Mixed-Use Suite with
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 Market21
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
community BBQ area
garden
parks
Building Details
Year built
2014
Listing Agency:
iHome Seeker Real Estate
(805) 487-1960
Listed By:
Irma Arreguin · License #01299235
(805) 443-8080
Added: Aug 13
Changed: Aug 31
Last Checked: Sep 2 at 1:06AM
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.
201 Westpark Court Suite A is a mixed-use commercial property with a 782-square-foot building area and an approximately 200-square-foot garage offering direct access to the suite. Central air conditioning is installed, and the property includes parking along with access to a community BBQ area, garden, and parks. Built in 2014, the suite combines practical workspace with supplemental storage or garage capacity.
The property is positioned in Camarillo near major thoroughfares and public transportation. Pleasant Valley Sports Park, a 50-acre recreational area, is nearby. Commercial activities identified for the space include retail, antique sales, bakeries, restaurants, medical offices, art studios, beauty salons, and office use.
The property is positioned in Camarillo near major thoroughfares and public transportation. Pleasant Valley Sports Park, a 50-acre recreational area, is nearby. Commercial activities identified for the space include retail, antique sales, bakeries, restaurants, medical offices, art studios, beauty salons, and office use.
Key Highlights
- 782‑square‑foot building area with an approximately 200‑square‑foot garage
- Garage provides direct access to the suite
- Central Air conditioning
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
NOI $13,842 @ 7.0% cap · market cap 3.08%
Second Best
Retail
$178.9K
$156.5K – $208.7K
NOI $12,520 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$268.5K
$234.9K – $313.2K
NOI $18,792 @ 7.0% cap · market cap 4.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
945
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Central air, direct garage access, and parking complement a versatile commercial suite.
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‑square‑foot building area with an approximately 200‑square‑foot garage; Garage provides direct access to the suite; Central Air conditioning
