Manufacturing Facility with
For Sale
Contact for pricing
Pending
1250 Stellar Dr, Oxnard, CA 93033
Specialized production improvements include a dropped-ceiling lab and dedicated assembly room.
Property Size15,207 SF
Days on Market488
Property Features for 1250 Stellar Dr
General Information
Standard status
Pending
Size
15,207 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Amenities
Extensive Dropped Ceiling Lab
Assembly Room
Listing Agency:
CBRE, Inc
(805) 377-5020
Listed By:
Jim Meaney · License #01360121
(805) 377-5020
Source:
Moodyscre
Added: Apr 30, 2025
Changed: Aug 30
Last Checked: Aug 30 at 9:09AM
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 CBRE, Inc
Investment Insights
Based on property information with market context.
This 15,207-square-foot manufacturing property includes an extensive dropped-ceiling laboratory and an assembly room. The improvements are FDA approved for medical device manufacturing, supporting a specialized industrial production use.
The property is located at 1250 Stellar Dr in Oxnard, California, within a master-planned business park. Its position is 2.5 miles south of the 101 Fwy, providing a defined relationship to the regional freeway network.
The property is located at 1250 Stellar Dr in Oxnard, California, within a master-planned business park. Its position is 2.5 miles south of the 101 Fwy, providing a defined relationship to the regional freeway network.
Key Highlights
- 15,207‑square‑foot manufacturing property
- Extensive dropped‑ceiling laboratory
- Assembly room included
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
$164,687
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
4.51%
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%
$3,293,740
$3.3M
Cap Rate 7%
$2,352,671
$2.4M
Cap Rate 9%
$1,829,856
$1.8M
Market Conditions
NOI Build-Up for 15,207 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
$246.4K $16.20/SF
− Vacancy
−$11.1K −$0.73/SF
EGI
$235.3K $15.47/SF
− OpEx
−$70.6K −$4.64/SF
NOI
$164.7K $10.83/SF
Area
Oxnard, CA
Vacancy
4.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
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%
$3,293,740
Cap Rate 7%
$2,352,671
Cap Rate 9%
$1,829,856
Alternative Uses
Best Use
Industrial
$2.35M
$2.06M – $2.74M
NOI $164,687 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.96M
$4.34M – $5.79M
NOI $347,413 @ 7.0% cap · market cap 9.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
809
Businesses Nearby
Explore this area
Business Placement
Demographics for 93033, CA
79,539
Population
17,523
Households
4.5
Avg Household Size
32
Median Age
11%
College-Educated
57%
High-School Grad
32.2 sq mi
ZIP Area
2,470
Density / Sq Mi
$85,848
Median Household Income
$32,675
Median Earnings
$1,810
Median Rent
$549,400
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Specialized production improvements include a dropped-ceiling lab and dedicated assembly room.
Where is this manufacturing property located?
The property is located at 1250 Stellar Dr Oxnard, CA.
What is the asking price?
The asking price for this property is $3,649,680.
What are key features of this property?
This property features: 15,207‑square‑foot manufacturing property; Extensive dropped‑ceiling laboratory; Assembly room included
