Light Industrial Flex
For Sale
$1,599,000
1301 E Main Street, Santa Paula, CA 93060
Current gym layout includes offices, restrooms, a shower, loft space, and dedicated on-site parking.
Property Size7,500 SF
Price / SF$213.20
Days on Market51
Property Features for 1301 E Main Street
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Industrial
Zoning
Light Industrial
Additional Details
Road Access
Yes
Building Details
Building Size
7,500 SF
Year Built
1980
Buildings
1
Listing Agency:
Diamond Realty
Listed By:
Theresa Robledo · License #01483023
(805) 625-4450
Source:
Truthrealty
Added: Sep 4
Changed: Oct 21
Last Checked: Oct 23 at 4:00PM
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 Diamond Realty
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Investment Insights
Based on property information with market context.
Built in 1980, this 7,500-square-foot commercial building occupies an almost half-acre lot and is currently configured as a gym. The interior includes multiple office spaces, three bathrooms, a shower, central air, electric service, heat pump equipment, and a spacious loft area. A dedicated parking lot serves the property, with security lighting and 16 parking spaces. Light Industrial zoning supports a flexible commercial setting, with prospective uses subject to City approval and applicable zoning requirements.
The property is located at 1301 Main Street in Santa Paula, near the downtown area. Its setting along E. Main Street places the building close to local eateries, businesses, shopping, and community activity. The configuration offers an existing fitness-oriented layout while retaining office and loft components within a larger light industrial building.
The property is located at 1301 Main Street in Santa Paula, near the downtown area. Its setting along E. Main Street places the building close to local eateries, businesses, shopping, and community activity. The configuration offers an existing fitness-oriented layout while retaining office and loft components within a larger light industrial building.
Key Highlights
- 7,500‑square‑foot building on an almost half‑acre lot
- Light Industrial zoning with prospective uses subject to City approval
- Current gym configuration with multiple office spaces, three bathrooms, a shower, and loft area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,759
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,655,180
$2.7M
Cap Rate 7%
$1,896,557
$1.9M
Cap Rate 9%
$1,475,100
$1.5M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$198.0K $26.40/SF
− Vacancy
−$21.0K −$2.80/SF
EGI
$177.0K $23.60/SF
− OpEx
−$44.3K −$5.90/SF
NOI
$132.8K $17.70/SF
Area
Ventura County, CA
Vacancy
10.60%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,655,180
Cap Rate 7%
$1,896,557
Cap Rate 9%
$1,475,100
Alternative Uses
Best Use
Office B
$1.90M
$1.66M – $2.21M
NOI $132,759 @ 7.0% cap · market cap 8.30%
Second Best
Industrial
$1.09M
$955.6K – $1.27M
NOI $76,447 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$2.57M
$2.25M – $3.00M
NOI $180,230 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
885
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93060, CA
33,859
Population
10,935
Households
3.1
Avg Household Size
35
Median Age
16%
College-Educated
67%
High-School Grad
92.4 sq mi
ZIP Area
366
Density / Sq Mi
$79,606
Median Household Income
$36,202
Median Earnings
$1,678
Median Rent
$582,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Flex space - Current gym layout includes offices, restrooms, a shower, loft space, and dedicated on-site parking.
Where is this flex space located?
The property is located at 1301 E Main Street Santa Paula, CA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 7,500‑square‑foot building on an almost half‑acre lot; Light Industrial zoning with prospective uses subject to City approval; Current gym configuration with multiple office spaces, three bathrooms, a shower, and loft area
