Corner Flex Industrial
For Sale
$435,000
H-4082 Southbank Rd, Oxnard, CA 93036
Corner industrial condo with offices, bathrooms, warehouse area, roll-up access, and a permitted loft with kitchen.
Property Size3,352 SF
Price / SF$129.77
Days on Market2262
Property Features for H-4082 Southbank Rd
General Information
Standard status
Active
Size
3,352 SF
Additional Details
Power
600 amps
Listing Agency:
Century 21 Everest
(805) 815-3577
Listed By:
Max Estes
(805) 312-0554
Source:
Exprealty
Added: Aug 5, 2020
Changed: Oct 3
Last Checked: Oct 12 at 11:55PM
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 Century 21 Everest
Investment Insights
Based on property information with market context.
This corner flex unit is configured for a combination of office and industrial operations. The 2,612-square-foot ground floor includes two offices, two bathrooms, and a substantial work or warehouse area with a roll-up door. Electrical service has been upgraded to 600 AMPS, supporting a range of commercial functions.
A fully permitted 370-square-foot loft adds usable upper-level space and is built for a 250 PSF load. The loft also includes a kitchen area. The property is located in an industrial condominium project in Oxnard, California, at H-4082 Southbank Rd.
A fully permitted 370-square-foot loft adds usable upper-level space and is built for a 250 PSF load. The loft also includes a kitchen area. The property is located in an industrial condominium project in Oxnard, California, at H-4082 Southbank Rd.
Key Highlights
- 2,612 SF ground‑floor configuration
- 600 AMPS electrical service
- Two offices and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,297
Cap Rate
8.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,940
$765.9K
Cap Rate 7%
$547,100
$547.1K
Cap Rate 9%
$425,522
$425.5K
Market Conditions
NOI Build-Up for 3,352 SF
Gross rent
$62.3K $18.60/SF
− Vacancy
−$3.4K −$1.02/SF
EGI
$58.9K $17.58/SF
− OpEx
−$20.6K −$6.15/SF
NOI
$38.3K $11.43/SF
Area
Oxnard, CA
Vacancy
5.50%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,940
Cap Rate 7%
$547,100
Cap Rate 9%
$425,522
Alternative Uses
Best Use
Office B
$830.5K
$726.7K – $968.9K
NOI $58,134 @ 7.0% cap · market cap 13.36%
Second Best
Warehouse
$580.0K
$507.5K – $676.7K
NOI $40,601 @ 7.0% cap · market cap 9.33%
Theoretical Best
Office A
$1.09M
$957.2K – $1.28M
NOI $76,578 @ 7.0% cap · market cap 17.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93036, CA
48,656
Population
14,798
Households
3.3
Avg Household Size
34
Median Age
24%
College-Educated
75%
High-School Grad
17.8 sq mi
ZIP Area
2,733
Density / Sq Mi
$100,482
Median Household Income
$38,229
Median Earnings
$2,199
Median Rent
$648,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Corner industrial condo with offices, bathrooms, warehouse area, roll-up access, and a permitted loft with kitchen.
Where is this flex space located?
The property is located at H-4082 Southbank Rd Oxnard, CA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: 2,612 SF ground‑floor configuration; 600 AMPS electrical service; Two offices and two bathrooms
