Spacious Warehouse with Office
For Sale
$3,250,000
Pending
2075 Knoll Dr, Ventura, CA 93003
Large warehouse with ample office space and fenced yard.
Property Size15,494 SF
Lot Size1.02 Acres
Days on Market166
Property Features for 2075 Knoll Dr
General Information
Standard status
Pending
Size
15,494 SF
Lot size
1.02 Acres
Property subtype
Commercial
Building Details
Building Size
15,494 SF
Year Built
1979
Units
1
Listing Agency:
(805) 407-9440
Listed By:
Sharon Bray
(805) 407-9440
Source:
Elliman
Added: Mar 12
Changed: Aug 8
Last Checked: Jul 23 at 8:52AM
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 Sharon Bray
Investment Insights
Based on property information with market context.
This property offers over 11,000 square feet of warehouse space and more than 4,000 square feet of office space. It features a fenced rear yard and ample parking. The office area includes a large drafting/plan room, separate offices, a conference room, a storage room, four restrooms, and a full kitchen. This commercial real estate is suitable for various uses including flex space, industrial purposes, warehousing, and general office operations.
Key Highlights
- 11,000+ sq ft of warehouse space
- 4,000+ sq ft of office space
- Fenced rear yard
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
$222,945
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
6.86%
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%
$4,458,900
$4.5M
Cap Rate 7%
$3,184,929
$3.2M
Cap Rate 9%
$2,477,167
$2.5M
Market Conditions
NOI Build-Up for 11,000 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
$283.8K $25.80/SF
− Vacancy
−$21.5K −$1.96/SF
EGI
$262.3K $23.84/SF
− OpEx
−$39.3K −$3.58/SF
NOI
$222.9K $20.27/SF
Area
Santa Clara County, CA
Vacancy
7.58%
Lease Rate
$25.80 /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%
$4,458,900
Cap Rate 7%
$3,184,929
Cap Rate 9%
$2,477,167
Alternative Uses
Best Use
Office B
$5.53M
$4.84M – $6.45M
NOI $386,970 @ 7.0% cap · market cap 11.91%
Second Best
Warehouse
$3.18M
$2.79M – $3.72M
NOI $222,945 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$6.64M
$5.81M – $7.75M
NOI $464,861 @ 7.0% cap · market cap 14.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93003, CA
50,558
Population
20,734
Households
2.4
Avg Household Size
42
Median Age
41%
College-Educated
92%
High-School Grad
20.8 sq mi
ZIP Area
2,431
Density / Sq Mi
$100,300
Median Household Income
$50,185
Median Earnings
$2,173
Median Rent
$781,600
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?
Flex space - Large warehouse with ample office space and fenced yard.
Where is this flex space located?
The property is located at 2075 Knoll Dr Ventura, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 11,000+ sq ft of warehouse space; 4,000+ sq ft of office space; Fenced rear yard
