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Mixed-Use Suite with Garage
For Sale
Under Contract
$450,000

201 Westpark Court, Camarillo, CA 93012

Mixed Use, Camarillo, CA

Property Size782 SF
Price / SF$575.45
Days on Market12

Property Features for 201 Westpark Court

General Information

Property type Commercial Sale
Property subtype Other
Subdivision VC42 - Camarillo Heights
Standard status Active Under Contract
APN 2290380405

Utilities

Cooling system Central Air

Amenities

BBQ area
garden
parks

Building Details

Year built 2014
Listing Agency: iHome Seeker Real Estate
Listed By: Irma Arreguin · License #01299235
Added: Aug 13 Changed: Aug 24 Last Checked: Aug 24 at 6:06PM
MLS# V1-38177

Copyright © 2026 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use suite at 201 Westpark Court includes 782 square feet of building area, plus a garage offering approximately 200 SF of additional space with direct access to the unit. Central air conditioning is installed, and parking is available on site. The property was built in 2014.

The space is identified for a broad range of commercial activities, including retail, bakeries, restaurants, medical offices, antique stores, art studios, and beauty salons. Its Camarillo setting provides access to major thoroughfares and public transportation, while the nearby 50-acre Pleasant Valley Sports Park adds a recreational component to the surrounding area.

Community amenities described for the property include a BBQ area, garden, and parks, supporting a mixed-use environment that combines commercial and living-oriented elements.

Key Highlights

  • 782 sq. ft. building area with approximately 200 SQ Ft of additional garage space
  • Garage has direct access to the unit
  • Central Air cooling

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
$13,842
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
3.08%
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%
$276,840 $276.8K
Cap Rate 7%
$197,743 $197.7K
Cap Rate 9%
$153,800 $153.8K
Market Conditions
NOI Build-Up for 782 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
$20.6K $26.40/SF
− Vacancy
−$2.2K −$2.80/SF
EGI
$18.5K $23.60/SF
− OpEx
−$4.6K −$5.90/SF
NOI
$13.8K $17.70/SF
Area
Ventura County, CA
Vacancy
10.60%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
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%
$276,840
Cap Rate 7%
$197,743
Cap Rate 9%
$153,800

Alternative Uses

Best Use
Office B
$197.7K
$173.0K – $230.7K (±1% cap)
NOI $13,842 @ 7.0% cap · market cap 3.08%
Second Best
Retail
$178.9K
$156.5K – $208.7K (±1% cap)
NOI $12,520 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$268.5K
$234.9K – $313.2K (±1% cap)
NOI $18,792 @ 7.0% cap · market cap 4.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

we buy houses ... Real Estate Agency SL Leonard & Associates General Contractor Mhmh Inc Factory Century 21 Homeland ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Catering Service Daycare Center Clothing & Fashion Store Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

945
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Central air, direct-access garage storage, and on-site parking support a flexible commercial setting.
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 with approximately 200 SQ Ft of additional garage space; Garage has direct access to the unit; Central Air cooling
More about this property
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