Two-Unit Professional Office
For Sale
$525,000
202 Village Commons Unit 13, Camarillo, CA 93012
Adjoining suites provide private entrances, bathrooms, display windows, and flexible storage or breakroom space.
Property Size1,488 SF
Price / SF$352.82
Days on Market58
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Property Features for 202 Village Commons Unit 13
General Information
Standard status
Active
Size
1,488 SF
Total Parking Spaces
2
Occupancy
100%
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Cap Rate
5.33%
Office Units
2
Amenities
central air and heating
drop ceilings
floor-to-ceiling glass wall
private street entrance
private bathroom
wheelchair accessible
large display windows
Building Details
Year Built
2014
Tenancy
Single
Listing Agency:
Beverly and Company Inc.
Listed By:
Troy Markas · License #01229007
(818) 645-6056
Source:
Myfabuloushome
Added: Aug 19
Changed: Oct 11
Last Checked: Oct 7 at 5:28PM
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 Beverly and Company Inc.
Investment Insights
Based on property information with market context.
This professional office property combines two adjoining commercial condo units totaling 1,488 square feet. Built in 2014, the space includes central air and heating, finished 8' ceilings, drop ceilings, and a floor-to-ceiling glass partition between the suites. Each unit has a private street entrance, private bathroom, wheelchair access, and a one-car garage currently configured for storage and breakroom use. Large display windows add to the property's street-facing presentation.
The property is positioned near the 101 freeway and among retail and service businesses. A tenant is in place with 22 months remaining, and the investment is reported at a 5.33% cap rate at the asking price.
The property is positioned near the 101 freeway and among retail and service businesses. A tenant is in place with 22 months remaining, and the investment is reported at a 5.33% cap rate at the asking price.
Key Highlights
- Two adjoining office condo units totaling 1,488 sq ft
- Tenant in place with 22 months remaining
- 5.33% cap rate at the asking price
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,339
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$526,780
$526.8K
Cap Rate 7%
$376,271
$376.3K
Cap Rate 9%
$292,656
$292.7K
Market Conditions
NOI Build-Up for 1,488 SF
Gross rent
$39.3K $26.40/SF
− Vacancy
−$4.2K −$2.80/SF
EGI
$35.1K $23.60/SF
− OpEx
−$8.8K −$5.90/SF
NOI
$26.3K $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 Rate 5%
$526,780
Cap Rate 7%
$376,271
Cap Rate 9%
$292,656
Alternative Uses
Best Use
Office B
$376.3K
$329.2K – $439.0K
NOI $26,339 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$510.8K
$447.0K – $596.0K
NOI $35,758 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
2
Office units
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
618
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office units - Adjoining suites provide private entrances, bathrooms, display windows, and flexible storage or breakroom space.
Where is this office units located?
The property is located at 202 Village Commons Unit 13 Camarillo, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two adjoining office condo units totaling 1,488 sq ft; Tenant in place with 22 months remaining; 5.33% cap rate at the asking price
