Adjoining Office Condo
13-202 Village Commons Camarillo, CA 93012
13-202 Village Commons, Camarillo, CA, 93012
$525,000
For Sale
$525,000
Two adjoining office condo units are offered together, featuring private entrances, bathrooms, and a floor-to-ceiling glass divider.
Property Size1,488 SF
Price / SF$352.82
Days on Market8
Property Features for 13-202 Village Commons
General Information
- Standard status
- Active
- Size
- 1,488 SF
Listing agency
Beverly and Company Inc.
(818) 645-6056
Listed by
Troy Markas · License #01229007
(818) 645-6056
Source
Exprealty
Added: Jul 15 Updated: Jul 22 at 3:16AM Checked: Jul 22 at 3:16AM
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 Beverly and Company Inc.
Investment Insights
Based on property information with market context.
This offering combines two adjoining commercial condo units into one professional office space. The suites total 1,488 square feet and include central air and heating, finished 8-foot ceilings, and drop ceilings. A floor-to-ceiling glass wall separates the two suites, while each unit has its own private street entrance and private bathroom. Each suite also includes a one-car garage that is currently used for storage and a breakroom.
The property is located in a high-visibility setting near the 101 freeway, with other retail and service businesses in the area. The space also features wheelchair accessibility, large display windows, and a strong street presence.
A tenant is currently in place with 22 months remaining, generating a stated 5.33% cap rate at the asking price.
The property is located in a high-visibility setting near the 101 freeway, with other retail and service businesses in the area. The space also features wheelchair accessibility, large display windows, and a strong street presence.
A tenant is currently in place with 22 months remaining, generating a stated 5.33% cap rate at the asking price.
Key Highlights
- Two adjoining commercial condo units offered together as one professional office space (1,488 SF total).
- Each unit has a private street entrance and private bathroom, with a floor‑to‑ceiling glass wall separating the suites.
- Each suite includes its own 1‑car garage (currently used for storage and breakroom).
Local Financial Insights For Office B
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 | $39.3k | $26.40 |
| − Vacancy | −$4.2k | −$2.80 |
| EGI | $35.1k | $23.60 |
| − OpEx | −$8.8k | −$5.90 |
| NOI | $26.3k | $17.70 |
1,488 SF · lease $26.40/SF/yr · vacancy 10.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$376.3K
$329.2K – $439.0K
NOI $26,339 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$510.8K
$447.0K – $596.0K
NOI $35,758 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two adjoining office condo units are offered together, featuring private entrances, bathrooms, and a floor-to-ceiling glass divider.
Where is this office units located?
The property is located at 13-202 Village Commons Camarillo, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two adjoining commercial condo units offered together as one professional office space (1,488 SF total).; Each unit has a private street entrance and private bathroom, with a floor‑to‑ceiling glass wall separating the suites.; Each suite includes its own 1‑car garage (currently used for storage and breakroom).
