Freestanding Manufacturing
For Sale
Contact for pricing
200 Science Dr, Moorpark, CA 93021
Industrial facility with substantial electrical service, loading access, and flexibility for manufacturing or warehouse operations.
Property Size115,538 SF
Price / SF$216.38
Days on Market122
Property Features for 200 Science Dr
General Information
Standard status
Active
Size
115,538 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
22 ft
Dock-High Doors
1
Drive-In Doors
2
Power
6,000 amps
Voltage
480 V
Three-Phase Power
Yes
Additional Details
Highway Access
Yes
Listing Agency:
Stream Realty Partners
(213) 650-3857
Listed By:
Chandler Larsen
(213) 650-3859
Source:
Moodyscre
Added: May 12
Changed: Sep 9
Last Checked: Sep 10 at 12:20PM
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 Stream Realty Partners
Investment Insights
Based on property information with market context.
This freestanding industrial building offers 115,538 square feet configured for manufacturing or warehousing uses. The facility provides 22-foot clear height, one dock-high door, and two grade-level loading doors to support material handling and distribution activity. Electrical infrastructure includes 6,000 amps of 277/480V, 3-phase, 4-wire power.
The property is positioned in Moorpark’s industrial corridor with access to the 101 Freeway, connecting the facility to regional transportation routes. Its combination of industrial scale, loading capability, clear height, and high-capacity power supports a range of production and warehouse requirements.
The property is positioned in Moorpark’s industrial corridor with access to the 101 Freeway, connecting the facility to regional transportation routes. Its combination of industrial scale, loading capability, clear height, and high-capacity power supports a range of production and warehouse requirements.
Key Highlights
- 115,538‑square‑foot freestanding industrial building
- 22' clear height
- 1 DH and 2 GL loading doors
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
$1,430,024
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
5.72%
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%
$28,600,480
$28.6M
Cap Rate 7%
$20,428,914
$20.4M
Cap Rate 9%
$15,889,156
$15.9M
Market Conditions
NOI Build-Up for 115,538 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
$1.77M $15.36/SF
− Vacancy
−$92.3K −$0.80/SF
EGI
$1.68M $14.56/SF
− OpEx
−$252.4K −$2.18/SF
NOI
$1.43M $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 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%
$28,600,480
Cap Rate 7%
$20,428,914
Cap Rate 9%
$15,889,156
Alternative Uses
Best Use
Warehouse
$20.43M
$17.88M – $23.83M
NOI $1,430,024 @ 7.0% cap · market cap 5.72%
Second Best
Industrial
$16.82M
$14.72M – $19.63M
NOI $1,177,667 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$39.66M
$34.71M – $46.27M
NOI $2,776,461 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
22 ft
Clear height
1
Dock-high doors
2
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
874
Businesses Nearby
Explore this area
Business Placement
Demographics for 93021, CA
38,103
Population
12,103
Households
3.1
Avg Household Size
39
Median Age
45%
College-Educated
91%
High-School Grad
47.8 sq mi
ZIP Area
797
Density / Sq Mi
$149,848
Median Household Income
$55,770
Median Earnings
$2,651
Median Rent
$862,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial facility with substantial electrical service, loading access, and flexibility for manufacturing or warehouse operations.
Where is this manufacturing property located?
The property is located at 200 Science Dr Moorpark, CA.
What is the asking price?
The asking price for this property is $25,000,000.
What are key features of this property?
This property features: 115,538‑square‑foot freestanding industrial building; 22' clear height; 1 DH and 2 GL loading doors
