Santa Paula Warehouse
For Sale
$9,700,000
1755 Lemonwood Dr, Santa Paula, CA 93060
40,081 SF warehouse/industrial property for sale in Santa Paula.
Property Size40,080 SF
Price / SF$242.01
Days on Market199
Property Features for 1755 Lemonwood Dr
General Information
Standard status
Active
Size
40,080 SF
Property subtype
Industrial
Building Details
Building Size
40,080 SF
Year Built
2019
Buildings
1
Listing Agency:
Kidder Mathews
Listed By:
Jeffrey Crocker · License #1457097
(818) 867-9027
Source:
Kidder
Added: Apr 7
Changed: Aug 8
Last 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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$496,086
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,921,720
$9.9M
Cap Rate 7%
$7,086,943
$7.1M
Cap Rate 9%
$5,512,067
$5.5M
Market Conditions
NOI Build-Up for 40,081 SF
Gross rent
$615.6K $15.36/SF
− Vacancy
−$32.0K −$0.80/SF
EGI
$583.6K $14.56/SF
− OpEx
−$87.5K −$2.18/SF
NOI
$496.1K $12.38/SF
Area
Ventura County, CA
Vacancy
5.20%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,921,720
Cap Rate 7%
$7,086,943
Cap Rate 9%
$5,512,067
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 authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
224
Businesses Nearby
Balanced
Demand for This Use
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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 Industrial in West region
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
Frequently Asked Questions
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
