Mixed-Use Suite with Garage
For Sale
$450,000
201 Westpark Court, Camarillo, CA 93012
Flexible commercial space includes central air and on-site parking.
Property Size982 SF
Price / SF$458.25
Days on Market13
Property Features for 201 Westpark Court
General Information
Standard status
Active
Size
982 SF
Property subtype
General Commercial
Additional Details
Public Transit
Yes
Amenities
community BBQ area
garden
parks
Central Air
3
Carbon Monoxide Detector, None
Tile
12 Parking Spaces.
Garden/Lawn, Greenbelt
Garden, Paved. Paved Road, Greenbelt.
Building Details
Year Built
2014
Listing Agency:
iHome Seeker Real Estate
(805) 487-1960
Listed By:
Irma Arreguin · License #01299235
Source:
Xome
Added: Aug 10
Changed: Aug 21
Last Checked: Aug 21 at 4:37AM
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 iHome Seeker Real Estate
Investment Insights
Based on property information with market context.
201 Westpark Court Suite A is a mixed-use commercial space in Camarillo with a 782 sq. ft. building area. An attached garage provides approximately 200 SQ Ft of additional space and connects directly to the unit. Central air, tile, and paved surroundings are among the documented property features, while 12 parking spaces support visitors and occupants.
The property is positioned near major thoroughfares, public transportation, and the 50-acre Pleasant Valley Sports Park. The space is described as accommodating a range of commercial activities, including retail, antique stores, bakeries, restaurants, medical offices, art studios, and beauty salons. Community amenities noted for the development include a BBQ area, garden, and parks.
The property is positioned near major thoroughfares, public transportation, and the 50-acre Pleasant Valley Sports Park. The space is described as accommodating a range of commercial activities, including retail, antique stores, bakeries, restaurants, medical offices, art studios, and beauty salons. Community amenities noted for the development include a BBQ area, garden, and parks.
Key Highlights
- 782 sq. ft. building area
- Attached garage with approximately 200 SQ Ft of extra space and direct unit access
- 12 Parking Spaces.
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
$15,722
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
3.49%
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%
$314,440
$314.4K
Cap Rate 7%
$224,600
$224.6K
Cap Rate 9%
$174,689
$174.7K
Market Conditions
NOI Build-Up for 982 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
$23.6K $24.00/SF
− Vacancy
−$1.1K −$1.13/SF
EGI
$22.5K $22.87/SF
− OpEx
−$6.7K −$6.86/SF
NOI
$15.7K $16.01/SF
Area
Ventura County, CA
Vacancy
4.70%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
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%
$314,440
Cap Rate 7%
$224,600
Cap Rate 9%
$174,689
Alternative Uses
Best Use
Retail
$224.6K
$196.5K – $262.0K
NOI $15,722 @ 7.0% cap · market cap 3.49%
Second Best
Mixed Use
$176.1K
$154.1K – $205.5K
NOI $12,329 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$337.1K
$295.0K – $393.3K
NOI $23,598 @ 7.0% cap · market cap 5.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
945
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Hotels & Casinos 16%
Dining 7%
76
Shops & Services
10,654 visits/mo
0.3 miles
Residence Inn Camarillo
Hotels & Casinos
2,235 visits/mo
0.2 miles
Tony's Pizza
Dining
949 visits/mo
0.5 miles
Demographics for 93012, CA
37,550
Population
14,399
Households
2.6
Avg Household Size
44
Median Age
49%
College-Educated
95%
High-School Grad
50.1 sq mi
ZIP Area
750
Density / Sq Mi
$122,110
Median Household Income
$63,221
Median Earnings
$2,790
Median Rent
$794,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial space includes central air and on-site parking.
Where is this mixed-use property located?
The property is located at 201 Westpark Court Camarillo, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 782 sq. ft. building area; Attached garage with approximately 200 SQ Ft of extra space and direct unit access; 12 Parking Spaces.
