Oxnard Flex Building with
For Sale
$1,950,000
1650 S Oxnard, Oxnard, CA 93030
15,200 SF Oxnard building with offices, warehouse, and yard.
Property Size15,200 SF
Lot Size0.64 Acres
Price / SF$128.29
Days on Market164
Property Features for 1650 S Oxnard
General Information
Standard status
Active
Size
15,200 SF
Lot size
0.64 Acres
Property subtype
Commercial
Building Details
Building Size
15,200 SF
Year Built
1950
Listing Agency:
Real Investments
(805) 985-1000
Listed By:
Michael Hernandez · License #01269596
(805) 985-1000
Source:
Elliman
Added: Mar 11
Changed: Aug 16
Last Checked: Aug 20 at 7:16AM
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 Real Investments
Investment Insights
Based on property information with market context.
This approximately 15,200 square foot building in Oxnard features offices, warehouse space, and a secure yard. The property includes ample storage and two bathrooms. High ceilings and roll-up doors facilitate shipping and receiving. The building is divisible into 3 units and includes a second-level office. It is well-situated in the City of Oxnard, located on Highway 1 with easy access to Rice Road and the 101 Freeway. Ample parking is available in the front, with approximately 7,000 square feet, and the rear yard space is approximately 6,285 square feet. This property is located in an Opportunity Zone.
Key Highlights
- Located in an Opportunity Zone.
- Divisible into 3 units, offering flexible usage.
- Warehouse with high ceilings and roll‑up doors for shipping/receiving.
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
$173,661
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
8.91%
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%
$3,473,220
$3.5M
Cap Rate 7%
$2,480,871
$2.5M
Cap Rate 9%
$1,929,567
$1.9M
Market Conditions
NOI Build-Up for 15,200 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
$282.7K $18.60/SF
− Vacancy
−$15.5K −$1.02/SF
EGI
$267.2K $17.58/SF
− OpEx
−$93.5K −$6.15/SF
NOI
$173.7K $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 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%
$3,473,220
Cap Rate 7%
$2,480,871
Cap Rate 9%
$1,929,567
Alternative Uses
Best Use
Flex RnD
$2.48M
$2.17M – $2.89M
NOI $173,661 @ 7.0% cap · market cap 8.91%
Second Best
Industrial
$2.35M
$2.06M – $2.74M
NOI $164,611 @ 7.0% cap · market cap 8.44%
Theoretical Best
Office A
$4.96M
$4.34M – $5.79M
NOI $347,253 @ 7.0% cap · market cap 17.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93030, CA
59,011
Population
15,966
Households
3.7
Avg Household Size
33
Median Age
19%
College-Educated
70%
High-School Grad
14.1 sq mi
ZIP Area
4,185
Density / Sq Mi
$90,067
Median Household Income
$36,217
Median Earnings
$1,853
Median Rent
$639,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - 15,200 SF Oxnard building with offices, warehouse, and yard.
Where is this flex space located?
The property is located at 1650 S Oxnard Oxnard, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Located in an Opportunity Zone.; Divisible into 3 units, offering flexible usage.; Warehouse with **high ceilings and roll‑up doors** for shipping/receiving.
