 Commercial Ave. Oxnard, CA.
What is the asking price?
The asking price for this property is $3,326,400.
What are key features of this property?
This property features: Zoned M‑2 Heavy Industrial w/ Outside Storage; Multi Unit Industrial; Opportunity To Use a Part and Lease Out Part for Future Expansion
