Warehouse with Fenced
For Sale
$3,250,000
Pending
2075 Knoll Drive, Ventura, CA 93003
A combined warehouse and office setup with extensive parking and a fenced rear yard for operational flexibility.
Property Size15,494 SF
Days on Market361
Property Features for 2075 Knoll Drive
General Information
Standard status
Pending
Size
15,494 SF
Property subtype
Commercial/Industrial
Additional Details
Fenced Yard
Yes
Building Details
Year Built
1979
Listing Agency:
Pacific Home Brokers
(805) 407-9440
Listed By:
Shari Rogers · License #01986249
(805) 407-9440
Source:
Exitrealty
Added: Sep 4, 2025
Changed: Aug 26
Last Checked: Aug 14 at 7:09AM
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 Pacific Home Brokers
Investment Insights
Based on property information with market context.
This property combines over 11,000 square feet of warehouse space with more than 4,000 square feet of office space, offering a functional split between production, storage, and administration. The office component includes a large drafting or plan room, separate offices, a conference room, and a storage room, supported by four restrooms and a full kitchen. The warehouse portion is designed to serve day-to-day operational needs within a single facility.
The site includes a fenced rear yard and plenty of on-site parking, supporting service, loading, and routine employee access. The overall layout is suited to contractors and businesses that need both work space and dedicated office improvements in the same location.
For buyers seeking a practical owner-occupied or multi-use facility, the combination of warehouse area and substantial office buildout can help streamline workflow by keeping planning, meetings, and daily work functions on-site. The fenced yard and parking further support operations that benefit from controlled outdoor space and easy access for vehicles and staff.
The site includes a fenced rear yard and plenty of on-site parking, supporting service, loading, and routine employee access. The overall layout is suited to contractors and businesses that need both work space and dedicated office improvements in the same location.
For buyers seeking a practical owner-occupied or multi-use facility, the combination of warehouse area and substantial office buildout can help streamline workflow by keeping planning, meetings, and daily work functions on-site. The fenced yard and parking further support operations that benefit from controlled outdoor space and easy access for vehicles and staff.
Key Highlights
- 1979‑built combined warehouse and office property
- Over 11,000 sq ft of warehouse space plus over 4,000 sq ft of office space
- Fenced rear yard and ample parking for operational flexibility
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
$258,611
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
7.96%
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%
$5,172,220
$5.2M
Cap Rate 7%
$3,694,443
$3.7M
Cap Rate 9%
$2,873,456
$2.9M
Market Conditions
NOI Build-Up for 15,494 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
$399.7K $25.80/SF
− Vacancy
−$30.3K −$1.96/SF
EGI
$369.4K $23.84/SF
− OpEx
−$110.8K −$7.15/SF
NOI
$258.6K $16.69/SF
Area
Santa Clara County, CA
Vacancy
7.58%
Lease Rate
$25.80 /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%
$5,172,220
Cap Rate 7%
$3,694,443
Cap Rate 9%
$2,873,456
Alternative Uses
Best Use
Warehouse
$4.49M
$3.93M – $5.23M
NOI $314,028 @ 7.0% cap · market cap 9.66%
Second Best
Industrial
$3.69M
$3.23M – $4.31M
NOI $258,611 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$9.35M
$8.18M – $10.91M
NOI $654,778 @ 7.0% cap · market cap 20.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
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 Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - A combined warehouse and office setup with extensive parking and a fenced rear yard for operational flexibility.
Where is this flex space located?
The property is located at 2075 Knoll Drive 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: 1979‑built combined warehouse and office property; Over 11,000 sq ft of warehouse space plus over 4,000 sq ft of office space; Fenced rear yard and ample parking for operational flexibility
