Freestanding Flex
1433 Arundell Ave, Ventura, CA 93003
For Sale
Contact for pricing
Renovated industrial property combining substantial office improvements with automotive, warehouse, and light industrial utility.
Property Size3,945 SF
Price / SF$392.90
Days on Market103
Property Features for 1433 Arundell Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Drive-In Doors
Power
Voltage
Three-Phase Power
Additional Details
Highway Access
Building Details
Year Built
Year Renovated
Buildings
Building Size
Listing Agency:
Kidder Mathews
Listed By:
Jeffrey M Crocker · License CA #01457097
(818) 867-9027
Source:
Crexi
Added: Jul 30
Changed: Nov 3
Last Checked: Nov 8 at 6:00AM
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 Kidder Mathews
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Investment Insights
Based on property information with market context.
This freestanding 3,945-square-foot flex property combines approximately 50% office buildout with industrial functionality. The building includes an extra-wide 18' x 12' grade-level door, 14' minimum clear height, rooftop solar, and 200 amps of 120/208-volt, three-phase power. Originally constructed in 1968, it received a major renovation in 2011 and has no condominium association or association fees.
The property fronts Arundell Ave with exposure to approximately 25,000 vehicles per day along the 101 Freeway in Ventura. City of Ventura M1 zoning supports light industrial, automotive, warehouse, office, and service uses, providing a versatile configuration for an owner-user or other commercial operation.
The property fronts Arundell Ave with exposure to approximately 25,000 vehicles per day along the 101 Freeway in Ventura. City of Ventura M1 zoning supports light industrial, automotive, warehouse, office, and service uses, providing a versatile configuration for an owner-user or other commercial operation.
Key Highlights
- 3,945‑square‑foot freestanding flex building
- Approximately 50% office buildout
- 18' x 12' extra‑wide grade‑level door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$69,831
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,396,620
$1.4M
Cap Rate 7%
$997,586
$997.6K
Cap Rate 9%
$775,900
$775.9K
Market Conditions
NOI Build-Up for 3,945 SF
Gross rent
$104.1K $26.40/SF
− Vacancy
−$11.0K −$2.80/SF
EGI
$93.1K $23.60/SF
− OpEx
−$23.3K −$5.90/SF
NOI
$69.8K $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%
$1,396,620
Cap Rate 7%
$997,586
Cap Rate 9%
$775,900
Alternative Uses
Best Use
Office B
$997.6K
$872.9K – $1.16M
NOI $69,831 @ 7.0% cap · market cap 4.51%
Second Best
Warehouse
$697.5K
$610.4K – $813.8K
NOI $48,828 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$1.35M
$1.19M – $1.58M
NOI $94,801 @ 7.0% cap · market cap 6.12%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93003, CA
50,558
Population
20,734
Households
2.4
Avg Household Size
42
Median Age
41%
College-Educated
92%
High-School Grad
20.8 sq mi
ZIP Area
2,431
Density / Sq Mi
$100,300
Median Household Income
$50,185
Median Earnings
$2,173
Median Rent
$781,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Ventura, CA
Properties on Market for Flex space in Ventura
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- L&T Catering — 1237 s victoria ave, oxnard, ca 93035
- BBQ Catering for Ventura County by Matheney BBQ — 394 maryville ave, ventura, ca 93003
Frequently Asked Questions
What type of property is this?
Flex space - Renovated industrial property combining substantial office improvements with automotive, warehouse, and light industrial utility.
Where is this flex space located?
The property is located at 1433 Arundell Ave Ventura, CA.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 3,945‑square‑foot freestanding flex building; Approximately 50% office buildout; 18' x 12' extra‑wide grade‑level door
