Flex Warehouse with Roll-Up
For Sale
$1,490,000
820 & 830 E 5th St, Oxnard, CA 93030
Two buildings with individually metered units, fenced parking, and roll-up door access offer flexible flex/warehouse space.
Property Size7,104 SF
Days on Market44
Property Features for 820 & 830 E 5th St
General Information
Standard status
Active
Size
7,104 SF
Property subtype
Industrial
Building Details
Building Size
7,104 SF
Year Built
1950
Listing Agency:
Houstir Inc.
(805) 947-6370
Listed By:
David Albanese · License #01781946
(805) 947-6370
Source:
Elliman
Added: Jul 20
Changed: Aug 14
Last Checked: Aug 30 at 10:12PM
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 Houstir Inc.
Investment Insights
Based on property information with market context.
The property includes two commercial buildings on two parcels, with four divisible units. Each unit is individually metered, and the buildings provide roll-up door access with 16' wide by 10' high doors. The site also has a fenced and secured perimeter, private restrooms on each parcel, fresh exterior paint, and a completed Phase I Environmental Report.
The offering includes approximately 120 feet of street frontage and 20 on-site parking spaces, supporting convenient customer and operational access.
For ownership, the configuration allows for multiple units across two buildings, which can support both investment use and owner-occupant flexibility based on how the space is divided.
The offering includes approximately 120 feet of street frontage and 20 on-site parking spaces, supporting convenient customer and operational access.
For ownership, the configuration allows for multiple units across two buildings, which can support both investment use and owner-occupant flexibility based on how the space is divided.
Key Highlights
- Two commercial buildings on two parcels with four divisible units and individually metered utilities
- Approximately 120 ft of prime street frontage and 20 on‑site parking spaces
- 16' wide x 10' high roll‑up doors on units for flexible flex/warehouse access
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
$86,047
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
5.77%
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%
$1,720,940
$1.7M
Cap Rate 7%
$1,229,243
$1.2M
Cap Rate 9%
$956,078
$956.1K
Market Conditions
NOI Build-Up for 7,104 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
$106.6K $15.00/SF
− Vacancy
−$5.3K −$0.75/SF
EGI
$101.2K $14.25/SF
− OpEx
−$15.2K −$2.14/SF
NOI
$86.0K $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 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%
$1,720,940
Cap Rate 7%
$1,229,243
Cap Rate 9%
$956,078
Alternative Uses
Best Use
Warehouse
$1.23M
$1.08M – $1.43M
NOI $86,047 @ 7.0% cap · market cap 5.77%
Second Best
Flex RnD
$1.16M
$1.01M – $1.35M
NOI $81,164 @ 7.0% cap · market cap 5.45%
Theoretical Best
Office A
$2.32M
$2.03M – $2.70M
NOI $162,295 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,957
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- L&T Catering — 921 Richmond Ave, Oxnard, CA 93030
- The 1901 — 740 S B St, Oxnard, CA 93030
- EB805 Bartending Services — 201 w 3rd st, oxnard, ca 93030
- Garcia’s Catering-Banquet Services in Oxnard Ca-buffet services in Oxnard Ca-operative services in Oxnard Ca — 165 n hayes ave, oxnard, ca 93030
- Condoritos Tacos — 506 Cooper Rd #100, Oxnard, CA 93030
Frequently Asked Questions
What type of property is this?
Flex space - Two buildings with individually metered units, fenced parking, and roll-up door access offer flexible flex/warehouse space.
Where is this flex space located?
The property is located at 820 & 830 E 5th St Oxnard, CA.
What is the asking price?
The asking price for this property is $1,490,000.
What are key features of this property?
This property features: Two commercial buildings on two parcels with four divisible units and individually metered utilities; Approximately 120 ft of prime street frontage and 20 on‑site parking spaces; 16' wide x 10' high roll‑up doors on units for flexible flex/warehouse access
