High-Ceiling Flex
For Sale
$995,000
229 S Oxnard, Oxnard, CA 93030
Vacant commercial building with customer-facing, office, storage, and restroom areas.
Property Size6,500 SF
Price / SF$153.08
Days on Market77
Property Features for 229 S Oxnard
General Information
Standard status
Active
Size
6,500 SF
Site & Location
Neighborhood
Silver Strand
Building Details
Year Built
1927
Listing Agency:
eXp Realty of California Inc
Listed By:
Michael Love · License #01435262
(818) 674-3799
Source:
Myfabuloushome
Added: Aug 10
Changed: Oct 16
Last Checked: Oct 7 at 2:32PM
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 eXp Realty of California Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 6,000+ sq. ft. flex space, built in 1927, combines hangar-style architecture with a freshly painted interior. The layout includes a designated customer area, office space, substantial storage, and multiple bathrooms. Soaring ceilings create an open interior suitable for a range of commercial configurations.
The property is positioned in Downtown Oxnard along Oxnard Boulevard, a heavily traveled corridor. Plaza Park, cultural venues, restaurants, and local businesses are located nearby. The building is currently vacant, providing an open commercial space for a new occupant or owner.
The property is positioned in Downtown Oxnard along Oxnard Boulevard, a heavily traveled corridor. Plaza Park, cultural venues, restaurants, and local businesses are located nearby. The building is currently vacant, providing an open commercial space for a new occupant or owner.
Key Highlights
- 6,000+ sq. ft. flex space built in 1927
- Hangar‑style architecture with soaring ceilings
- Freshly painted interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,333
Cap Rate
8.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,666,660
$1.7M
Cap Rate 7%
$1,190,471
$1.2M
Cap Rate 9%
$925,922
$925.9K
Market Conditions
NOI Build-Up for 6,500 SF
Gross rent
$128.7K $19.80/SF
− Vacancy
−$9.7K −$1.49/SF
EGI
$119.0K $18.32/SF
− OpEx
−$35.7K −$5.49/SF
NOI
$83.3K $12.82/SF
Area
Oxnard, CA
Vacancy
7.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,666,660
Cap Rate 7%
$1,190,471
Cap Rate 9%
$925,922
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.39M
NOI $83,333 @ 7.0% cap · market cap 8.38%
Second Best
Flex RnD
$1.06M
$928.3K – $1.24M
NOI $74,263 @ 7.0% cap · market cap 7.46%
Theoretical Best
Office A
$2.12M
$1.86M – $2.47M
NOI $148,496 @ 7.0% cap · market cap 14.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93030, CA
59,011
Population
15,966
Households
3.7
Avg Household Size
33
Median Age
19%
College-Educated
70%
High-School Grad
14.1 sq mi
ZIP Area
4,185
Density / Sq Mi
$90,067
Median Household Income
$36,217
Median Earnings
$1,853
Median Rent
$639,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Vacant commercial building with customer-facing, office, storage, and restroom areas.
Where is this flex space located?
The property is located at 229 S Oxnard Oxnard, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 6,000+ sq. ft. flex space built in 1927; Hangar‑style architecture with soaring ceilings; Freshly painted interior
