Storefront with Dual
For Sale
$699,000
141 Davis Street, Santa Paula, CA 93060
Open-plan interiors feature exposed brick, polished concrete, and two restrooms for flexible retail or studio configuration.
Property Size2,800 SF
Price / SF$249.64
Days on Market218
Property Features for 141 Davis Street
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Retail
Building Details
Building Size
2,800 SF
Year Built
1931
Listing Agency:
RE/MAX Gold Coast REALTORS
(805) 794-6665
Listed By:
David Barajas · License #02023911
(805) 339-3500
Source:
Give2giverealty
Added: Mar 24
Changed: Oct 26
Last Checked: Oct 26 at 3:52PM
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 RE/MAX Gold Coast REALTORS
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Investment Insights
Based on property information with market context.
This 2,800-square-foot storefront in Santa Paula has an open interior with exposed brick walls and polished concrete floors. Its mirrored layout includes two street-facing entryways and two bathrooms, allowing the space to function as one open business or be divided into two storefronts. The building was constructed in 1931.
Located on Davis Street in downtown Santa Paula, the property is also described as having potential for mixed-use residential occupancy.
Located on Davis Street in downtown Santa Paula, the property is also described as having potential for mixed-use residential occupancy.
Key Highlights
- 2,800 square feet in downtown Santa Paula
- Mirrored floor plan with two separate storefront entrances
- Exposed brick walls and polished concrete floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,563
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$991,260
$991.3K
Cap Rate 7%
$708,043
$708.0K
Cap Rate 9%
$550,700
$550.7K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$73.9K $26.40/SF
− Vacancy
−$7.8K −$2.80/SF
EGI
$66.1K $23.60/SF
− OpEx
−$16.5K −$5.90/SF
NOI
$49.6K $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%
$991,260
Cap Rate 7%
$708,043
Cap Rate 9%
$550,700
Alternative Uses
Best Use
Office B
$708.0K
$619.5K – $826.1K
NOI $49,563 @ 7.0% cap · market cap 7.09%
Second Best
Retail
$640.4K
$560.4K – $747.2K
NOI $44,829 @ 7.0% cap · market cap 6.41%
Theoretical Best
Office A
$961.2K
$841.1K – $1.12M
NOI $67,286 @ 7.0% cap · market cap 9.63%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,101
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
Similar Off Market Nearby
- Texis Flower Shop — 834 E Main St, Santa Paula, CA 93060
- Texis Flower Shop — 201 s 10th st unit f, santa paula, ca 93060
Frequently Asked Questions
What type of property is this?
Storefront property - Open-plan interiors feature exposed brick, polished concrete, and two restrooms for flexible retail or studio configuration.
Where is this storefront property located?
The property is located at 141 Davis Street Santa Paula, CA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 2,800 square feet in downtown Santa Paula; Mirrored floor plan with two separate storefront entrances; Exposed brick walls and polished concrete floors
