Santa Paula Warehouse
1755 Lemonwood Dr Santa Paula, CA 93060
1755 Lemonwood Dr, Santa Paula, CA, 93060
$9,700,000
For Sale
$9,700,000
40,081 SF warehouse/industrial property for sale in Santa Paula.
Property Size40,081 SF
Price / SF$242.01
Days on Market107
Property Features for 1755 Lemonwood Dr
General Information
- Standard status
- Active
- Size
- 40,081 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2019
Listing agency
Kidder Mathews
(818) 867-9027
Listed by
Jeffrey Crocker · License #1457097
(818) 867-9027
Source
Kidder
Added: Apr 7 Updated: Jul 10 at 1:14PM Checked: Jul 7 at 11:53PM
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
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 40,081 square-foot property suitable for warehouse or industrial use. Located in Santa Paula, California, the property presents an opportunity for various commercial applications.
Key Highlights
- 40,081 SF warehouse/industrial property
- Located in Santa Paula
- Built in 2019
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $615.6k | $15.36 |
| − Vacancy | −$32.0k | −$0.80 |
| EGI | $583.6k | $14.56 |
| − OpEx | −$87.5k | −$2.18 |
| NOI | $496.1k | $12.38 |
40,081 SF · lease $15.36/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$7.09M
$6.20M – $8.27M
NOI $496,086 @ 7.0% cap · market cap 5.11%
Second Best
Industrial
$5.84M
$5.11M – $6.81M
NOI $408,541 @ 7.0% cap · market cap 4.21%
Theoretical Best
Office A
$13.76M
$12.04M – $16.05M
NOI $963,175 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dannmar
Industrial Manufacturer
Similar For Sale Nearby
Similar Off Market Nearby
- Highline Self Storage — 1343 E Main St, Santa Paula, CA 93060
- The Wright Storage — 18035 E Telegraph Rd, Santa Paula, CA 93060
FAQs
What type of property is this?
Warehouse - 40,081 SF warehouse/industrial property for sale in Santa Paula.
Where is this warehouse located?
The property is located at 1755 Lemonwood Dr Santa Paula, CA.
What is the asking price?
The asking price for this property is $9,700,000.
What are key features of this property?
This property features: 40,081 SF warehouse/industrial property; Located in Santa Paula; Built in 2019
